- Swiss Re anticipates growing reinsurance demand due to natural catastrophe risks, economic instability, and geopolitical issues.
- The US litigation environment is a concern, with rising large court verdicts.
Mon Sep 09 04:23:09 -0000 2024 UTC– Swiss Re anticipates higher demand for reinsurance due to increased risks in property, specialty lines, and casualty, focusing on refined data, capital management, and protection against natural disasters.
The company highlights growing demand in property, engineering, and cyber re/insurance, but expresses concern over the escalating US litigation environment.
Effective risk assessment, volatility management, and value-added solutions are crucial in the uncertain economic landscape. The company emphasizes the importance of accurate data, forward-looking risk scenarios, and structured reinsurance solutions for capital efficiency.
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