15 Mar 10
According to Swiss Re’s latest sigma study, natural catastrophes and man-made disasters claimed approximately 15 000 lives and cost insurers USD 26 billion in 2009. The overall cost to society was USD 62 billion. Insured losses were below average due to a calm US hurricane season.
12 Mar 10
Swiss Re today published its 2009 annual report, containing the audited annual and consolidated financial statements for the 2009 financial year. At the same time, Swiss Re announced the proposals of its Board of Directors to the company’s shareholders for the 146th Ordinary General Meeting to be held on Wednesday, 7 April 2010, in Zurich, Switzerland.
10 Mar 10
Swiss Re today announced that, based on current information, it provisionally estimates its loss arising from the earthquake in Chile to be USD 500 million. The total insured losses for the insurance sector for the earthquake in Chile are estimated to be in the range of USD 4.0 billion to USD 7.0 billion. In addition, Swiss Re estimates its loss for the European winter storm Xynthia to be approximately USD 100 million.
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