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Swiss Re tackles longevity drug impact with life policy advice

Swiss Re tackles longevity drug impact with life policy advice

by AIP Online Bureau | Aug 13, 2025 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management

Metformin, traditionally used to manage type 2 diabetes, and rapamycin, an immunosuppressant developed for organ transplant recipients, are part of a growing list of substances being explored for anti-aging purposes, Swiss Re said. In some cases, the medications are...
Swiss Re tackles longevity drug impact with life policy advice

Wildfires and severe thunderstorms in the US drive global insured losses to $80 billion in first half of 2025

by AIP Online Bureau | Aug 6, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The wildfires that swept through parts of Los Angeles County in January constitute the largest-ever insured wildfire loss event by far, resulting in estimated insured losses of USD 40 billion. Zurich: Global insured losses from natural catastrophes reach USD 80...
Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re

Secondary perils emerging as a big opportunity, Need data and good models to deal with them, says Swiss Re

by AIP Online Bureau | Jun 24, 2025 | Intermediaries, Non-Life, Reinsurance, Risk Management

Beat Strebel,CEO, China, Swiss Re These lesser understood risks are increasingly becoming a source of insurance payouts as extreme weather events lead to billions in economic losses. Traditionally, reinsurers — which provide coverage to insurance companies — haven’t...
Extreme heat kills half a million people globally each year, says Swiss Re

Extreme heat kills half a million people globally each year, says Swiss Re

by AIP Online Bureau | Jun 12, 2025 | Eco/Invest/Demography, Health, International News, Non-Life, Reinsurance, Risk Management

Jérôme Haegeli, Swiss Re’s Group Chief Economist “Extreme heat used to be considered the ‘invisible peril’ because the impacts are not as obvious as of other natural perils,” says Jérôme Haegeli, Swiss Re’s Group Chief Economist....
Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

Swiss Re profit rose 18 % to $1.3 billion in Q1 despite California wildfires

by AIP Online Bureau | May 16, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The result “gives us confidence in our 2025 targets despite a challenging environment,” Chief Executive Officer Andreas Bergersaid in a statement on Friday Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive...
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