Large risks ex­plained in brief

The Swiss gov­ern­ment is cur­rent­ly work­ing on a ‘pool so­lu­tion’ to cush­ion the eco­nom­ic im­pact of fu­ture pan­demics. Ivo Men­zinger has worked on the pos­si­ble struc­tures for the so­lu­tion.

In this ex­tra­or­di­nary year, the in­sur­ance in­dus­try paid out an es­ti­mat­ed to­tal of CHF 1 bil­lion in claims to pol­i­cy­hold­ers in Switzer­land in the con­text of loss­es re­lat­ed to Covid-19.

Pop­u­la­tion growth, glob­al mo­bil­i­ty or eco­log­i­cal changes in­crease the risk of pan­demics. Is pan­dem­ic risk in­sur­able? The an­swer is, on­ly with gov­er­nance par­tic­i­pa­tion.