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 | Mar 7, 2023 | International News, Non-Life, Reinsurance
Philipp Rüede, Head of Swiss Re Alternative Capital Partners, said: “This deal also represents another important step on Swiss Re’s Alternative Capital Partners’ journey, where we are increasingly using alternative capital to address our wider...
by AIP Online Bureau | Feb 17, 2023 | International News, Non-Life, Reinsurance
“2022 was a challenging year, marked by the war in Ukraine, surging inflation, the tail end of the COVID-19 pandemic and elevated natural catastrophe losses. We have focused on addressing these challenges proactively,” Chief Executive Christian Mumenthaler...
by AIP Online Bureau | Jan 16, 2023 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance, Wealth Management/ Philanthropy
India will become the sixth largest insurance market in the world in terms of premium volume by 2032, up from 10th largest in 2021 Life insurance profitability in India to benefit from rising interest rates. Pandemic-related claims continued to impact life insurers’...
by AIP Online Bureau | Dec 20, 2022 | Articles, Eco/Invest/Demography
Jérôme Haegeli, Group Chief Economist “A slower and more cautious phase of the central bank policy rate hiking cycle has begun amid inflation peaking, financial stability concerns and inflationary recessions on the horizon. Still, the overall direction remains...
