Swiss Re warns about demographic tipping point in next decade
The over-65 population will soon outnumber the 30-59 age group, requiring new insurance products and a rethinking of the intergenerational contract.
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Reinsurance and insurance-based risk transfer provider
swissre.comLast updated
In short: Swiss Re achieved a USD 1.5 billion Q1 net income while warning of slowing global premium growth and rising natural catastrophe risks.
The over-65 population will soon outnumber the 30-59 age group, requiring new insurance products and a rethinking of the intergenerational contract.
Group net income reaches USD 1.5 billion. Pays out USD 8.9 billion in claims to enhance client and community resilience.
Group ROE is 23.6%, supported by strong investment income and low catastrophe losses. P&C, Corporate Solutions and L&H Re all improved results.
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Swiss Re shares show clear fundamentals after the latest report. Swiss Re reports...
The experts at reinsurer Swiss Re expect slowing growth in the global insurance industry.
For weeks now, the dividend-rich shares of Swiss Re have been tending to weaken. Speculations are now being voiced in stock market circles. The cash Insider puts these into perspective.
Investors are throwing shares onto the market like crazy. Are bad numbers imminent? Are short-sellers at work - as with Partners Group?
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