News - Markets & trends



New opportunities for Russian insurers in ESG

ESG and sustainability have gained huge attention within Russian media and politics in recent months, argues Gepa Jansen, Operational Leader Team Russia & CIS at Swiss Re in the following article. Read her opinion oin the opportunities that ESG brings to the Russian insurance market.

New Care Models: Insurers to move to a business model developing longstanding partnerships with customers as well as players in the health and care ecosystem

The last report "New Care Models: How insurers can rise to the challenge of older and sicker societies", which is a product of the Health & Ageing work stream of The Geneva Association, co-sponsored by Thomas BUBERL, CEO of AXA, and Michel KHALAF, CEO of MetLife, explores innovations in the planning, purchasing and delivery of health services.

Aon: German and Chinese insurers confronted with the costliest natural disasters on record

Extreme precipitation in mid-July resulted in the costliest European flooding event on record, and the deadliest in nearly 30 years, reads the Global Catastrophe Recap report released by Aon. Only in Germany, the official death toll listed at 197, while direct damage was anticipated at about USD 20 billion, of which up to USD 6.5 billion insured losses.














Climate change-related litigation is a truly global phenomenon

A new report that provides an analysis of the climate change litigation landscape, aiming to better define the boundaries of this growing global phenomenon and further understand its development and impact has been issued by The Geneva Association, in collaboration with leading legal experts.

Swiss Re: global insured losses in 2020 were USD 89 billion, sigma reveals

Natural catastrophes in 2020 caused global economic losses of USD 190 billion. In GDP normalised terms, losses rose 1.6% between 1970-2020 on a 10-year moving average basis. For insurance, the losses in 2020 were USD 89 billion, making it the fifth-costliest year on sigma records since 1970.