Coronavirus Won’t Have Material Impact on Swiss Re, Says CFO

The video discusses the impact of coronavirus on the insurance industry, noting that while there are significant economic losses, they are not expected to result in major insurance claims. The performance of Swiss Re's life and health businesses is strong, but challenges remain in property and casualty insurance. The company is optimistic about 2020, with increased pricing and a positive financial outlook, including a rise in net income and proposed share buybacks.

What is the current outlook of Swiss Re on the impact of COVID-19 on the insurance industry?

• It is expected to have a major impact.

• It will lead to a pandemic declaration.

• It is not expected to have a material impact.

• It will only affect the life insurance sector.

How has the economic impact of COVID-19 affected the insurance claims according to Swiss Re?

• It has only affected travel insurance claims.

• It has not yet resulted in significant insurance claims.

• It has led to a significant increase in claims.

• It has caused a decrease in insurance claims.

What was the combined ratio target for Swiss Re's property and casualty business?

• 100%

• 107%

• 108%

• 98%

What was the return on equity for Swiss Re's PNC Re business in 2019?

• 7.2%

• 10.5%

• 4.8%

• 5.6%

What was Swiss Re's net income increase from 2019?

• $727 million to $400 million

• $600 million to $900 million

• $400 million to $727 million

• $500 million to $800 million

What restructuring is Swiss Re undergoing in its corporate solutions business?

• Significant restructuring

• Increasing premiums

• Reducing workforce

• Expanding into new markets

What is the expected combined ratio for Swiss Re's reinsurance in 2020?

• 95

• 97

• 100

• 99