Natural Perils and Insurance
|
|
- Homer McDonald
- 5 years ago
- Views:
Transcription
1 Natural Perils and Insurance Quiz Question #1 Which floor in a high rise building should be avoided in an earthquake prone area? 1) First Floor 2) Third Floor 3) Top Floor 4) High rise buildings should be avoided at any cost Page 2 1
2 Kobe 1995 Page 3 Natural perils losses worldwide on the rise Annual insured losses from 1970 to 2006, in USD bn indexed to 2006 Page 4 Source: Swiss Re sigma 2
3 Quiz Question #2 How large is the insured loss of Hurricane Andrew in 1992? 1) USD 15bn 2) USD 23bn 3) USD 35bn Page 5 Increasing values in exposed areas Ocean Drive, FL, Ocean Drive, FL, Population Growth Rates Page 6 Period All US 57% 24% 13% Florida 223% 64% 24% 3
4 The largest loss potentials 110 Peak risks: Earthquake or storm In industrialised countries With high insurance density Page 7 Quake California Northridge Hurricane US+Carib. FHCF Katrina 2005 Insurance loss potentials in USD billions: 8 Daria Storm Europe Nat cat events (indexed to 2006) Loss potentials from events with a return period of 200 years (100 years for Hurricane North Atlantic) FHCF: Florida Hurricane Catastrophe Fund state-run JER: Japan Earthquake Reinsurance Scheme schemes Quake Japan Typhoon 20 Japan 8 Mireille JER Tapping into capital markets: Non-Life cat bonds outstanding USD bn 12'000 10'000 8'000 6'000 3'657 8'348 Page 8 4'000 2' '412 1' ' '206 1'988 3'102 1'143 3'541 2'138 4'920 2' As of May 31, 2007 Source: Swiss Re Capital Markets Issued Outstanding 4
5 Quiz Question #3 How large is the total economic loss for a 200 year earthquake hitting Tokyo? 1) USD 150bn 2) USD 500bn 3) USD 1 000bn 4) Unbelievably high Page 9 Economic vs insured loss potentials (examples) Country Scenario Loss potential (bn USD)* economic insured China EQ >40 <3 Flood >40 <3 Colombia EQ 20 5 Greece EQ 25 4 Italy EQ 35 6 Japan EQ Tokyo Mexico EQ Mex. City 50 6 Netherlands Flood 200 <10 USA EQ California USA/Caribbean Hurricane * 1 in 200 year events; Hurrican USA/Caribbean 100 years only Source: Swiss Re Nat Cat R&D Page 10 5
6 Hurricane Katrina Page 11 Hurricane Katrina Page 12 6
7 Boat Casinos They float Page 13 Boat Casinos they sink Page 14 7
8 Boat Casinos they fall apart Page 15 Climate change Observations Page 16 Annual Northern hemisphere land surface temperature anomaly (deg C) for the period , relative to the average The error range represents +/-2 standard errors. The smooth curves were created using a 21-point binomial filter to highlight the interdecadal variations. Data from Brohan et al
9 Climate change Predictions Page 17 Source: IPCC 2007, Summary for Policy Makers The next 100 years Increased variability Model results Page 18 Source: Nature
10 Hurricane forecasting skills Page 19 Year Forecast Observed Forecast Observed # of Storms # of Storms # Hurricanes # Hurricanes ? 9? A very recent paper (G. J. Holland, submitted) has demonstrated that current seasonal forecast techniques exhibit only little skill at any time period. Quiz Question #4 Which factor has the biggest impact on the insured natural peril loss of a building? 1) Building quality 2) Surroundings of the building 3) Inhabitants 4) Repair companies 5) Small print of the policy Page 20 10
11 Impact of building quality Page 21 Residential district in 2050 Page 22 11
12 Nat Cat modelling: Four elements that determine a cat loss Hazard Vulnerability Value distribution Cover conditions L How often / how strong? How well built and protected? What exactly is covered... where... and how? F Example Hurricane Charley Aug 2004 Sums insured Cover limits Deductibles Exclusions etc. Page 23 Nat Cat modelling: The sophisticated way - simulation Probabilistic Events These artificial events never occurred in history, but they are physically possible and there is no reason why they should not happen one day. Page 24 Note: The displacements etc have been exaggerated for visualization purposes. Gust in m/s 12
13 Storm surge model Sal. Oppenheim Lounge 28 November 2006 Serge Tröber, Cat Perils Page 25 Simulation of event and damage foot print Page 26 13
14 Watch where you park your car! Given an event intensity: How are the insured objects affected? Page 27 Cautionary note on forward-looking statements Certain statements and illustrations contained herein are forward-looking. These statements and illustrations provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to a historical fact or current fact. Forward-looking statements typically are identified by words or phrases such as "anticipate", "assume", "believe", "continue", "estimate", "expect", "foresee", "intend", "may increase" and "may fluctuate" and similar expressions or by future or conditional verbs such as "will", "should", "would" and "could". These forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause Swiss Re's actual results, performance, achievements or prospects to be materially different from any future results, performance, achievements or prospects expressed or implied by such statements. Such factors include, among others: the impact of significant investments, acquisitions or dispositions, and any delays, unexpected costs or other issues experienced in connection with any such transactions, including, in the case of acquisitions, issues arising in connection with integrating acquired operations; cyclicality of the reinsurance industry; changes in general economic conditions, particularly in our core markets; uncertainties in estimating reserves; the performance of financial markets; expected changes in our investment results as a result of the changed composition of our invested assets or changes in our investment policy; the frequency, severity and development of insured claim events; acts of terrorism and acts of war; mortality and morbidity experience; policy renewal and lapse rates; changes in rating agency policies or practices; the lowering or withdrawal of one or more of the financial strength or credit ratings of one or more of our subsidiaries; changes in levels of interest rates; political risks in the countries in which we operate or in which we insure risks; extraordinary events affecting our clients, such as bankruptcies and liquidations; risks associated with implementing our business strategies; changes in currency exchange rates; changes in laws and regulations, including changes in accounting standards and taxation requirements; and changes in competitive pressures. These factors are not exhaustive. We operate in a continually changing environment and new risks emerge continually. Readers are cautioned not to place undue reliance on forward-looking statements. We undertake no obligation to publicly revise or update any forward-looking statements, whether as a result of new information, future events or otherwise. Page 28 14
2006 Annual Turnover SCOR + Revios Pro Forma: EUR Million at current exchange rates
(p.1/5) For further information, please contact: Godefroy de Colombe +33 (0)1 46 98 73 50 Director for Public Affairs Jim Root +33 (0)1 46 98 72 32 Director for Investor Relations 2006 Annual Turnover
More informationNatural catastrophes: A risk transfer concept for Italy
Natural catastrophes: A risk transfer concept for Italy AIDA Michael seminar Schwarz, on natural December catastrophes 2007 Milan, 19 January 2009 AIDA Seminar, 19 January 10 Nat Cat Insurance Solutions
More informationCheuvreux Spring European Large Cap Conference
Jacques Aigrain Chief Executive Officer Executive summary Excellent 26 results Performance Quality Net income CHF 4.6 billion, up 98%, EPS of CHF 13.49 Strong performance across all businesses Strong combined
More informationAnalysts conference call 13 February 2007
Analysts conference call Agenda Introduction Ann Godbehere Stefan Lippe Michel Liès Outlook Questions & answers Ann Godbehere All Appendix Page 2 Highly successful renewal for Swiss Re Swiss Re s renewed
More informationDevelopment of claim ratios by line of business
Development of claim s by line of business Content This report covers business from Swiss Re legal entities at 31 December (Insurance Solutions companies are not included) Tles for the following lines
More informationGoldman Sachs 18 th Annual European Financials Conference. Edouard Schmid, Head Property & Specialty Reinsurance Madrid, 10 June 2014
Goldman Sachs 18 th Annual European Financials Conference Edouard Schmid, Head Property & Specialty Reinsurance Madrid, 10 June 2014 Agenda Introduction to Swiss Re Differentiation through knowledge Protection
More informationSECOND QUARTER 2015 results
SECOND QUARTER 2015 results Transcript of analyst and investor video presentation Michel M. Liès, Group CEO David Cole, Group CFO Zurich, 30 July 2015 The following transcript must be read in conjunction
More informationUnderwriting. Matthias Weber, Group Chief Underwriting Officer
Underwriting Matthias Weber, Group Chief Underwriting Officer Priorities in underwriting build sustainable competitive advantage Challenging market outlook Low margins Low growth, low interest rates Impact
More informationAnalysts conference call 14 February 2006
Analysts conference call Cautionary note on forward-looking statements Certain statements and illustrations contained herein are forward-looking. These statements and illustrations provide current expectations
More informationAnalysts conference call 3 April Life & Health Embedded Value 2006
Analysts conference call Life & Health Embedded Value George Quinn Chief Financial Officer Alberto Izaga Head of Life & Health Products Agenda Executive summary George Quinn Reconciliation to EV Alberto
More informationRisk Management. Patrick Raaflaub, Group Chief Risk Officer
Risk Management Patrick Raaflaub, Group Chief Risk Officer Optimise risk/return portfolio Control risk exposures Knowledge Group risk appetite and risk tolerance ensure controlled risktaking at Swiss Re
More informationInsurance industry needs to respond proactively to changing market dynamics in order to benefit from promising opportunities
News release Insurance industry needs to respond proactively to changing market dynamics in order to benefit from promising opportunities Market environment remains challenging, but short- and longterm
More informationReinsurance. Moses Ojeisekhoba, CEO Reinsurance Alison Martin, Head L&H Business Management Reinsurance
Reinsurance Moses Ojeisekhoba, CEO Reinsurance Alison Martin, Head L&H Business Management Reinsurance Swiss Re s largest Business Unit continues to deliver strong results in a challenging environment
More informationNews release. Swiss Re reports first-quarter consolidated Group net income of USD 1.1 billion, on track to deliver on financial targets
News release a Swiss Re reports first-quarter consolidated Group net income of USD 1.1 billion, on track to deliver on financial targets 2011-2015 Contact: Media Relations, Zurich Telephone +41 43 285
More informationReserving 2008 Development of claim ratios by line of business
Reserving Development of claim ratios by line of business Swiss Re s Reserves for Traditional Business 46% of total is Reserves Total Traditional Gross Reserves: CHF 61.0 bn as of 31 December 30 Case reserve
More informationSwiss Re. Susan Holliday Head of Investor Relations
Swiss Re Susan Holliday Head of Investor Relations Agenda Key points 2006 Strong P&C renewals as expected Closed acquisition of GEIS IS integration on track and positive news on retention of business so
More informationConference call Swiss Re expects CHF 1.2 billion mark-to-market loss from its credit underwriting activities
Swiss Re expects CHF 1.2 billion mark-to-market loss from its credit underwriting activities Jacques Aigrain Chief Executive Officer George Quinn Chief Financial Officer Roger Ferguson Head of Financial
More informationVontobel Summer Conference
Pierre L. Ozendo Member of the Executive board Head of Asia Division Cautionary note on forward-looking statements Slide 2 Certain statements contained herein are forward-looking. These statements provide
More informationUBS Conference Dr Arnoldussen, Swiss Re 7-8 July 2005, Frankfurt a. M. Non-life reinsurance in Germany
Non-life reinsurance in Germany Non-life reinsurance in Germany Reinsurance markets worldwide Reinsurance market in Germany Future market issues Conclusion Page 2 Reinsurance is what reinsurance does Spreads
More informationSwiss Re investors and media meeting
Swiss Re investors and media meeting Today s agenda Introduction Stefan Lippe, CEO Business messages Michel M. Liès, Head of Client Markets ILS Martin Bisping, Head of Non-Life Risk Transformation Questions
More informationUBS Swiss Equity Conference
Stefan Lippe Chief Executive Officer Agenda Company profile Building on our strengths Outlook Questions & answers Slide 2 Headquarters Zurich, Switzerland Swiss Re A leading and highly diversified risk
More informationSwiss Re investors and media meeting
Swiss Re investors and media meeting Agenda Market developments, focus topic inflation Swiss Re s business position Questions & answers Slide 2 1 Insurers are facing a more challenging business environment
More informationManagement of Catastrophies OECD Conference, Hyderabad February Insurance solutions for emerging markets
Insurance solutions for emerging markets Today s agenda Importance of insurance to emerging markets Public-private partnership in delivering insurance solutions What is needed for a successful public-private
More informationSwiss Re posts another strong quarterly profit of USD 802 million, contributing to a half-year net income of USD 2.0 billion
News release Swiss Re posts another strong quarterly profit of USD 802 million, contributing to a half-year net income of USD 2.0 billion Strong re/insurance business and excellent asset management performance
More informationCreating the future. Investors and Media meeting Monte Carlo, 9 September 2013
Creating the future Investors and Media meeting Monte Carlo, 9 September 2013 Today's agenda Introduction Michel M. Liès, Group CEO Current market environment Differentiation through knowledge Christian
More informationCredit Suisse Swiss Financials Conference
George Quinn Chief Financial Officer Agenda Swiss Re at a glance Building blocks for growing Swiss Re s franchise Generate economic profit growth Reduce earnings volatility Enlarge market scope Advance
More informationCapital Management. David Cole, Group Chief Financial Officer
Capital Management David Cole, Group Chief Financial Officer Our holistic capital allocation approach aims to deliver industry-leading shareholder returns Capital allocation Financial targets Holding company
More informationAnalysts conference call 8 May 2007
8 May 2007 First Quarter 2007 results Today s agenda Introduction Susan Holliday, Head IR Group results George Quinn, CFO Q&A George Quinn, CFO Slide 2 First Quarter 2007 results Executive summary Performance
More informationNews release. Page 1/6
News release a Swiss Re reports very strong net income of USD 2.2 billion for third quarter of 2012, driven by Property & Casualty Reinsurance and Admin Re US sale Contact: Media Relations, Zurich Telephone
More informationMeeting the Challenges of Change
Natural Catastrophes - Lessons for the Indian Market from 2011 Global Experience Jyoti Majumdar Vice President, Head Cat Perils Asia Hub Swiss Reinsurance Company, Bangalore Meeting the Challenges of Change
More informationInterim Report 2006 Shareholders letter
Interim Report 2006 Shareholders letter Key information News first half 2006 Net income of CHF 1.6 billion up 16%; all businesses contributing strongly; EPS of CHF 4.92 Good return on investments at 5.3%
More informationMerrill Lynch Banking & Insurance CEO Conference 2006
Banking & Insurance 2006 Jacques Aigrain Chief Executive Officer Risk, Return & Growth Getting the Balance Right Agenda Best-in-class customer service and attractive shareholder returns 2006/2007 renewals
More informationClimate Change and Reinsurance. Nomura's European Sustainable and Responsible Investment Conference Paris, 17 March 2011
Climate Change and Reinsurance Nomura's European Sustainable and Responsible Investment Conference Paris, 17 March 2011 Swiss Re at a glance Swiss Re is a leading and highly diversified global (re)insurance
More informationInto the eye of the future. Investors and Media meeting Monte Carlo, 10 September 2012
Into the eye of the future Investors and Media meeting Monte Carlo, 10 September 2012 Today's agenda Introduction Driving market forces a three year view Swiss Re's underwriting and P&C reinsurance market
More informationExane BNP Paribas 16th European CEO Seminar. Michel M. Liès, Group CEO Paris, 20 June 2014
Exane BNP Paribas 16th European CEO Seminar Michel M. Liès, Group CEO Paris, 20 June 2014 Introduction to Swiss Re 2 Differentiated through history Swiss Re is a global operator, with over 60 offices in
More informationSustained insurance sector growth in 2017 largely based on demand from emerging markets
News release Sustained insurance sector growth in 2017 largely based on demand from emerging markets Moderate global economic growth is expected to support insurance sector growth over the next two years
More informationPricing Climate Risk: An Insurance Perspective
Pricing Climate Risk: An Insurance Perspective Howard Kunreuther kunreuther@wharton.upenn.edu Wharton School University of Pennsylvania Pricing Climate Risk: Refocusing the Climate Policy Debate Tempe,
More informationUnderwriting priorities. Edi Schmid, Group Chief Underwriting Officer
Underwriting priorities Edi Schmid, Group Chief Underwriting Officer Competitive advantage achieved through underwriting priorities Underwriting priorities Competitive advantage Target liability portfolio
More informationAn integrated economic valuation and Key features accounting framework for business planning, pricing, reserving, and steering
EVM methodology An integrated economic valuation and accounting framework for business planning, pricing, reserving, and steering Shows direct connection between risk taking and value creation Provides
More informationSwiss Re s performance and strategy
Swiss Re s performance and strategy UBS Best of Switzerland 2016 Conference Edouard Schmid, Head Property & Specialty Reinsurance Wolfsberg, 16 September 2016 Today s agenda Recent achievements Industry
More informationNews release. Swiss Re reports first quarter 2018 net income of USD 457 million; public share buy-back programme to start on 7 May 2018
News release Swiss Re reports first quarter 2018 net income of USD 457 million; public share buy-back programme to start on 7 May 2018 Group net income of USD 457 million for the first quarter 2018; gross
More informationWelcome Susan Holliday Introduction Capital management Financial Services Questions & answers
London 11 December 2007 Today s agenda Welcome Susan Holliday Introduction Capital management Financial Services Questions & answers Slide 2 Today s agenda Welcome Introduction Jacques Aigrain Capital
More informationHelvea Swiss Equities Conference. Guido Fuerer, Group Chief Investment Officer 16 January 2014
Helvea Swiss Equities Conference Guido Fuerer, Group Chief Investment Officer 16 January 2014 Introduction to Swiss Re 2 Swiss Re Group Overview Swiss Re Group Reinsurance Corporate Solutions Admin Re
More informationCorporate Solutions. Agostino Galvagni, CEO Corporate Solutions Serge Troeber, CUO Corporate Solutions
Corporate Solutions Agostino Galvagni, CEO Corporate Solutions Serge Troeber, CUO Corporate Solutions Corporate Solutions continues on its path of disciplined growth Today s focus Complementary key initiatives
More informationCATASTROPHIC RISK AND INSURANCE Hurricane and Hydro meteorological Risks
CATASTROPHIC RISK AND INSURANCE Hurricane and Hydro meteorological Risks INTRODUCTORY REMARKS OECD IAIS ASSAL VII Conference on Insurance Regulation and Supervision in Latin America Lisboa, 24-28 April
More informationSwiss Equities Conference
Chief Executive Officer Life & Health Business Group Cautionary note on forward-looking statements Slide 2 Certain statements contained herein are forward-looking. These statements provide current expectations
More informationThe right business mix for 2006
The right business mix for 2006 Chief Financial Officer meets management Agenda Market environment Swiss Re s strategic priorities Nat cat reinsurance after Katrina Renewals 2006 Slide 2 Changing risk
More informationUnderwriting performance and strong investment results support Swiss Re half-year 2017 net income of USD 1.2 billion
News release Underwriting performance and strong investment results support Swiss Re half-year 2017 net income of USD 1.2 billion Group net income of USD 1.2 billion for the first six months of 2017; supported
More informationPioneer ILS Interval Fund
Pioneer ILS Interval Fund COMMENTARY Performance Analysis & Commentary March 2016 Fund Ticker Symbol: XILSX us.pioneerinvestments.com First Quarter Review The Fund returned 1.35%, net of fees, in the first
More informationFollow-up Questions & Answers to 19 November 2007 Investor Calls.
Follow-up Questions & Answers to 19 November 2007 Investor Calls. As mentioned during our conference calls on 19 November 2007, we are providing some additional information that responds to investors questions
More informationAnnual EVM Results 2016 Investor and analyst presentation Zurich, 16 March We make the world more resilient.
Investor and analyst presentation Zurich, 16 March 2017 We make the world more resilient. EVM is the common measure of economic value creation that guides steering decisions at Swiss Re EVM is the core
More informationAnnual EVM Results Zurich, 18 March 2015
Zurich, 18 March 215 EVM methodology An integrated economic valuation and accounting framework for business planning, pricing, reserving, and steering Key features Shows direct connection between risk
More informationCatastrophes and the Advent of the Use of Cat Models in Ratemaking
Catastrophes and the Advent of the Use of Cat Models in Ratemaking Christopher S. Carlson, FCAS, MAAA Pinnacle Actuarial Resources, Inc. Casualty Actuarial Society Catastrophes and the Advent of the Use
More informationFuture ready. Media conference, Monte Carlo, 14 September 2015
Future ready Media conference, Monte Carlo, 14 September 2015 Today's agenda Narrowing the protection gap Michel M. Liès Group Chief Executive Officer Technology will change the insurance industry Christian
More informationNews release. Page 1/5. Contact: Media Relations, Zurich Telephone Corporate Communications, London
News release ab Swiss Re reports net income of CHF 4.2 billion Return on equity of 13.5% Dividend increases to CHF 4.00 per share January 2008 renewals focused on disciplined underwriting Contact: Media
More informationGroup strategy update. Michel M. Liès, Group Chief Executive Officer Investors' Day, Zurich, 24 June 2013
Group strategy update Michel M. Liès, Group Chief Executive Officer Investors' Day, Zurich, 24 June 2013 Investors' Day 2013 Group CEO's highlights Swiss Re Group strategy is unchanged Focus on execution,
More informationUBS Global Insurance Conference
UBS Global Insurance Is there really an advantage to being global? Jacques Aigrain Chief Executive Officer Swiss Re a global leader Swiss Re is the most diversified reinsurer, founded 1863 Earnings per
More informationStability and Capacity of Property Liability Insurance Markets. Neil Doherty Cartagena, Colombia May 2007
Stability and Capacity of Property Liability Insurance Markets Neil Doherty Cartagena, Colombia May 2007 1.4 1.3 1.2 1.1 1 0.9 0.8 0.7 0.6 Market Stability: Combined Ratio in Colombia Life P&C 1975 1976
More informationSwiss Re s performance and strategy
Swiss Re s performance and strategy Baader Helvea Swiss Equities Conference, 11 January 2019 Martin Müller, Chief Financial Officer Corporate Solutions Today s agenda Swiss Re Group at a glance Corporate
More informationThe financial implications of climate change: the North East and beyond. Focus on Climate Change, Pace Energy and Climate Center, June 27, 2012
The financial implications of climate change: the North East and beyond Focus on Climate Change, Pace Energy and Climate Center, June 27, 2012 Agenda Introduction Financial impacts of weather extremes
More informationSwiss Re earns profit of USD 4.4 billion for 2013; regular dividend of CHF 3.85 per share and special dividend of CHF 4.15 per share to be proposed
News release Swiss Re earns profit of USD 4.4 billion for 2013; regular dividend of CHF 3.85 per share and special dividend of CHF 4.15 per share to be proposed Very strong Group net income of USD 4.4
More informationAn Introduction to Natural Catastrophe Modelling at Twelve Capital. Dr. Jan Kleinn Head of ILS Analytics
An Introduction to Natural Catastrophe Modelling at Twelve Capital Dr. Jan Kleinn Head of ILS Analytics For professional/qualified investors use only, Q2 2015 Basic Concept Hazard Stochastic modelling
More informationNHO Sundwall - presentation Natural Catastrophes. Dorte Birkebæk, Swiss Re Corporate Solutions, Country Manager Nordics, 11 and 12 of November 2014
NHO Sundwall - presentation Natural Catastrophes Dorte Birkebæk, Swiss Re Corporate Solutions, Country Manager Nordics, 11 and 12 of November 2014 Table of Contents / Agenda 40 Years of Loss History Various
More informationNews release. Page 1/8. Swiss withholding tax exempt distribution out of reserves from capital contributions. Contact:
News release a Swiss Re reports strong 2010 results with full-year net income of USD 863 million, announces new corporate structure aligned with strategic priorities Contact: Media Relations, Zurich Telephone
More informationMerrill Lynch Banking & Insurance CEO Conference
Banking & Insurance Jacques Aigrain Chief Executive Officer London, Today s agenda Delivering Growth in a Riskier World Enlarge market scope ILS - reduce risk and provide growth Summary and outlook Slide
More informationICRM Seminar 2014General
Closing the Nat Cat protection gap: Jakarta General Agenda What is Nat Cat protection gap? Nat Cat risk to Jakarta Estimation of insured and insurable portfolio Assumptions for Nat Cat modeling Nat Cat
More informationCat Modelling Real World vs. Model World
Cat Modelling Real World vs. Model World Prepared for Prepared by Club APREF, Paris Luzi Hitz, 11 Agenda 1. Background of PERILS 2. PERILS Data and their Application 3. Industry-Loss-Based Risk Transfer
More informationUBS Swiss Equity Conference
Jacques Aigrain Chief Executive Officer Zurich, Agenda Swiss Re at a glance Swiss Re s view of the future of the industry Slide 2 Swiss Re at a glance Swiss Re is the world s leading and most diversified
More information2009 Annual Report Shareholders letter
2009 Annual Report Shareholders letter Key information Corporate highlights Full-year 2009 net income of CHF 506 million; earnings per share of CHF 1.49 Shareholders equity increased significantly by CHF
More informationLife Capital. Thierry Léger, CEO Life Capital Ian Patrick, CFO Life Capital
Life Capital Thierry Léger, CEO Life Capital Ian Patrick, CFO Life Capital Life Capital is performing well in a challenging macro environment Today s agenda Life Capital creates alternative access to attractive
More informationSwiss Re reports solid first quarter 2017 net income of USD 656 million
News release Swiss Re reports solid first quarter 2017 net income of USD 656 million Solid Group net income at USD 656 million for the first quarter 2017 after USD 350 million expected insurance claims
More informationModeling Extreme Event Risk
Modeling Extreme Event Risk Both natural catastrophes earthquakes, hurricanes, tornadoes, and floods and man-made disasters, including terrorism and extreme casualty events, can jeopardize the financial
More informationCorporate Solutions. Agostino Galvagni CEO Corporate Solutions
Corporate Solutions Agostino Galvagni CEO Corporate Solutions On track to deliver against 2015 targets Economic Net Worth 1 10% Commercial insurance Business Unit of the Swiss Re Group A key opportunity
More informationDresdner Kleinwort s Speed Investing Conference
Susan Holliday Head of Investor Relations Today s agenda Swiss Re at a glance Business performance Property & Casualty Life & Health Financial Services Strategy and outlook Slide 2 Swiss Re at a glance
More informationSwiss Re proposes an 8.2% increase in the regular dividend to CHF 4.60 and a CHF 1.0 billion share buy-back programme
News release Swiss Re proposes an 8.2% increase in the regular dividend to CHF 4.60 and a CHF 1.0 billion share buy-back programme The Board of Directors proposes an 8.2% increase in regular dividend to
More informationFinancial strength and capital generation John Dacey, Group Chief Financial Officer
Financial strength and capital generation John Dacey, Group Chief Financial Officer We are committed to our over-the-cycle Group financial targets Group targets over-the-cycle Group Return on Equity Group
More informationCapital allocation at the core of our strategy David Cole Group Chief Financial Officer
Capital allocation at the core of our strategy David Cole Group Chief Financial Officer Swiss Re s capital allocation aims to deliver sustainable shareholder value P&CReinsuranceL&H Swiss Re Ltd USD 8.0bn
More informationMarket realities and renewals messages
Investors meeting Agenda Market realities and renewals messages Insurance Solutions update Slide 2 Reinsurance pricing levels remain firm Property incl. nat cat US Property incl. nat cat (excl. US) Casualty
More informationSwiss Re s differentiation drives financial performance
Swiss Re s differentiation drives financial performance Kepler Cheuvreux Swiss Seminar, 29 March 2017 Gerhard Lohmann, Chief Financial Officer Reinsurance Today s agenda Swiss Re Group at a glance Reinsurance
More informationAnnual EVM Results 2015 Investor and analyst presentation Zurich, 16 March We make the world more resilient.
Investor and analyst presentation Zurich, 16 March 2016 We make the world more resilient. Swiss Re uses EVM to systematically allocate capital within the Group strategic framework Strategic Framework Steering
More information2011 Annual Report Letter to shareholders
2011 Annual Report Letter to shareholders Key information Net income (USD millions) Swiss Re share price performance in 2011 60 55 2011 2010 2009 2008 2007 863 496 663 2 626 3 460 50 45 40 35 30 Jan Feb
More informationExposure. Estimating Exposure. Deterministic Loss Modelling. Probabilistic Loss Modelling. Exposure Management
Exposure Exposure Estimating Exposure Aggregates PMLs Market Share Loss Models Deterministic Loss Modelling Net Loss Model RDSs Probabilistic Loss Modelling Loss Models EP Curves Exposure Management Logistics
More informationInvestors meeting. Market realities Jacques Aigrain, CEO. Swiss Re renewal messages and perspectives Michel Liès, Head of Client Markets
Investors meeting Agenda Market realities Jacques Aigrain, CEO Swiss Re renewal messages and perspectives Michel Liès, Head of Client Markets Questions & answers Jacques Aigrain, CEO Michel Liès, Head
More informationRisk Mitigation and the role of (re)insurance
Risk Mitigation and the role of (re)insurance Michael Eberhardt, CFA < copyright name, company or Institute> This presentation has been prepared for the Actuaries Institute 2016 Managing Extreme Events
More informationEconomic Value Management 2010 Report
Economic Value Management 2010 Report Preface Scope The Economic Value Management (EVM) 2010 Report shows Swiss Re s EVM results for the full year 2010 as of 31 December 2010. Basis of presentation EVM
More information2008 Annual Report Shareholders letter
2008 Annual Report Shareholders letter Key information Premiums earned (CHF millions) 08 14 379 11 090 07 06 05 04 Property & Casualty Life & Health Net income (CHF millions) 864 08 07 06 05 04 Return
More informationContents. Introduction to Catastrophe Models and Working with their Output. Natural Hazard Risk and Cat Models Applications Practical Issues
Introduction to Catastrophe Models and Working with their Output Richard Evans Andrew Ford Paul Kaye 1 Contents Natural Hazard Risk and Cat Models Applications Practical Issues 1 Natural Hazard Risk and
More informationSwiss Re and our Life & Health Reinsurance business
Swiss Re and our Life & Health Reinsurance business Alison Martin, Head Life & Health Business Management Bank of America Merrill Lynch - Annual Financials CEO Conference September 29, 2016 We re smarter
More informationHARRIS & DIXON INSURANCE BROKERS LIMITED REINSURANCE
HARRIS & DIXON INSURANCE BROKERS REINSURANCE HARRIS & DIXON INSURANCE BROKERS Established 1797, oldest Lloyd s broker 100% owned by BMS - August 1997 BMS - Independent Broking group income 25M H&D Income
More informationSwiss Re s performance and strategy. Bernstein s 13 th Strategic Decisions Conference John R. Dacey, Group Chief Strategy Officer, 22 September 2016
Swiss Re s performance and strategy Bernstein s 13 th Strategic Decisions Conference John R. Dacey, Group Chief Strategy Officer, 22 September 2016 Today s agenda Recent achievements Business Units priorities
More informationEconomic Risk and Potential of Climate Change
Economic Risk and Potential of Climate Change Prof. Dr. Peter Hoeppe; Dr. Ernst Rauch This document appeared in Detlef Stolten, Bernd Emonts (Eds.): 18th World Hydrogen Energy Conference 2010 - WHEC 2010
More information5th. Educa+onal Conference Catastrophe Claims 6th. June 2014 Willis Building, London
5th. Educa+onal Conference Catastrophe Claims 6th. June 2014 Willis Building, London Felipe Hoetz President - Chilean Associa7on of Independent Loss Adjusters (ALOSI) Insured loss The 40 most costly insured
More informationFinancial Solutions for Risk Management. Sovereign Debt Management Forum Washington DC October 20, 2016
Financial Solutions for Risk Management Sovereign Debt Management Forum Washington DC October 20, 2016 Uninsured losses from natural catastrophes are a growing burden for governments Natural catastrophe
More informationRecent weather disasters Statistics of natural catastrophes Reasons for increasing losses Risk reduction strategies Conclusions
Geo Risks Research Munich Reinsurance Company Topics Recent weather disasters Statistics of natural catastrophes Reasons for increasing losses Risk reduction strategies Conclusions Weather records and
More informationCAT301 Catastrophe Management in a Time of Financial Crisis. Will Gardner Aon Re Global
CAT301 Catastrophe Management in a Time of Financial Crisis Will Gardner Aon Re Global Agenda CAT101 and CAT201 Revision The Catastrophe Control Cycle Implications of the Financial Crisis CAT101 - An Application
More informationSwiss Re s differentiation approach drives performance
Swiss Re s differentiation approach drives performance Baader Helvea Swiss Equities Conference, 13 January 2017 Gerhard Lohmann, Chief Financial Officer Reinsurance Today s agenda Business update 3 Deep
More informationInvestors Day 2009 Cycle management & portfolio steering
Cycle management & portfolio steering Rueschlikon Hide these borders! Hide these borders! Agenda Cycle management and portfolio steering Brian Gray, Chief Underwriting Officer Re/insurance risk transformation
More informationBeazley Group plc Analysts Presentation RDS/Catastrophe Stress Testing
Beazley Group plc Analysts Presentation RDS/Catastrophe Stress Testing 4 July 2005 Content Introduction Natural Catastrophe Specialty Lines Offshore Energy Account Conclusion Looking Forward! Content Introduction
More informationSwiss Re's performance. Gerhard Lohmann, CFO Reinsurance KBW European Financials Conference, 16 September 2015
Swiss Re's performance Gerhard Lohmann, CFO Reinsurance KBW European Financials Conference, 16 September 2015 Today's agenda Introduction to Swiss Re P&C Reinsurance price adequacy L&H Reinsurance performance
More informationAIR Worldwide Analysis: Exposure Data Quality
AIR Worldwide Analysis: Exposure Data Quality AIR Worldwide Corporation November 14, 2005 ipf Copyright 2005 AIR Worldwide Corporation. All rights reserved. Restrictions and Limitations This document may
More information