by AIP Online Bureau | Aug 4, 2023 | International News, Non-Life, Reinsurance
In its key property and casualty business, Swiss Re booked $634 million in large natural catastrophe losses in the first half from the earthquake in Turkey and Syria, Cyclone Gabrielle, and flooding in New Zealand. All are events that occurred in the first quarter...
by AIP Online Bureau | Jul 20, 2023 | Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
The transaction is Blackstone’s first indemnity catastrophe bond and covers named storms and earthquakes in the United States and Canada New York: Swiss Re Capital Markets has successfully structured and placed the issuance of USD 250 million of insurance-linked...
by AIP Online Bureau | Jul 12, 2023 | International News, Non-Life, Reinsurance
Jacques de Vaucleroy, vice chairman, Swiss Re After careful consideration, the reinsurer’s Governance and Nomination Committee under the lead of Joerg Reinhardt concluded that Jacques de Vaucleroy be proposed for election as the new Swiss Re Chairman at the next...
by AIP Online Bureau | Jul 10, 2023 | Eco/Invest/Demography, Health, Indian News, Life, Non-Life, Reinsurance
With $131 billion of total premium in 2022, currently, India is the 10th largest market in the world where US, China and UK are the top three largest markets India’s life insurance premium market, with a premium of $100 billion, that has grown by 8.2 per cent in...
by AIP Online Bureau | Jun 25, 2023 | Articles, Disaster & Management, Eco/Invest/Demography, Life, Non-Life
`We see the world economy today as in need of a sustained reload in resilience. The value of unprotected risk exposure globally has risen steadily in the past five years. We estimate about 43% of risk globally was unprotected by assets or insurance in 2022, improved...
