trending Market Intelligence /marketintelligence/en/news-insights/trending/kqndjvheqmyvliuy5-vd3a2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Swiss Re estimates Q3 nat cat losses of $1.1B

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

2018 US Property Casualty Insurance Market Report

Fintech

Fintech Funding Flows To Insurtech In February

Lemonade Growing Premiums Faster Than Esurance's Homeowners Business Did


Swiss Re estimates Q3 nat cat losses of $1.1B

Swiss Re AG estimates third-quarter preliminary combined claims burden from recent large natural catastrophes at around $1.1 billion, net of retrocession and before tax, dominated by weather-related losses in Japan.

Claims from Typhoon Jebi are expected to be $500 million, while those from Hurricane Florence are expected to be $120 million. A number of further natural catastrophes, mainly in Japan and North America, including the Carr wildfire in California, aggregate to another $500 million of large losses for Swiss Re in the quarter.

Multiple large man-made disasters are also expected to generate around $300 million in claims for the quarter, the impact of which is expected to be almost equally distributed between the reinsurance and corporate solutions business units.

Large man-made disasters that occurred or deteriorated in the third quarter include the collapse of the Genoa motorway bridge in Italy, a shipyard fire in Germany and the Ituango dam flooding in Colombia, among others.

While the third-quarter losses are large for an individual quarter for the Zurich-based company, it noted that the cumulative losses for the first nine months are broadly in line with year-to-date expectations.

Swiss Re will publish its results for the first nine months of 2018 on Nov. 1.