The Latest Breaking News from Swiss Re

In a year set to be declared the hottest on record, natural disasters caused $310 billion in economic losses globally in 2024, as climate change increasingly takes its toll, Swiss Re said Thursday.

Experts in economics, insurance and risk say both hurricanes are likely to be in the pantheon of super-costly $50 billion disasters

Global natural catastrophes will pass the $100 billion threshold for the 4th consecutive year

Insured losses from natural catastrophes will pass the $100-billion threshold for the fourth year running in 2023, reinsurance giant Swiss Re said Thursday.

Lloyd’s of London, Zurich and Swiss Re among top 10 insurers of largest US coalmines, study finds

Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time as climate change contributes to the frequency and severity of violent meteorological events

The intelligence community and the insurance industry have named global warming as a top threat

As both the intelligence community and the insurance industry name global warming as a top threat, U.S. states give aid and comfort to the enemy.

Over recent months there has been an orchestrated pushback against investors and insurers who integrate the risks of climate change into their business models. That pushback – emanating from Republican-led states – is having an impact on how companies speak publicly. But whether it will affect their efforts to respond…