Swiss Re

(IN BRIEF) Swiss Re Institute predicts a significant upswing in profitability for the life insurance industry as global interest rates climb, with an estimated additional USD 1.5 trillion in global life savings premiums projected over the next decade. Higher interest … Read the full press release →

(IN BRIEF) Prudential plc announces the appointment of Anette Bronder to the newly established role of Chief Technology & Operations Officer, effective May 1st, reporting directly to CEO Anil Wadhwani and joining the Group Executive Committee. In this role, Bronder … Read the full press release →

(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release →

(IN BRIEF) In early 2024, Europe’s medical and research communities announced major breakthroughs in cancer care, highlighting new treatments like AstraZeneca and Daiichi Sankyo’s datopotamab deruxtecan for lung and breast cancer, and AstraZeneca’s Tagrisso for EGFR-mutated lung cancer. Diagnostic advancements … Read the full press release →

(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release →

(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release →

(IN BRIEF) Outokumpu, a leader in sustainable stainless steel, joins forces with V-ZUG, a Swiss premium home appliance manufacturer, to introduce the world’s first towards-zero stainless steel. Utilizing Outokumpu Circle Green®, boasting up to a remarkable 93% reduction in carbon … Read the full press release →

(IN BRIEF) Empa and wst21, in response to postulate Po 19.3559, have collaborated to address the significant environmental impact of tire wear, which accounts for a substantial portion of microplastics in the environment. Their comprehensive report, published recently, compiles various … Read the full press release →

(IN BRIEF) Multi-cancer early detection (MCED) blood tests hold the promise of revolutionizing cancer screening by providing a comprehensive, minimally invasive screening option for multiple types of cancer in a single blood sample. These tests offer the potential to increase … Read the full press release →

(IN BRIEF) Swiss startup BTRY, a spin-off from Empa and ETH Zurich, has secured CHF 900,000 in its initial funding round. Led by High-Tech Gründerfonds (HTGF) and Zürcher Kantonalbank (ZKB), the startup focuses on developing thin-film solid-state batteries capable of … Read the full press release →

(IN BRIEF) Empa researchers have developed an innovative technique using nanoparticles for soldering wounds, potentially revolutionizing wound closure methods. This groundbreaking approach offers precise temperature control and can be applied in minimally invasive surgery. The nanoparticles enable gentle laser soldering, … Read the full press release →

(IN BRIEF) Zurich Insurance Group has announced the appointment of Claudia Cordioli as Group Chief Financial Officer (CFO), effective from March 1, 2024, pending regulatory approval. Cordioli will also become a member of the Executive Committee. She will succeed George … Read the full press release →

(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release →

(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release →

(IN BRIEF) Empa, a Swiss research institute, has created an innovative method for analyzing heavy metals like mercury, lead, and cadmium in batteries, supporting compliance with strict regulations. Batteries, used extensively in various applications, can contain harmful ingredients, and their … Read the full press release →

(IN BRIEF) Researchers at Empa, a Swiss research institute, have developed a virtual reality simulation tool for studying and simulating various types of railroad noise. The tool, created as part of the EU project SILVARSTAR, enables users to experience and … Read the full press release →

(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release →

(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release →

(IN BRIEF) Empa, a Swiss research institute, is actively addressing the shortage of skilled workers in technical professions by providing support to talented individuals throughout their academic and professional journeys. Empa’s efforts encompass apprenticeships, academic studies, research careers, and entrepreneurship. … Read the full press release →

(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release →