S
S

SwissRe

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Global reinsurers see inflation, war driving higher rates

By Miranda Murray and Carolyn Cohn BERLIN/LONDON, Sept 12 (Reuters) - Global geopolitical tensions, high inflation and climate change have heightened demand for risk protection and will lead to increased premiums, top reinsurers said at the industry's annual gathering in Monte Carlo. Reinsurers insure the insurers and have been pushing up premiums in recent years as they have faced higher losses.
H
S

Swiss Re swings to Q1 loss, hurt by Ukraine war reserves

* Volatile markets hurt investment results * Pandemic weighs on life and health division * Loss smaller than expected (Updates with details, bullets) FRANKFURT, May 5 (Reuters) - Swiss Re SRENH.S swung to a smaller-than-expected loss in the first quarter, the reinsurance company said on Thursday, as it set aside reserves due to the war in Ukraine and volatile markets hurt investments.
S

Allianz, Swiss Re join other financial firms in turning from Russia

* Allianz says stopped insuring new business in Russia * Swiss Re says not renewing business with Russian clients * Europe's securities regulator says ensuring orderly markets * Deutsche changes position late on Friday * FTSE Russell ejects four UK-listed, Russia-focused stocks By Tom Sims, Simon Jessop and Paul Arnold FRANKFURT/LONDON/ZURICH, March 14 (Reuters) - Allianz ALVG.DE and Swiss Re SRENH.S said on Monday they were cutting back on Russian business as European financial institutions tur
D
G
H
P
A
A
S
Z
U
A

Climate change 'steroid' contributed to $130 bln in insured losses last year-Aon

LONDON, Jan 25 (Reuters) - Climate change played a part in insured losses from natural catastrophes that totalled $130 billion globally in 2021, the fourth-highest on record, broker Aon said in a report on Tuesday. Economic losses - the combination of insured and uninsured losses - reached $343 billion, Aon said in the report which it publishes annually.
S
A

Natural disasters cost insurers $120 billion in 2021, Munich Re says

* Second-most costly year * Tally is higher than Swiss Re estimate in December * U.S. accounts for high portion of losses * Climate change to result in more extreme weather By Tom Sims and Alexander Hübner FRANKFURT, Jan 10 (Reuters) - Marked by devastating hurricanes and cold snaps in the United States, 2021 proved the second-most costly year on record for the world's insurers, Munich Re said on Monday, warning that extreme weather was more likely with climate change.
S

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.