>> Revoir le sujet du 19h30 après les inondations en Valais en 2024 :
Novelis et Constellium sont toujours à l’arrêt”/> The increasing frequency and intensity of extreme weather events are raising serious concerns about the financial viability of insurance coverage for communities facing heightened risks. as climate change accelerates, the potential for catastrophic losses is prompting some insurers in France to withdraw coverage from areas particularly vulnerable to natural disasters. but what does this mean for Switzerland, and how long can the current system of risk-sharing remain sustainable?
The Looming Threat of Insolvency for Insurers
The scale of potential damage from natural disasters is becoming a critical issue for the insurance industry. In Switzerland, insurance companies are currently maintaining coverage, but the question remains: for how much longer? The financial strain on insurers is already evident.
Consider Lucerne, where a severe hailstorm in 2021 resulted in 480 million Swiss francs in claims. Without the financial support from other cantonal insurance institutions, the Lucerne Cantonal Insurance Company (ECA) would have likely faced bankruptcy. This situation highlights the crucial role of solidarity within the Swiss insurance system, but also underscores it’s limitations.
>> Revoir le sujet du 19h30 après les inondations en Valais en 2024 :
I’ve found that the current model relies heavily on the ability of financially stable cantons
