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Swiss Re receives branch license to offer reinsurance in India

Swiss Re receives branch license to offer reinsurance in India

23 January 2017

• Swiss Re is among the first five foreign reinsurers to receive branch license to operate in India • Swiss Re to open new India branch effective 1 February 2017 • Kalpana Sampat to head India branch located in Mumbai

Sustained insurance sector growth in 2017 largely based on demand from emerging markets

Sustained insurance sector growth in 2017 largely based on demand from emerging markets

22 November 2016

• Moderate global economic growth is expected to support insurance sector growth over the next two years • Growth in global non-life insurance premiums are projected to be driven by the emerging markets • Pricing in commercial lines continues to deteriorate, but at a slower pace; demand for cyber risk solutions is increasing • Global life insurance premiums are forecast to grow by 4.8% in 2017 and 4.2% in 2018 in real terms • Emerging market life premiums will grow strongly, driven by demand for savings vehicles, particularly in emerging Asia

Swiss Re reports strong net income of USD 3.0 billion for the first nine months of 2016; to start share buy-back programme

Swiss Re reports strong net income of USD 3.0 billion for the first nine months of 2016; to start share buy-back programme

03 November 2016

• Group net income strong at USD 3.0 billion, supported by solid underwriting and strong investment results; all Business Units contributed to the result • Property & Casualty Reinsurance net income USD 1.5 billion; ROE of 16.1% • Life & Health Reinsurance net income USD 635 million; ROE of 12.5% • Corporate Solutions net income USD 150 million; ROE of 8.6% • Life Capital net income USD 726 million; USD 364 million gross cash generation and ROE of 14.5% • Swiss Re will start public share buy-back programme on 4 November 2016

Swiss Re reinsures Guangdong, China's most populated economic hub, against natural disaster risk; Typhoon Haima triggers first payout

Swiss Re reinsures Guangdong, China's most populated economic hub, against natural disaster risk; Typhoon Haima triggers first payout

28 October 2016

• Pilot insurance programme covers Guangdong province against losses of up to USD 350 million from tropical cyclone and excessive rainfall • Guangdong, which is heavily exposed to natural disasters, is responsible for over USD 1 trillion of China's GDP • Innovative insurance uses meteorological data to allow faster payouts; super-typhoon Haima triggered first payout to the city of Shanwei less than a week after the disaster struck • Pilot was developed in response to the Chinese Central Government's imperative of building a natural catastrophe insurance system • This is one of the two largest natural disaster protection schemes ever established in China; with Guangdong closely following the one for Heilongjiang province announced in early August 2016

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Swiss Re Corporate Solutions and Bradesco Seguros launch joint venture to create leading commercial large-risk insurer in Brazil

Swiss Re Corporate Solutions and Bradesco Seguros launch joint venture to create leading commercial large-risk insurer in Brazil

13 October 2016
Technology driving long-term transformation of the insurance industry; price levels expected to stabilise

Technology driving long-term transformation of the insurance industry; price levels expected to stabilise

12 September 2016
Demand for customised reinsurance and insurance solutions is growing, Swiss Re sigma says

Demand for customised reinsurance and insurance solutions is growing, Swiss Re sigma says

12 September 2016
Swiss Re remains insurance industry leader in sustainability, according to 2016 Dow Jones Sustainability Indices

Swiss Re remains insurance industry leader in sustainability, according to 2016 Dow Jones Sustainability Indices

08 September 2016
Preliminary sigma estimates for first-half 2016: natural catastrophes drive global insured losses to USD 31 billion

Preliminary sigma estimates for first-half 2016: natural catastrophes drive global insured losses to USD 31 billion

18 August 2016
First parametric insurance programme against risks of natural disaster for farmers in China

First parametric insurance programme against risks of natural disaster for farmers in China

04 August 2016
A comeback for mutual insurance? Swiss Re sigma report investigates

A comeback for mutual insurance? Swiss Re sigma report investigates

02 August 2016
Swiss Re reports solid half-year net income of USD 1.9 billion amid continued difficult market environment

Swiss Re reports solid half-year net income of USD 1.9 billion amid continued difficult market environment

29 July 2016