More and more governments are leveraging private insurance skills and the growing capacity of the sector to cover catastrophe losses as well as a wide range of other risks, Swiss Re reveals in its latest sigma research publication.Read more
Owing to exceptionally high costs for natural catastrophes, Munich Re posted a consolidated loss of â‚¬948m for the first quarter of 2011 (previous year: profit of â‚¬485m). Despite this quarterly loss, Munich Re still expects to record a profit for the current financial year.Read more
Swiss Re estimates claims costs of USD 1.2 billion, net of retrocession and before tax.Â
Estimates subject to high degree of uncertainty due to complexity of loss assessment.
The Essential Guide to Reinsurance has been published by Swiss Re. The Guide will be very useful to understand the working of Reinsurance practice and help you to get useful insights.Read more