Lloyd’s announced the marketplace has secured a five-year £650 million ($897 million) reinsurance cover for its Central Fund—a move that...
Swiss Re News
Major reinsurers have already pulled back from providing bespoke cover for coal projects as part of efforts to meet global...
The COVID-19 crisis reduced overall global macro resilience – or the ability of societies to absorb shocks – by 18%...
The expectation that hundreds of so-called zombie companies will fail over the next few years and drag on the economy...
Climate change is making hurricanes bigger and stronger, and it may soon push them farther north. Yet Canada’s homeowners, businesses...
Swiss Re reported consolidated net income of USD 333 million in the first quarter of 2021, despite heightened losses in...
If nothing is done to combat climate change, global temperatures could rise by 3.2°C within the next 30 years, shrinking...
Alaska could face “California-style” blackouts as climate change increases the state’s wildfire risk. That’s according to an article this week...
Natural and man-made catastrophes cost the insurance industry US$89 billion in 2020, in the fifth costliest year since 1970, according...
Swiss Re announced new measures to support the transition to a net-zero economy by 2050, which encompass re/insurance underwriting, asset...