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.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
1 day ago
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
1 day ago
Swiss Re net income falls 12% in 9M 2024
In the third quarter, its net income was $102m.
6 days ago
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Flood infrastructure saves 10x rebuilding costs
Climate change is expected to drive up these losses further.
Swiss Re sells iptiQ's European P&C unit to Allianz Direct
This move brings over 130,000 iptiQ customers into Allianz Direct's portfolio.
What opportunities does APAC's millionaires offer insurers?
China is home to 6 million millionaires, second only to the US.
Lower-income households bear brunt of insurance hikes
Whilst inflation is declining, insurance prices have risen sharply.
Extended mortality risks loom for insurers
Insurers will need reassessment of mortality portfolios.
Swiss Re forecasts higher demand for reinsurance
Demand for property and specialty reinsurance is rising due to higher property values.
Swiss Re targets over $3.6b FY24 net income, bags $2.1b in H1
EPS for the period was $6.97.
Global insured NatCat losses hit $60b in H1 2024
The US alone experienced 12 severe storms in H1.
Swiss Re reels Alan Wilson as board of directors
He was MSIG Asia's CEO for 14 years.
Insurance industry at risk from renewed supply shocks
It potentially puts pressure on underwriting performance.
Swiss Re appoints new Group CFO
This succession comes after the retirement of John Dacey.
Advanced markets to drive half of new insurance premiums by 2034
Advanced APAC is expected to see strong growth in the life sector.
Climate change impacts wind turbine infrastructure, insurers advised
A 10% decline in wind speed can result in over a 30% reduction in output.
Japan’s interest rate rise offers lessons for China’s insurers
To manage low interest, Japanese insurers shifted to foreign securities and protection-type policies.