Swiss Re Ag · SIX:SREN
Swiss Re — Baden-Baden media conference 2024
14 slides from Swiss Re's conference presentation, Oct 16, 2024
Slide 1: Swiss Re Media conference Baden-Baden
Swiss Re Starting shortly. Media conference Baden-Baden, 16 October 2024
Slide 2: Swiss Re Media conference Baden-Baden
Swiss Re Media conference Baden-Baden, 16 October 2024
Slide 3: Your speakers today
Your speakers today Leopoldo Camara Nikhil da Victoria Lobo Head P&C Reinsurance Northern, Head P&C Reinsurance Western & Southern Central & Eastern Europe Europe and Middle East & Africa 16 October 2024 | Baden-Baden media conference 3
Slide 4: The current uncertain environment increases the need for dependable risk assessment
Macro environment The current uncertain environment increases the need for dependable risk assessment, effective volatility management and risk protection Geopolitical risks Geopolitical risks have increased in the past two years with the war in Ukraine and the Middle East conflict Technology presen
Slide 5: The re/insurance industry plays a key role in mitigating shocks
Macro environment In the current multi-crisis environment, the re/insurance industry plays a key role in mitigating shocks and enhancing societal resilience USD 27bn ~ 1 800 insured losses in Europe from clients supported by Swiss Re P&C Re natural catastrophes and man-made in EMEA in 2023 disasters
Slide 6: Rising losses from floods and severe convective storms necessitate holistic risk management
Secondary perils Rising losses from floods and severe convective storms necessitate holistic risk management and investments into protective measures European insured losses from primary and secondary perils (in USD billions, at 2024 prices) 30 25 Secondary perils dominated insured losses in EMEA in
Slide 7: Example of protective measures: mobile flood barriers in Hungary and Slovakia
Secondary perils Example of protective measures: mobile flood barriers in Hungary and Slovakia 16 October 2024 | Baden-Baden media conference 7
Slide 8: Loss creep: accurate and timely data to reduce pricing volatility
Loss creep As extreme weather events become more frequent, we need accurate and timely data to reduce pricing volatility and maintain trust in the re/insurance value proposition Initial estimates and reported insured losses for EMEA events (in USD bn) 13 Magnitude of hail events is increasing with t
Slide 9: Strikes, riots and civil commotion
Strikes, riots and civil commotion Geopolitical risk is rising and can have significant effects on the re/insurance industry that can be indirect, connected and simultaneous Increased political polarisation observed in a record voting year that includes elections in major USD 1bn +3 000% European ec
Slide 10: Partnering for progress
Partnering for progress Strong partnerships and listening to our clients are key to respond to their needs and enable them to increase resilience in the current uncertain environment Risk awareness and management Achieve greater precision to assess, mitigate and transfer risks Improve data quality a
Slide 11: Q&A
Q&A Please raise your hand to ask a question. 16 October 2024 | Baden-Baden media conference 11
Slide 12: Thank you for your attention.
Thank you for your attention. For any further questions, please contact the Media Relations team at media_relations@swissre.com +41 43 285 71 71 16 October 2024 | Baden-Baden media conference 12
Slide 13: 16 October 2024 | Baden-Baden media conference
16 October 2024 | Baden-Baden media conference 13
Slide 14: Legal notice
Legal notice ©2024 Swiss Re. All rights reserved. You may use this presentation for private or internal purposes but note that any copyright or other proprietary notices must not be removed. You are not permitted to create any modifications or derivative works of this presentation, or to use it for