Global natural catastrophes cost insurers $50 billion in the first half of 2023, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, ...
Systemic shocks related to the recent pandemic, the war in Ukraine, natural catastrophe losses and elevated inflation have raised questions about reserve adequacy for property/casualty insurers, ...
Farmers Insurance announced that Kevin Yoo will join the organization as chief claims officer effective July 12.
Yoo has an extensive ...
After 15 consecutive quarters of lagging premium growth in commercial lines, personal lines became the main driver again, according to a Swiss Re report released last week. According to the ...
Climate change is the cause of a key emerging risk identified by Swiss Re's SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping ...
Inadequate valuation of physical assets in property policies results in a shortfall in premium collected, which in turn hinders the ability to rebuild fully after a ...
Swiss Re is quitting the world's main climate alliance for insurers, joining a growing exodus from the coalition of some of the industry's biggest companies.
While the January reinsurance renewals proved to be the toughest and most grueling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much ...
Swiss Re swung back to a first-quarter profit, reporting net income of $643 million compared with a loss of $248 million for the prior-year period.
A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is seeking 5.1 million pounds ($6.3 million) in ...