- Bloomberg•27 days ago
Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product.
- AFP•27 days ago
An earthquake on Kyushu Island in Japan inflicted 2016's heaviest economic loss with a bill of up to $30 billion
- Reuters•last month
Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect farmers against floods or drought. "We feel very strongly that our ability to figure out solutions to the problems that our clients have means they will give us opportunities," the head of Swiss Re's core reinsurance business, Moses Ojeisekhoba, told Reuters in an interview. Reinsurers usually pool resources in syndicates to underwrite the risk taken on by front-line insurers.
SSREF: Summary for SWISS RE - Yahoo Finance
Swiss Re Ltd. (SSREF)
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|PE ratio (TTM)||9.03|
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