by AIP Online Bureau | Dec 7, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, Intermediaries, International News, Non-Life, Reinsurance
Jérôme Jean Haegeli,Chief Economist, Swiss Re A high number of low-to-medium-severity events will aggregate to insured losses of more than USD 100 billion in 2023 Jérôme Jean Haegeli, Swiss Re’s Group Chief Economist, says: “The cumulative effect of...
by AIP Online Bureau | Nov 16, 2023 | Health, International News, Non-Life, Reinsurance, Technology
Swiss Re’s extensive learnings emphasize the significance of digital Electronic Health Records (EHRs) for quicker and more accurate underwriting decisionsEHRs could replace Attending Physician Statements (APS) in nearly 50% of cases that originally relied on APS...
by AIP Online Bureau | Oct 11, 2023 | Articles, Eco/Invest/Demography, Non-Life, Reinsurance, Risk Management, Technology
South Korea came out on top of the Swiss Re’s Insurance Digitalisation Index, followed by Sweden, Finland and the US. While advanced markets with strong physical infrastructure and high internet access rates have made most progress in digitalising their...
by AIP Online Bureau | Aug 26, 2023 | International News, Non-Life, Reinsurance, Workplace/Employee Benefits
Ms. Sommer was awarded 1.29 million pounds in a ruling published on Thursday, which the tribunal said was for “injury to feelings, personal injury and aggravated damages” and other financial losses, including the loss of a bonus in 2021 London: A former Swiss Re...
by AIP Online Bureau | Aug 9, 2023 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
Severe convective storms – storms associated with thunder, lightning, heavy rain, hail, strong winds and sudden temperature changes – caused USD 35 billion (nearly 70%) in insured losses worldwide in the first half of 2023. This means that insured losses are almost...
