Swiss RE CFO on Earnings, Extreme Weather, Premiums

The video discusses the increasing frequency and severity of cyclones due to global warming, impacting the insurance industry significantly. It highlights the adjustments in insurance premiums, particularly in Japan, due to recent storms. The video also covers the ongoing preparations for the IPO of the reassure unit, considering market conditions and potential offers from serious bidders.

What is one of the main reasons for the increased financial burden on the insurance industry?

• Decreased number of policyholders

• Improved weather prediction technology

• Increased frequency and severity of weather events

• Lower insurance premiums

How has the insurance industry in Japan responded to the recent cyclones?

• By withdrawing from the market

• By offering discounts to affected areas

• By reducing coverage options

• By increasing premiums and reinsurance costs

What was the percentage increase in premiums for loss-affected portfolios in Japan?

• 20% to 25%

• 15% to 20%

• 10% to 15%

• 5% to 10%

What is the current status of the reassure unit's IPO?

• It has been canceled

• Preparations are ongoing

• It is delayed indefinitely

• It has already been executed

What factor is influencing the decision to proceed with the reassure unit's IPO?

• Technological advancements

• Competitor actions

• Government regulations

• Market conditions