Tag: Swiss Re

Specialty insurance classes pose some of the most intricate pricing challenges in the insurance industry. Their rapidly evolving dynamics, coupled with their long-term nature, demand prices capable of standing the test of time. Gathering sufficient data for these specialty lines often proves difficult due to the nascent stage of many of these books and the inherent complexities in data collection.

Swiss Re, a leading global reinsurance company, together with Swiss Re Institute, its research arm, recently published an extensive report examining the state of the Reinsurance Property Catastrophe (CAT) market.

Global reinsurer Swiss Re has teamed up with Britam and Oxfam to launch an index-based flood insurance solution in Kenya to protect small-scale farmers.

Swiss Re Reinsurance and Des Moines-based InsurTech Benekiva, have formed a strategic partnership to develop an end-to-end digital claims management solution.

Swiss Re, Guy Carpenter & ICEYE have teamed up to deliver a pilot parametric flood insurance programme for New York City neighbourhoods.

Swiss Re has reported that natural disasters resulted global economic losses of $275bn in 2022, of which $125 billion were covered by insurance, reaffirming a trend of 5-7% annual increases.

CompScience Insurance Services has entered a managing general agent (MGA) agreement with Nationwide and Swiss Re to underwrite, bind and service workers’ compensation policies.

Analysts at Swiss Re have predicted that although inflation is easing in 2023, many cost pressures will still underpin elevated claims.

Luminar, a leading global automotive technology company, has partnered with Swiss Re to launch an insurance programme to improve driver safety.

Swiss Re, provider of reinsurance and insurance, has appointed Velina Peneva as group chief investment officer and member of the group executive committee.