Insured Losses in 2019 Estimated at $56B, Down from $93B Last Year: Swiss Re December 20, 2019 Global insured losses in 2019 dropped to an estimated US$56 billion, from US$93 billion in 2018 and below the annual...
Insurance Premiums to Grow 3% Despite Economic Slowdown: Swiss Re November 14, 2019 Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic...
Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re July 8, 2019 Carriers’ expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018,...
Insurance Industry Must Wake Up to Costs of ‘Secondary’ Catastrophe Perils: Swiss Re April 12, 2019 By L.S. Howard The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60...
Emerging Markets to Drive Global Insurance Growth over Next Decade: Swiss Re’s Sigma March 8, 2019 Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a...
Global Insured Losses From Disasters at $79 Billion in 2018: Swiss Re Sigma Estimate December 18, 2018 According to preliminary sigma estimates from Swiss Re, total economic losses from natural and man-made catastrophes in 2018 declined to...
ILS Issuance in H1 Tops $7B, Reflecting Capital Markets’ Re/Insurance Appetite: Swiss Re August 31, 2018 The first half of 2018 aptly demonstrated that the insurance-linked securities (ILS) market has an undiminished appetite to provide re/insurance...
Engineering Insurance Results Deteriorate but Better Times Could Be Ahead: Swiss Re June 14, 2018 By L.S. Howard Underwriting performance in global engineering insurance has deteriorated over recent years – on declining premiums and rising claims in some...
Natural Disasters Cost Insurers a Record $144 Billion in 2017: Swiss Re’s sigma April 10, 2018 Global insured losses from natural catastrophes were US$144 billion in 2017, the highest-ever recorded in a single year, according to...
Global Premium Growth Slows in 2016 – with China as Exception: Swiss Re July 6, 2017 By L.S. Howard Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in...