by AIP Online Bureau | Jun 24, 2022 | Articles, Non-Life, Reinsurance, Risk Management, Technology
Though the uninterrupted historical downward trend in air travel accidents,is likely to continue and so reduce the frequency of claims for insurers, claims severity has gone in the opposite direction, as aircraft become increasingly valuable due to growing complexity...
by AIP Online Bureau | Jun 16, 2022 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management, Technology, Workplace/Employee Benefits
The security of the new digital financial economy is also facing new risks. With quantum computing, for example, a new generation of computers is on the verge of completing tasks far beyond the reach of current machines These hyper-smart technologies offer significant...
by AIP Online Bureau | Apr 28, 2022 | Articles, Eco/Invest/Demography, Non-Life, Policy, Reinsurance
Jerome Haegeli,Swiss Re Group chief economist Stagflation is fully back on the radar and we now need to be particularly disciplined. 2022 will be a challenging year for insurers with both sides of the balance sheet under pressure” Swiss Re Group chief economist...
by AIP Online Bureau | Apr 16, 2022 | Eco/Invest/Demography, International News, Reinsurance
Sergio Ermotti, chairman, Swiss Re ISS recommended shareholders oppose the reappointment of Ermotti as a “signal of concern” over the lack of gender diversity on the reinsurer’s board. Ermotti told shareholders in a webcast that “abilities and experience” are also...
by AIP Online Bureau | Apr 14, 2022 | International News, Reinsurance
The transaction, which covers underwriting risks across the entire Swiss Re Group, is the first of its kind to combine both bank financing and insurance-linked securities Zurich: Swiss Re has successfully closed an innovative multi-year stop-loss transaction, with...