Presented by Swiss Re Corporate Solutions
If you have decided that an international program is the right option for you, the next step is getting your program structured and implemented. Working with your insurance providers and broker, you will look at designing a program structure which helps you achieve your business goals. But what are the steps that you’ll need to go through?
Presented by Swiss Re Corporate Solutions
With a corporate landscape increasingly shifting from physical to intangible assets as well as ever more interconnected supply chains, conventional insurance programs often struggle to protect businesses adequately, leaving painful gaps in cover.
By: Daisy Ning, Head Life & Health Reinsurance APAC ex. China, Swiss Re
This article was published here: Fostering an inclusive Life & Health insurance landscape in APAC | Swiss Re >
By: Andreas Berger, Chief Executive Vice President, Swiss Re Corporate Solutions
This article was published here: A world in turmoil demands digital transformation and cooperation | Swiss Re >
"The green bond market still accounts for less than 2% of the value of the global bond market: it is far too small. Stronger action is needed on reducing barriers to investment and international convergence on the taxonomy for climate and green investments." Jerome-Jean Haegeli, Swiss Re Group Chief Economist
Ongoing global crises will renew focus on “real” economy issues. Insurers can help maintain resilience as a new world order takes shape for instance by providing businesses with protection against earnings volatility as operating conditions change, and as investors in a sustainable future.
The world economy regained macroeconomic resilience in 2021, benefiting from the cyclical rebound from the COVID-19 crisis and rising long-dated interest rates during the year. However, we estimate that the resilience lost in the 2020 COVID-19 crisis will only be recouped this year, and any economic deterioration in the coming months may throw the recovery off course.
The global economy is slowing sharply and inflation is at multi-decades highs: we anticipate what we call "inflationary recessions" in many major economies over the next 12-18 months. Central banks are hiking interest rates, targeting price stability over economic growth. In our view, this is a notable positive to the current challenging conditions, on two fronts. It will help ward off 1970s-style stagflation. It also signals the end of the era of financial repression. For insurers, rising interest rates are a silver lining with investment returns set to improve.
Read blog post from Swiss Re Group Chief Digital & Technology Officer, Pravina Ladva:
Every company that uses digital solutions relies on digital trust to engage with customers. If customers don’t trust the digital interactions with your company, you likely won't be in business for too long. But when you look deeper into what actually drives digital trust, you don't find a simple answer, and some of the common assumptions about digital trust turn out to be wrong.
Flood was a common factor among the major global loss events of 2021, and a peril risk managers and the industry should pay close attention to going forward, according to the latest sigma report from the Swiss Re Institute.
Overall, natural and man-made disasters in 2021 resulted in global economic losses of USD $280 billion, the sixth highest on sigma records. Insurance covered USD $119 billion, the fourth highest on record.
