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.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
3 days ago
Swiss Re aims for $4.4b profit in 2025
Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.
5 days ago
Hong Kong needs more underwriters in marine insurance
The city may have to ease immigration rules to attract talent.
Insured losses top $100b for fifth consecutive year
Annual insured losses are expected to rise by 5% to 7%.
Howden taps Azman Noorani as new global head for surety
He brings over 26 years of experience in the insurance and reinsurance markets.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
Swiss Re net income falls 12% in 9M 2024
In the third quarter, its net income was $102m.
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.
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Highlighting its innovative approach to the ageing population, digital transformation, and international insurance market leadership.
