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Swiss Re Institute
Where rising interest rates will lead insurers in 2022-23
July 15, 2022 by Alyssa DiSabatinoEconomic slowdown and high inflation will weigh down insurance market growth in 2022-23, primarily affecting property and auto insurers; still, rising interest rates may actually be a silver lining for insurers, Swiss Re Institute’s latest sigma report notes. Swiss…
Global premiums up in 2016, growth lower but outlook still positive: Swiss Re
July 5, 2017 by Canadian UnderwriterThe 3.7% increase in global insurance premiums on the non-life side in 2016 was driven by expansion among the emerging countries and exceptional performance in China, although growth weakened in advanced economies, Swiss Re Institute suggests in its latest sigma…
Global insured losses from disasters up 42%, economic losses almost double in 2016 over 2015: Swiss Re
March 28, 2017 by Canadian UnderwriterBoth economic and insured losses from natural catastrophes and man-made disasters in 2016 were the highest since 2012 – reversing a four-year downtrend – amounting to US$54 billion and US$175 billion, respectively, notes the latest sigma study from the Swiss…
Companies can come to grips with cyber risk, government back-stop may be needed for certain risks: Swiss Re
March 1, 2017 by Canadian UnderwriterConcern about cyber resilience is on the rise – as are the potential costs associated with attacks – but insurers and companies should understand steps can be taken to manage the risk, suggests the latest sigma report from Swiss Re…