Swiss Re

Jefferies has downgraded Swiss Re from "Hold" to "Underperform" and cut the price target from 130 to 110 francs. The analysts warn of further falling prices in the reinsurance business, which are likely to accelerate and hit revenues harder than previously expected. Share buybacks offer only limited support, while a track record weaker than peers is likely to further pressure the valuation; the stock fell intraday about 1.9% to CHF 144.40. » Mere på finanzen.net

Swiss Re warns that extreme weather in Europe is increasingly causing catastrophe losses and estimates the insured losses from the late‑August hail event in Switzerland at over 1.7 billion francs, of which around 800 million are for motor vehicles. Northern Italy also recorded high hail losses this summer. Swiss Re also highlights sharply rising wildfire losses due to heat and drought and warns of interconnected risks to infrastructure, energy supply and logistics chains. Swiss Re shares were slightly up on the day. » Mere på finanzen.net

Swiss Re calls wildfires the fastest-growing weather risk worldwide and reports that insured losses in Europe have increased by an estimated 8–11% per year over recent decades. The company points to costly events such as the California fires in early 2025 and also sees rising demand for reinsurance protection from the boom in AI data centers; Swiss Re estimates premium potential in this area at up to $91 billion by 2030. The stock reacted with price declines in trading. » Mere på finanzen.net

Swiss Re calls wildfires the fastest-growing weather risk globally and reports that insured losses in Europe have increased by an estimated 8–11% per year in recent decades. The company points to the devastating US wildfires in early 2025, which caused about $54 billion in economic losses, of which insurers had to bear roughly $40 billion. At the same time, Swiss Re expects rising demand for reinsurance from the construction of AI data centers and estimates potential premium income from that sector of around $91 billion by the end of the decade; reinsurance cover has become cheaper since early 2025, a trend likely to continue through 2027. » Mere på finanzen.net

Swiss Re reports that premiums for cyber insurance fell by about 5% in 2026, marking a decline for the fourth consecutive year. Globally, premiums dropped around 13% in 2025, creating a buyer’s market as supply exceeds demand. Swiss Re warns that AI is reshaping cyber risks and affecting both attacks and defenses, calls for clear policy coverages, and is closely monitoring technological and regulatory developments. For 2026 Swiss Re expects global premium volume of $16.4 billion and $17.1 billion for 2027, with North America accounting for roughly two-thirds of the market. » Mere på de.investing.com