Swiss Re Targets Net Income of More Than US$4.4 billion for 2025 December 13, 2024 Swiss Re is targeting a net income of more than US$4.4 billion for 2025 and aims to grow the ordinary...
Quantifying Social Inflation: How Swiss Re Developed an Index December 11, 2024 By Susanne Sclafane Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers...
Catastrophe Bonds See Investor Influx After ‘Fantastic’ Run December 10, 2024 By Gautam Naik After emerging from an unusually active hurricane season with market-beating returns, catastrophe bonds are rapidly adding investors. Despite the increase...
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re December 6, 2024 By L.S. Howard Estimated insured losses from natural catastrophes are on track to surpass US$100 billion in 2024 – for the fifth consecutive...
Italy to Require Companies Buy Insurance for Climate Risks December 3, 2024 By Gautam Naik Starting Jan. 1, every company in Italy must buy insurance to protect its assets from floods, landslides and other natural...
Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...
Flood Adaptation Preferable to Post-Disaster Rebuilding – And Helps With Insurability November 19, 2024 By L.S. Howard Economic losses caused by natural catastrophes reached an estimated US$280 billion in 2023, with US$51.6 billion of that total due...
Swiss Re Execs Sleeping Well After $2.4 Billion Q3 Reserve Boost November 15, 2024 By Susanne Sclafane While a $2.4 billion boost in loss reserves for the third-quarter will help Swiss Re’s executives sleep better on a...
Swiss Re Cuts 2024 Profit Target After Raising US Reserves November 7, 2024 By Noele Illien Swiss Re AG said it was raising reserves in its US Property & Casualty business by $2.4 billion in the...
Swiss Re Agrees to Sell iptiQ’s European P&C Business to Allianz Direct November 5, 2024 Swiss Re has agreed to sell iptiQ’s European P&C business to Allianz Direct, in line with its strategic decision to...