Climate change fueling rise in property insurance premiums
Rise in annual premiums for property insurance due to climate changes will reinforce long-term shifts driven by urbanization and emerging economies.
Swiss Re reports $878 million loss driven by the pandemic effect
Swiss Re Group, the reinsurance company, reported a net loss of US $878 million for 2020. The company’s net income rose to $2.2 billion from $727 million in 2019, but that is exc
Pandemic has left insurers struggling to meet claims, says Swiss Re
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