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Reinsurers should reassess catastrophe exposure - S&P
18 August 2016The likelihood of reinsurers failing to break even in a calendar year is now twice as likely than in 2012, owing to firms' exposure to certain catastrophe events, according to a report by rating agency S&P.
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Natural disasters cause $68bn of losses in H1
18 August 2016A spate of thunderstorms in the US and Europe, and wildfires in Canada helped push the economic losses caused by natural disasters to $68 billion in the first half of 2016.
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Swiss Re unveils novel disaster insurance product for Chinese farmers
03 August 2016Swiss Re has agreed a reinsurance contract with China's Heilongjiang province and a local insurer, to protect farmers against financial losses caused by natural disasters.
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Deals of the Year 2016
23 March 2016As the renewables and other environmental markets mature, so they continue to innovate and break new ground.
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Weather Risk Management 2016: Swiss Re Corporate Solutions and Infigen Energy wind hedge
23 March 2016Swiss Re Corporate Solutions has repeated its success in the Weather Risk Management category – this time for a wind hedge in Australia.
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EF BRIEFS: Iberdrola, Munich Re, CoPower, Haringey Council Pension Fund, Swiss Re
25 January 2016MEAG, the asset management arm of Munich Re, has bought a 27MW solar farm in the UK from BayWa r.e.
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Politicians, business leaders propose 10-point action plan on global warming
24 November 2015A group of senior politicians and business leaders has called for action in ten key areas which, it believes, offer opportunities for "economically beneficial" action on climate change.
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Uninsured losses from natural disasters could reach $153bn annually, says Swiss Re
14 September 2015Annual global uninsured losses caused by natural disasters could increase to $153 billion, according to Zurich-based reinsurance giant Swiss Re.
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Natural catastrophes cause $33bn of losses in H1, says SwissRe
12 August 2015Natural catastrophes caused total economic losses of $33 billion in the first-half of 2015, although this was well below the $54 billion in the same period the previous year, according to Swiss Re's preliminary estimates.
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Natural disasters are major emerging risk, warns Swiss Re
21 May 2015Large natural disasters are among the top four 'high impact' emerging risks identified by Swiss Re, the global reinsurance company, in a recent report.