Swiss Re

Founded in Zurich, Switzerland in 1863, Swiss Re Group is a global wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. The firm has over 70 offices around the the world.

See below for the Latest Swiss Re News, Analysis, Profit Results, Share Price Information, and Commentary. 

Swiss Re to roll out AI tool for better decision-making

The initiative is set for a broader rollout later in the year.
6 days ago

Swiss Re to roll out AI tool for better decision-making

The initiative is set for a broader rollout later in the year.
6 days ago

Natural disasters steer Asia Pacific towards parametric insurance

Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.

Record-breaking Nat Cat causes $108b insured losses in 2023, says Swiss Re

Over the past 30 years, insured losses from Nat Cat have outpaced global economic growth

Swiss Re board proposes 6% dividend increase

Backed by a sturdy capital position, Swiss Re's board advocates for a 6% dividend raise, amounting to $6.80 per share.

Asian economies at higher financial risk from climate hazard intensification, warns report

The Swiss Re Institute emphasised insurance’s role in risk mitigation.

S&P Global Ratings forecasts earnings surge to $3.6b in 2024 for Swiss Re 

Its life and health reinsurance segment is projected to reach $1.5b in profits.

India set for expansion in 2023, premiums to swell in the next 10 years

Despite an upward forecast, the sector still faces an average of $8b annual economic loss from natcat.

Economic slowdown challenges insurance underwriting; emerging markets show promise

Swiss Re Institute analyst underscored that real premium growth in emerging markets, including China, outpaces the more advanced economies.

Swiss Re upbeat about growth of insurance sector

As a cautionary note, an economist said fixed annuities face potential decline as higher Interest rates shift consumer preferences.

Natural catastrophes drive insured losses to record levels in 2023 – Swiss Re

Insured losses in the year alone have surpassed $100b, driven by thunderstorms.

Global economic slowdown fueled by increased interest rates from major banks

Asia Pacific's insurance premiums are expected to climb 2.3%. In the next two years.

Swiss Re predicts $4t surge in life savings premiums by 2033 amid pension and retirement savings concerns

An estimated retirement savings gap of $106t exists across government-provided, employer-based, and individual pension savings in eight major economies in 2022.

Swiss Re aims for $3.6b in net income amidst IFRS shift

Its SST ratio is perceived to be unaffected by the shift to IFRS.

Swiss Re: Asia’s insurance players target health industry in 2024

In Singapore, shifting focus to health underscores the need for insurance players to close the protection gap that has remained unchanged in the last 5 years.

APAC’s insurance premiums to rise 2.3% in the next two years: Swiss Re

The region’s insurance premium growth is slightly higher than the world estimate of 2.2%.

Insurers close protection gap amid rising mental health issues

As Singapore sees a large protection gap, insurers attempt to close the gap through emphasizing mental health and sustainable inclusivity.