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.
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.
Swiss Re identifies 16 emerging insurance risks
Its latest report warns that the majority of these risks are becoming more intertwined.
Swiss Re, Appian expand underwriting tool to APAC
The solution is integrated with Swiss Re's automated underwriting system.
Higher EV sales to surface new insurance risk factors: SRI
EV insurance can take the global market size to more than $200b in 2030.
Savings products to drive global premiyums to $4t by 2034
Swiss Re Insitute says this is all thanks to escalating interest rates.
Swiss Re Institute report predicts AI impact on health industry
Insurers are advised to take advantage of this to expand cyber risk offerings.
Swiss Re's innovation drive targets Southeast Asia
Select entrepreneurs will participate in a 6-month programme starting in Jan. 2025.
Swiss Re realigns business units after Ojeisekhoba’s departure
Ivan Gonzalez will soon be CEO of Corporate Solutions.
Swiss Re posts $1.1b net income in Q1’24
Insurance revenue reached $11.5b.
Swiss Re to roll out AI tool for better decision-making
The initiative is set for a broader rollout later in the year.
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.