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According to preliminary sigma estimates, total insured losses for the global insurance industry from natural catastrophes and man-made disasters reached an estimated USD 70 billion in the first half of 2011. Read more
Swiss Re published a study,Mortality Protection Gap: Asia-Pacific 2011, which finds that the aggregate mortality protection gap across 12 Asian markets expanded significantly from USD 16 trillion in 2000 to USD 41 trillion in 2010, representing an average growth of 10% per year. Read more
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
Hong Kong, 13 January 2011 – Swiss Re’s economist predicts sustained strong growth in Asia’s insurance industry in 2011, with emerging markets continuing to outpace mature markets. Life and non-life insurance premiums in emerging Asia grew strongly by Read more
Reinsurance giant Swiss Re is looking for an Indian partner for its proposed venture into life and health insurance . The group is also keen on developing a market for its insurance-related offerings, which include agricultural cover and capital management solutions to help companies fund their new business strain.