Swiss Re has revealed that it expects to report a loss of up to SFr100m (£46.9m) in 2002 due to large write-downs.
Swiss Re has revealed that it expects to report a loss of up to SFR100m (£46.9m) in 2002 due to large write-downs.
The world's second-largest reinsurer said the write-downs would be higher than the 2001 level of SFr663m (£311m).
A Swiss Re spokesman told Reuters that its return on investments was expected to be 4.7% below the 2002 target of 6.7%.
Annual general policy renewals season had generated premium increases of 10%, he added.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
