Climate risk to drive property premiums and cat losses much higher: Swiss Re

Global reinsurance company Swiss Re expects that property and casualty (P&C) insurance premiums will grow considerably over the next two decades, with a near doubling expected. Climate risk will be a major driver of this, resulting in a significant boost to new property P&C premiums written, but also to expected insured natural catastrophe losses. Overall, … Continue reading Climate risk to drive property premiums and cat losses much higher: Swiss Re