Swiss Re Adds $900 Million to Reserves

The video discusses the expected claims and reserves for 2021, highlighting challenges in estimating losses, especially in life and health sectors. It covers premium increases and risk management strategies in the reinsurance business, emphasizing the exclusion of infectious disease coverage. The impact of COVID-19 vaccine rollouts on the insurance industry is examined, noting reduced risks due to government involvement. Finally, the video addresses climate change's effects on insurance, focusing on secondary perils and the need for improved risk modeling.

What are the expected outcomes of the vaccination programs mentioned in the text?

How does climate change impact the insurance business according to the discussion?

What role does the insurance industry play in helping society mitigate risks related to climate change?