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Swiss Re estimates its third quarter claims burden from large natural catastrophes at USD 1.1 billion; large man-made losses to be an additional USD 300 million

Swiss Re estimates its third quarter claims burden from large natural catastrophes at USD 1.1 billion; large man-made losses to be an additional USD 300 million

18 October 2018

Swiss Re estimates its preliminary claims burden from recent natural catastrophes amount to approximately USD 1.1 billion in the third quarter of 2018, net of retrocession and before tax.

Insurance industry needs to respond proactively to changing market dynamics in order to benefit from promising opportunities

Insurance industry needs to respond proactively to changing market dynamics in order to benefit from promising opportunities

10 September 2018

• Market environment remains challenging, but short- and long-term opportunities for growth exist • With an estimated 2 billion people globally having no access to insurance, addressing the protection gap is the most promising long-term opportunity along with the growth of risk pools • Swiss Re expects the pricing environment to be broadly stable; largest P&C insurance markets need to improve underwriting margins to achieve sustainable return on equity

Improved economic momentum alone will not close current profitability gaps in major non-life insurance markets, sigma says

Improved economic momentum alone will not close current profitability gaps in major non-life insurance markets, sigma says

10 September 2018

• Non-life underwriting margins in major western markets and Japan need to improve by around 5 to 9 percentage points in order to deliver sustainable returns • Supportive macroeconomic developments alone are unlikely to close this existing profitability gap • Premium rate increases are needed to restore profitability to sustainable levels • Insurance stocks have delivered profitability on par with other sectors over the long run, and offer diversification benefits • Investments in technology will lead to efficiency gains in the longer run

Swiss Re Institute preliminary sigma estimates: catastrophes cause global economic losses of USD 36 billion in the first half of 2018

Swiss Re Institute preliminary sigma estimates: catastrophes cause global economic losses of USD 36 billion in the first half of 2018

16 August 2018

• Total global economic losses from disasters in H1 2018 were USD 36 billion, significantly down from USD 64 billion in H1 2017 and well below average • Global insured losses from disasters were USD 20 billion in H1 2018, down from USD 30 billion in H1 2017 • Winter storm Friederike was the largest H1 2018 loss event with insured losses of USD 2.1 billion • Disaster events claimed approximately 3 900 victims in H1 2018 - the lowest half-year total in over three decades

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New Swiss Re Corporate Solutions publication examines how satellite constellations impact space risk

New Swiss Re Corporate Solutions publication examines how satellite constellations impact space risk

17 July 2018
Swiss Re Capital Markets structures and places USD 350 million catastrophe bond for Frontline Insurance

Swiss Re Capital Markets structures and places USD 350 million catastrophe bond for Frontline Insurance

10 July 2018
Global insurance premiums continued to rise in 2017 with emerging markets leading the way, latest Swiss Re Institute sigma study says

Global insurance premiums continued to rise in 2017 with emerging markets leading the way, latest Swiss Re Institute sigma study says

05 July 2018
Swiss Re establishes thermal coal policy to support transition to a low-carbon economy

Swiss Re establishes thermal coal policy to support transition to a low-carbon economy

02 July 2018
Swiss Re analysis confirms ESG benchmarks make economic sense – new publication on responsible investments launched today

Swiss Re analysis confirms ESG benchmarks make economic sense – new publication on responsible investments launched today

26 June 2018
The adoption of new technologies in construction will fundamentally affect the risk landscape for engineering insurance, sigma study says

The adoption of new technologies in construction will fundamentally affect the risk landscape for engineering insurance, sigma study says

13 June 2018
Swiss Re's 2018 SONAR report examines emerging risks the re/insurance industry and society are facing

Swiss Re's 2018 SONAR report examines emerging risks the re/insurance industry and society are facing

31 May 2018
Swiss Re reports first quarter 2018 net income of USD 457 million; public share buy-back programme to start on 7 May 2018

Swiss Re reports first quarter 2018 net income of USD 457 million; public share buy-back programme to start on 7 May 2018

04 May 2018