Swiss Re shares dropped 7.5 percent on Friday after the world's second-largest reinsurer announced a new profit target that fell short of market expectations.
The ...
"Verdicts on trial: The behavioral science behind America's skyrocketing legal payouts." Our international editor, Lisa Howard, captured some of the highlights of a recent report from Swiss Re with ...
The exponential growth of liability claims costs and social inflation in the United States is being driven, in part, by changing juror sentiment and shifts in societal norms, according to analysis ...
Lists published every hurricane season, adjusting the amounts of insurance losses for past events for inflation to current-dollar levels, give a misleading picture of the potential for a single event ...
Swiss Re tops the list of the world's 50 largest reinsurers as a result of its adoption of the IFRS-17 accounting standards, which also led to a shuffle among the top-tier reinsurers, according to AM ...
Global insured losses from natural catastrophes hit $80 billion in the first half of 2025, which is almost double the 10-year average between 2015 and 2024 and marks the fifth year in succession when ...
Global insured losses from natural catastrophes hit $137 billion in 2024, following the 5-7 percent annual growth rate that has been the norm in recent years, according to Swiss Re analysis. If this ...
Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with U.S. liability claims increasing by 57 percent during the past decade and nuclear verdicts rising in ...
While a $2.4 billion boost in loss reserves for the third-quarter will help Swiss Re's executives sleep better on a bigger cushion, across the industry, worsening trends in U.S. liability loss costs ...
Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than $100 million during 2023, according to a compilation published this year. Swiss ...