Swiss Re
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The CEO conceded some might see Swiss Re’s dividend targets for 2026 as “underwhelming”.
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The reinsurer’s “refreshed” strategy to focus on AI and a new share-buyback programme.
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Plus, the latest people moves and all the top news of the week.
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After a challenging period, the industry is now earning above its cost of capital.
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Oliver Dlugosch spent 20 years at Swiss Re before it exited aviation this year.
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Carriers posted weaker top-line results but delivered improved combined ratios.
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The reinsurer said discipline was now “equally important as price”.
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The reinsurer is “well on track” to achieve $4.4bn in net income for the full year.
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Munich Re is among the insurers with a stake in the German carrier.
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Class actions and third-party litigation funding will drive up losses.
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In July, he took the role on interim basis from Laure Forgeron.
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Continental composite carriers aim to smooth volatility with new initiatives.