Reinsurance News
Swiss Re news
News on one of the world’s largest reinsurance companies Swiss Re.
Swiss Re is a leading global reinsurance company and our news covers its announcements, people moves, results and financial performance, as well as analysis of reinsurance market trends and interviews.
Waymo shows 90% fewer claims than advanced human-driven vehicles: Swiss Re
24th December 2024
According to a recent Swiss Re study, the Waymo Driver is safer than both the general driving population and the latest human-driven vehicles equipped with advanced driver assistance systems (ADAS). The study compared Waymo’s liability claims to benchmarks for human drivers, using Swiss Re’s data from over 500,000 claims and 200 ... Read the full article
10-year Bund yield could rise 130 basis points by 2027 amid increased public spending, reports Swiss Re
24th December 2024
Loïc Lanci, Arnaud Vanolli, and Gioele Giussani, economists at Swiss Re Institute, a leading global reinsurer known for its expertise in risk management and insurance solutions, discuss the potential disruption to Europe's fiscal consolidation efforts due to geopolitical tensions and growth challenges in their December 2024 report. The authors argue that ... Read the full article
Swiss Re execs outline industry challenges and growth drivers for 2025
19th December 2024
Looking ahead to 2025, Swiss Re's Business Unit CEOs highlight that the re/insurance industry faces geopolitical instability, social tensions, and economic uncertainty—factors that could significantly impact the industry and potentially drive up claims. Additionally, losses from natural disasters continue to rise, with 2024 marking the fifth consecutive year that insured losses ... Read the full article
There is a big nat cat protection gap that the industry needs to address: Swiss Re CEO, Berger
18th December 2024
The financial impact of natural catastrophes remains a key topic across the insurance and reinsurance sector, with the past five years exceeding the USD 100-billion mark in terms of losses, but admittedly, there is a big protection gap that the industry needs to address, says Andreas Berger, Group Chief Executive ... Read the full article
Re/insurance market expected to remain constructive going forward: Swiss Re’s Baertschi
13th December 2024
The re/insurance market has remained consistent towards Swiss Re's 2025 financial targets, and the reinsurer expects the market to be constructive going forward, according to Urs Baertschi, P&C Reinsurance Chief Executive Officer, Swiss Re. Earlier today, the reinsurer revealed its financial targets for 2025, which included a Group net income ... Read the full article
Swiss Re eyes $4.4bn net income & leaner P&C CoR in 2025
13th December 2024
Swiss Re has revealed its financial targets for 2025, including a Group net income of more than $4.4 billion, and a Property & Casualty Reinsurance combined ratio of less than 85%. According to the global reinsurer, all business units are aiming for more ambitious targets compared with 2024. L&H Re aims ... Read the full article
Insured losses from nat cats to exceed $135bn in 2024: Swiss Re
5th December 2024
With the US enduring two major hurricanes and numerous severe thunderstorms in 2024, it has contributed to at least two-thirds of the estimated global insured losses for the year, which exceed $135 billion, according to a new report from Swiss Re. Hurricane Helene, which made landfall on the 27th of September, ... Read the full article
Wilhelm & Chaillet depart Swiss Re to launch insurance advisory firm Rift Partners
29th November 2024
Mario Wilhelm and Anthony Chaillet have left Swiss Re to leverage their combined experience across investments, re/insurance, and partnerships to establish insurance advisory firm, Rift Partners. The company aims to focus on expanding access to insurance solutions through collaborative partnerships by connecting stakeholders in the insurance ecosystem - including corporations, the ... Read the full article
Politics and policy dominates Swiss Re’s macro outlook for 2025
25th November 2024
Swiss Re's November 2024 Macro Outlook highlights the dominance of politics and policy, with key developments including its revision to US inflation and interest rate forecasts due to President-elect Trump's victory, increased UK policy rate and yield forecasts following the Autumn budget announcement, as well as concerns over potential US ... Read the full article
LatAm insurance growth projected to decelerate in 2025, Swiss Re Institute
21st November 2024
Latin American insurance growth is projected to decelerate in 2025, with total insurance premiums in the region expected to grow 3.8% in real terms, down from an estimated 7.6% in 2024, according to a new report from Swiss Re Institute. The firm explained that while non-life lines have benefited from hard ... Read the full article
Sustainable infrastructure remains ‘super attractive’ as an asset class for insurers: Swiss Re’s Haegeli
20th November 2024
Reinsurance giant Swiss Re still positions sustainable infrastructure as being "super attractive" as an asset class, despite it still not being deemed as being an official asset class, according to Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist. Speaking at Swiss Re's global economic and insurance market outlook event for 2025/26 ... Read the full article
Swiss Re forecasts life insurance premiums to rise 3% annually, fuelling global growth
19th November 2024
As per a new report from the Swiss Re Institute, total global insurance premiums are set to grow at 2.6% annually in 2025 and 2026, primarily driven by life insurance, which is forecast to expand by 3% per year, more than double the rate of the past ten years. The Swiss ... Read the full article
Cyber insurance growth slows, yet new opportunities emerge: Swiss Re
18th November 2024
Although the rapid growth of the cyber insurance market may be slowing, it continues to present a compelling growth opportunity, but looking ahead, this will be fueled by different drivers and regional variations, with small and medium-sized enterprises (SMEs) having the largest potential to address the existing cyber protection gap, ... Read the full article
Rate increases needed for ‘almost all lines’ exposed to social inflation: Swiss Re CFO, Dacey
14th November 2024
John Dacey, Chief Financial Officer (CFO) of reinsurance giant Swiss Re, has said that short-term, rates need to increase for almost all lines of business exposed to social inflation, as the industry continues to navigate the complex US liability landscape. Global reinsurer Swiss Re delivered a robust set of nine ... Read the full article
Reinsurance market set for constructive Jan 1 renewal season: Swiss Re CEO, Berger
14th November 2024
Speaking earlier today during Swiss Re's earnings call for the third quarter of 2024, Group Chief Executive Officer (CEO), Andreas Berger stated that given the current trends being seen across the reinsurance market, he expects 1.1 to be a constructive renewal season. During the call, Berger addressed the firm's starting position ... Read the full article
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