"In 2024, Swiss Re strengthened the foundations of its business while focusing on disciplined underwriting and cost efficiency. In the current heightened risk environment, our increased resilience allows us to continue to provide peak risk capacity…
"We can look back on a very successful 2024 financial year, in which we grew steadily and generated a very pleasing Group profit. With the planned dividend increase, we are living up to our commitment to continuously grow the ordinary dividend…
"As the Chief Underwriting Officer for Corporate Solutions, Kera has been instrumental in improving costing accuracy and significantly enhancing portfolio management discipline and processes. I'm very pleased to welcome Kera to Swiss Re's Group…
"Our focus in 2024 was on profitability and resilience. Our results for the period reflect this and show that we are on the right track: we have delivered strong net income and ROE, while achieving our goal of positioning overall P&C reserves…
"With a net result of €5.7bn, we’ve increased our annual profit by more than €1bn year on year. Munich Re’s profit growth has been truly substantial and sustained in the context of our five-year Ambition 2025 strategy programme, which we’ll…
“I would like to thank René for leading the Agriculture line with such expertise and dedication over the past 20 years, and to wish him all the very best in his well-deserved retirement. René's key contributions have been instrumental to the…
"SCOR’s involvement in this major project underscores our dedication to promoting renewable energy. By combining the Art & Science of Risk to protect societies and foster resilience, SCOR is contributing to a better, more sustainable future…
"We are delighted to welcome Holger Schaefer to SCOR Business Solutions as our new Global Head of Casualty & EIL. Holger's extensive experience in leading underwriting businesses and driving profitable growth will be invaluable as we continue…
“With her extensive industry experience, Arta is well-positioned to maximize the value of SCOR’s Aviation reinsurance portfolio, leveraging our existing team and our Tier 1 global franchise. I look forward to working with Arta and wish her every…
“One record-breaking high after another - the consequences are devastating. The destructive forces of climate change are becoming increasingly evident, as backed up by science. Societies need to prepare for more severe weather catastrophes,"…
"Much of this increasing loss burden results from value concentration in urban areas, economic growth, and increasing rebuilding costs. By favouring the conditions leading to many of this year's catastrophes, climate change is also playing an…
"Enhancing the overall resilience of the Group has been a key priority for the management team. With the decisive actions in the third quarter, which follow a comprehensive review, we have reached our goal of positioning overall property and…
“We are pleased to announce today the completion of the 2024 L&H assumptions review, with an outcome close to our best estimate view of H1 2024. The very comprehensive review allows us to draw a line and move forward with confidence," says Thierry…
"Investments in climate adaptation, such as flood preparedness, not only promote economic stability and create jobs, but also help keep people safe. Yet there is chronic underfunding. It is therefore crucial to create the conditions for private…
Insurance Biz is a New Africa Busines News Services (NABNS) publication launched in 2013 to focus on the insurance industry, investments, financial planning, employee benefits etc. It remains a great resource of news for industry professionals, and for those who seek to learn about the financial sector developments.
Subscribe to our weekly newsletter to get the latest insurance and economic news in SA.
Insurance Biz proudly displays the "FAIR" stamp of the Press Council of South Africa, indicating our commitment to adhere to the Code of Ethics for Print and online media which prescribes that our reportage is truthful, accurate and fair. Should you wish to lodge a complaint about our news coverage, please lodge a complaint on the Press Council's website, www.presscouncil.org.za or email the complaint to enquiries@ombudsman.org.za. Contact the Press Council on 011 4843612.
© Insurance Biz 2008-2025
