Insurance Industry Support of Carbon Removal Needed in Drive to Net Zero July 13, 2022 By L.S. Howard Ditching investments in fossil fuel businesses—and denying them insurance—aren’t the only ways for the insurance industry to participate in the...
Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc. June 24, 2022 By L.S. Howard The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and...
Preparing for InsurTech’s Second Act: Embedded Insurance June 20, 2022 By Elizabeth Blosfield The insurtech industry has been around for about a decade, and experts say that while it has succeeded in bringing...
World’s Biggest Re/Insurers Expanding in Africa, but Climate Change Could Hit Profits June 10, 2022 By Emma Rumney The world’s biggest insurers are expanding in Africa, looking to tap growth promised by a rising population and middle class,...
Investors, Including Allianz and Swiss Re, Urge U.N. to Create Plan for Farm Emissions June 9, 2022 By Simon Jessop and Gloria Dickie Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable...
Swiss Re and UBS Among Founding Buyers of Credits From Carbon Removal Scheme May 23, 2022 By Susanna Twidale Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up...
Natural Disasters, Ukraine War Weigh on Q1 Results of Europe’s Major Reinsurers May 16, 2022 By L.S. Howard Three out of four of the major European reinsurers reported their profits were negatively affected as a result of elevated...
With Inadequate Natural Catastrophe Prices, Swiss Re Gives Florida a Wide Berth May 6, 2022 By L.S. Howard Premium rates for natural catastrophe risks in Florida continue to be inadequate, which is why Swiss Re is giving that...
Swiss Re Reports Q1 Loss as Ukraine War, Natural Disasters and COVID Take Their Toll May 5, 2022 By L.S. Howard Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such...
Swiss Re Secures $1.15B Stop-Loss Protection to Support Reinsurance Growth April 19, 2022 Swiss Re has secured US$1.15 billion in stop-loss cover that protects the entire group for severe underwriting-related losses over a...