SSREY News and Press, Swiss Re Ltd. ADR From 08/19/21

The devastating earthquake that struck the Caribbean nation of Haiti on August 14th is only expected to drive insurance industry losses of around US $250 million, while we’re hearing some parametric contracts are exposed. The impact of the quake has been significant in the affe...

The reinsurance market and insurance-linked securities (ILS) capital providers, have long-needed to put a floor under rates, to ensure they are covering their outgoings over the longer-term. There is perhaps more reason than ever before for reinsurance capital providers to ensure...

Both Germany and China have experienced their most costly insured natural disaster loss events in history in July, with both largely related to the impacts of devastating flooding, according to insurance and reinsurance broker Aon. Germany is expected to face around US $20 billion in ...

Environmental, social and governance (ESG) discussion is often focused on the investment side of the insurance and reinsurance industry, also in insurance-linked securities (ILS). Investments can drive change more deeply into business strategies, as industries could find capital will ...

Munich Re has reported €1.106 billion of profit for the second quarter of 2021. The COVID-19 pandemic continued to hit the reinsurers' life and health results, adding €241 million of losses during the quarter. The reinsurer noted that its 92% combined ratio target fo...

My portfolio crossed the mark where I could lock in capital gains, switch decidedly to income stocks and retire today. That is, if these income stocks yield at least some 4.5%. Yield is easy to find, but can it be relied on? For further details see: High Yield And Low Co...

Storm Bernd struck Central Europe in July and caused most of its damage from flooding caused by a number of major rivers overflowing following extreme rainfall levels. Given Europe had faced more severe storms and floods in June as well and further storm activity in August, it likely ...

Analysts feel that reinsurance underwriters should be able to deliver higher margins on their underwriting portfolios, effectively a higher return per unit of risk written, because of this improved rate environment. If you think about the evolution of reinsurance over the last two dec...

Hannover Re reported a positive first half of 2021, as the reinsurance company continued to grow into the firmer market conditions. Major loss net expenditure fell to EUR 325.9 million, down from H1 2020’s EUR 737.0 million, which was below the budgeted level of EUR 476 million...

Assets under management at the largest dedicated insurance-linked securities specialist manager, Nephila Capital, rose to $9.8 billion after the second quarter of the year, while revenues reported for the period were almost flat with the prior year. For Q2 2021, Nephila Capital recogn...