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 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.
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.
Swiss Re registers $2.5b profit in 9M23
The company aims for more than $3b in net earnings for 2023.
Seven countries benefit from initial anticipatory action and disaster risk reduction programme
Its goal was to minimise the impact of disasters on individuals and communities.
Global cyber insurance market to see 50% growth in next five years: Swiss Re
Swiss Re said no country has fully realised the economic potential of digital technology in the insurance sector.
Swiss Re forecasts steady growth for non-life reinsurance
The reinsurance market is seen to return to a more sustainable level of risk-adjusted pricing.
Boosting non-life insurance profitability to strengthen ‘vital role’ as a financial safety net: Swiss Re
An ongoing imbalance in the demand and supply of non-life insurance is predicted.
Swiss Re ties up with Wysa for first AI-based mental health support app in Australia
The insurers are working to build similar products to cater to other regions.
SG’s Income Insurance, Swiss Re reveal first post-cancer term option
The coverage is available to patients aged 74 to 54 years old.
Global protection gap reaches $1.8t in 2022
Asia Pacific among emerging economies to witness improvement in natural catastrophe resilience.
How inclusive are life and health insurance markets in Asia?
Japan has the most inclusive L&H market in Asia.
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