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SSREY News and Press, Swiss Re Ltd. ADR From 07/22/21

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Company Name: Swiss Re Ltd. ADR
Stock Symbol: SSREY
Market: OTC

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SSREY - ETG: 5.97% Distribution Yield, Shares Climbing Higher

ETG was one of my first CEF purchases; I haven't regretted it since. The fund has global exposure and is classified as a hybrid; however, it holds mostly equities. With the fund's Q1 2021 update, we see that the fund has become just a bit more global as their U.S. allocation was p...

SSREY - Global Insured Disaster Losses Estimated $42bn For H1 2021: Aon

Aon estimates that natural disaster cost the global economy around $93 billion in the first-half of 2021. Aon’s data comes from a minimum of 163 natural disaster events that occurred in H1 2021, which was below the 21st Century average (191) and median (197). In terms of lo...

SSREY - Travelers Cat Losses Slow, But Aggregate Reinsurance Still On-Watch

US primary insurer Travelers has reported lower catastrophe losses for the second-quarter of 2021. By the end of Q1, Travelers had accumulated some $915 million of qualifying losses towards the aggregate retention of its reinsurance. Travelers has still reported on Tuesday a furth...

SSREY - Australia's Cyclone Seroja Leaves A$434m Insurance Industry Loss

Tropical Cyclone Seroja, which impacted Western Australia earlier this year, is initially estimated to have caused a A$434 million industry loss for the insurance and reinsurance market, according to PERILS. The Western Australia region has not experienced a comparable insured loss ev...

SSREY - 102 'Top Dividend Stocks On Earth' July Update

Kiplinger "insights for investors" online, first listed 91 "Top Dividend Stocks From Around The World" 7/13/20. Two recent Kiplinger articles provided 102 Top Dividend Stocks on Earth as of 7/1/21. 39 European “Dividend Aristocrats,” show 10 years of stable or increasing...

SSREY - Inflation To "Sharply Increase" Hurricane Claims Costs, Warns Swiss Re

Swiss Re has warned that insurance and reinsurance firms will face increased indemnity costs after land-falling hurricanes in the United States this year, as inflationary factors are set to drive claims amounts higher. Overall, economic conditions are increasingly tipping towards infl...

SSREY - Claims Paid On Feb M7 Fukushima, Japan Earthquake Pass $1.62bn

The $1.62 billion of insurance and reinsurance market losses from this earthquake is now far above where estimates had sat after the event. The latest data shows that as of May 14th 2021, 259,525 claims had been filed from this earthquake event, with 216,638 settled and 176,402 paymen...

SSREY - May Hail Drives Allstate's Pre-Tax Q2 Catastrophe Losses To $757 Million

Severe weather and hail storms are the key drivers of May’s catastrophe toll, with two large hail events responsible for roughly 60% of Allstate’s May catastrophe losses. May was a much less severe month for Allstate, in terms of catastrophe losses, than April, when the ...

SSREY - Reinsurance Rate Momentum To Persist, Albeit Slower Paced: Moody's

Moody’s noted that the past five hurricane seasons (2016-2020) have all seen reasonably high activity levels when it comes to Atlantic hurricanes. The rating agency believes positive reinsurance price movements will be seen in January 2022. Moody’s Investors Service ...

SSREY - Japan Rainfall, Typhoon Haishen, January Snowfall Losses Near $2.3 Billion

Insurance market losses from some of the larger catastrophe events to strike Japan over the last year have risen, with the latest figures for the July 2020 extreme rains, September 2020’s typhoon Haishen and January 2021’s snowfall event combining to near US $2.3 billion. ...

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