Swiss Reinsurance News Monitoring

Swiss Re Wants to Increase Dividend Sharply

The Swiss reinsurer is turning the profit screw unter its new CEO. But shareholders can also expect significantly higher dividends over the next three years. Swiss Re is striving for more. In the coming year, the Swiss reinsurer aims to achieve a …

Swiss Re Targets Net Income of More Than US$4.4 billion for 2025

Swiss Re is targeting a net income of more than US$4.4 billion for 2025 and aims to grow the ordinary dividend per share by 7% or more per year over the next three years while maintaining its multi-year IFRS ROE target of more than 14%. “As we look ahead …

Re/insurance market expected to remain constructive going forward: Swiss Re’s Baertschi

The re/insurance market has remained consistent towards Swiss Re’s 2025 financial targets, and the reinsurer expects the market to be constructive going forward, according to Urs Baertschi, P&C Reinsurance Chief Executive Officer, Swiss Re. Earlier …

Swiss Re sets ambitious 2025 income and efficiency targets

Group chief executive officer Andreas Berger (pictured above) highlighted the steps taken in 2024 to strengthen the company’s position, including adjustments to property and casualty (P&C) reserves, progress on exiting the iptiQ business, and alignment …

Quantifying Social Inflation: How Swiss Re Developed an Index

Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers and their customers with the calculation of a new measure—a social inflation index. (Related article: US Nuclear Verdicts …

Natural Disasters Cause $310B In Economic Losses In 2024 -Swiss Re

The three reasons home-insurance bills are only getting worse

Your support helps us to tell the story From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our …

U.S. home-insurance bill keeps rising due to variety of reasons: WSJ

NEW YORK, Dec. 13 (Xinhua) -- Higher home-insurance rates are here to stay, while homeowners in many areas of the United States face an increasing risk of nonrenewals, reduced coverage and expensive policy conditions, from paying for a new roof to cutting …

Swiss Market Ends Marginally Down After Lackluster Session

After swinging between gains and losses, Swiss stocks closed slightly down on Friday with a few counters seeing some strong selling in the final hour. Investors largely made stock specific moves, reacting to corporate news. Disappointing economic data from …

Your home insurance blll has only one way to go: Up

Collin County in North Texas is the kind of place that delights developers and scares insurers. A magnet for Dallas commuters and thunderstorms alike, the county is home to four of the nation’s 10 fastest-growing cities and some of its worst weather. This …

Broadcom May Help Lead Early Rebound On Wall Street

The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to regain ground after moving mostly lower over the course of the previous session. The tech-heavy Nasdaq is likely to benefit from a surge by shares of …

European Shares Lackluster As UK GDP Shrinks Again

European stocks traded flat to slightly higher on Friday but were on track to snap a three-week winning streak, heading into the Federal Reserve meeting next week. Investors also await an announcement on the appointment of a new prime minister in France. …

UBS Wealth says Trump impact on green investments is 'overblown'

Strategists believe economic case is strong enough to win investment. It’s unlikely that the return of Donald Trump to the White House will undermine the case for green investments, according to UBS Group AG’s global wealth management arm. Despite a sudden …

Unlocking New Possibilities in Regulated Digital Assets: Insights from David Packham, CEO of Chintai

At the Hubbis Digital Assets Forum in Dubai on November 13, David Packham, Founder and CEO of Chintai, shared a comprehensive vision for the future of regulated digital assets. With a focus on transforming traditional finance through blockchain, Packham …

Property & casualty insurance trends to watch in 2025

Digital Insurance reached out to insurance professionals for comments related to trends in property and casualty (P&C) insurance. The use of technology, including artificial intelligence will expand in the P&C industry next year, the experts …

Swiss Market Ends Modestly Higher Ahead Of SNB Policy Announcement

The Switzerland market started off on a weak note on Wednesday, but recovered swiftly and kept edging higher as the day progressed to eventually close on a positive note with investors looking ahead to Swiss National Bank's interest rate decision on …

Costs Pile Up As Climate Change Adds $600 Billion In Insurance Losses

Cars are piled in the street with other debris after flash floods hit Valencia, Spain, on October ... [+] 30.Getty Images Human-caused climate change has accounted for a third of weather-related insurance claims made this century, the bill is rising …

Largest in Business: We reveal the biggest players in Slovakia

50 rankings in this article were grouped in the following sections: In this article, the names of all top-ranked companies are published. The detailed results with comprehensive information about all listed companies are available in the Largest in …

2024 sets record as planet’s hottest year

2024 is set to become the hottest year ever recorded, according to data from the Copernicus Climate Change Service (C3S). For the first time, global average temperatures have surpassed 1.5°C above pre-industrial levels—a critical threshold long associated …

(Video) U.S. Senators and Generals Advocate for Regime Change in Iran at Senate Gathering

Shaheen said," The importance of supporting the Iranian people’s right to self-determination, urging, “We must invest in democracy, human rights, and justice." PARIS, FRANCE, December 14, 2024 /⁨EINPresswire.com⁩/ -- The National Council …

TYRLC: Labour Minister Steven MacKinnon Once Again Disrespects Workers’ Rights and Undermines Canada

TORONTO, Dec. 14, 2024 (GLOBE NEWSWIRE) -- On Friday morning, instead of ordering that Canada Post deliver a fair deal to workers, Labour Minister Steven MacKinnon invoked Section 107 of the Canada Labour Code to unconstitutionally order over 55,000 postal …

VIRGINIA SPECIAL ELECTION TODAY STATE SENATE DIST 10

VA Senate District 10 Special Election! GOOCHLAND, VA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- TODAY is your opportunity to make your voice heard in the critical Special Election for Virginia Senate District 10. Shayne Snavely, a …

GraceFull Home™ Launches as Colorado’s Leading Non-Profit Furniture Bank for Denver-Area Social Service Providers

DENVER, CO, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- GraceFull Home™ is now a 501(c)(3) non-profit dedicated to transforming lives by turning excess community furnishings into comfortable homes for those exiting unhousedness, …

Kelly Carnes selected to be featured in IAOTP’s Top 50 Fearless Leaders Publication

Kelly Carnes honored member of the International Association of Top Professionals (IAOPTP) will be honored at their annual awards gala in Las Vegas NEW YORK, NY, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Kelly Carnes, President and …

New Paradigm Institute Issues Statement Regarding Ongoing Unidentified Craft Incursions

The New Paradigm Institute urges all citizens to take immediate action and demand transparency, accountability, and the truth. WASHINGTON, DC, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Today, the New Paradigm Institute issued the …

Women leading changes: The Women Leaders United Summit took place at the European Parliament in Brussels.

The summit highlighted the challenges Europe faces from the Russian-Ukrainian war, impacting regional security, stability, and economic development. BRUSSEL , BELGIUM, December 13, 2024 /⁨EINPresswire.com⁩/ -- On December 11, 2024, the European …

WOMEN’S MARCH FOUNDATION ANNOUNCES THE PEOPLE’S MARCH ON SATURDAY, JANUARY 18, 2025, IN DOWNTOWN LOS ANGELES

Together, we march. Together, we fight. Together, we lead. LOS ANGELES, CA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- The Women’s March Foundation is proud to announce The People’s March, set to take place on Saturday, January 18, …

Covid-19 in India and Sri Lanka: New Forms of Islamophobia

Are religious doctrinal differences primarily responsible for stoking intercommunal fear and hatred? What roles have state, sub-state, and transnational actors played in fomenting sectarian discord? And what could be done to avert sectarian violence; to …

U.S. Minority Business Development Agency Celebrates Capital Readiness Program Successes with NASDAQ Tower Display

NEW YORK CITY, Dec. 13, 2024 (GLOBE NEWSWIRE) -- On Thursday, November 21, 2024, the Minority Business Development Agency (MBDA) celebrated the achievements of the historic Capital Readiness Program (CRP) at the NASDAQ Tower in Times Square. Deputy Under …

NCLA Asks Supreme Court to Hear Case to Overturn “Petty-Offense Exception” to Jury-Trial Right

Washington, D.C., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Today, the New Civil Liberties Alliance and the Stanford Law School Supreme Court Litigation Clinic petitioned the Supreme Court to hear David Lesh v. United States. On behalf of Mr. Lesh, NCLA seeks to …

Dinwiddie Agrees to Richard Bland College’s Independence Governance

Dinwiddie County, Va. approves of and advocates for RBC's quest for independent governance. SOUTH PRINCE GEORGE, VA, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- Recently, the Dinwiddie County Board of Supervisors approved a …

EDITORIAL: Syria in the headlines; undermining the right to asylum in the background

By Catherine Woollard While Europe grappled with the momentous events in Syria, other developments this week may also have a lasting impact on refugees in Europe. As well as a heavy agenda at and in the margins of the Justice and Home Affairs (JHA) Council …

Retired Judges’ Amicus Brief Supports Judge Newman in NCLA Suit Against Her Suspension

Washington, D.C., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Six retired federal judges have filed an amicus curiae brief in Newman v. Moore supporting the unlawfully suspended Federal Circuit Judge Pauline Newman, who is represented by the New Civil Liberties …

The New York Times Cover Story Inspires ‘The Final Fight’, as Stein Balances Film Development and Community

The New York Time's cover story inspires ‘The Final Fight,’ a true tale of family, resilience, and redemption, now in development by Stein Entertainment Group. NEW YORK CITY, NY, UNITED STATES, December 13, 2024 /⁨EINPresswire.com⁩/ -- …

APEGA Names Paul Wynnyk, P.Eng., as New Registrar & CEO

Edmonton, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Association of Professional Engineers and Geoscientists of Alberta (APEGA) is pleased to announce that Paul Wynnyk, CMM, MSM, CD, P.Eng., has been selected as its new registrar & CEO (RCEO), effective …

Service Coordination, Inc. Announces Sarah Christa Butts as Vice President of Government Relations

FREDERICK, MD, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Service Coordination, Inc. (SCI) is pleased to announce Sarah Christa Butts, MSW as its new Vice President of Government Relations. In this role, she will lead SCI’s newly established Government Relations …

Capitol South Founder Marty Irby Named One of The Hill’s Top Lobbyists for 2024

WASHINGTON, D.C., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Marty Irby, founder and president of Capitol South, LLC, has been named one of The Hill’s Top Lobbyists for 2024, marking his fifth appearance on the prestigious list and solidifying his position as one …

OSCE builds Uzbekistan’s capacity in requesting electronic evidence across borders

On 4 December, the OSCE Transnational Threats Department, in co-operation with the OSCE Project Co-ordinator in Uzbekistan, hosted the second expert-level meeting on requesting electronic evidence across borders in Tashkent. The event centered on the …

OSCE supports Ukraine in preventing and combating illicit trafficking of weapons, ammunition and explosives

On 11 December, over 100 representatives of Ukrainian authorities, international organizations, diplomatic missions and civil society participated in the Second National Conference on Preventing and Combating Illicit Trafficking of Weapons, Ammunition and …