by AIP Online Bureau | Dec 17, 2025 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Balz Grollimund, Swiss Re’s Head Catastrophe Perils, says: “We are observing a steady rise in losses from severe convective storms. Urbanisation in hazard-prone areas, rising asset values, higher construction costs and factors such as ageing roofs have...
by AIP Online Bureau | Sep 2, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology
The 2025 Global Modeled Catastrophe Losses Report notes a $32 billion increase in non-crop global modeled insured AAL over 2024, which reflects the upward trend in catastrophe losses experienced on a global scale. Over the past five years, insured losses have averaged...
by AIP Online Bureau | Mar 22, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
This reaffirms the trend of a 5–7% average annual increase in insured losses over the past three decades, reveals Swiss Re’s latest sigma report “The magnitude of losses in 2022 is not a story of exceptional natural hazards, but rather a picture of growing...
by AIP Online Bureau | Aug 3, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance
Martin Bertogg, Head of Catastrophe Perils at Swiss Re Floods in South Africa as well as in India, China and Bangladesh further confirm the growing loss potential from floods in urbanized areas globally Martin Bertogg, Head of Catastrophe Perils at Swiss Re, said:...
by AIP Online Bureau | Mar 30, 2022 | Articles, Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography
Sigma records show that flooding is by far the most frequently occurring natural peril. In the past decade, there were approximately three times as many major flood events as tropical cyclones Yet, Swiss Re Institute finds that over the past decade, only 5% of severe...
