Swiss Re: We want to cover volatility not certainty
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Swiss Re: We want to cover volatility not certainty

Fiona Robertson
14 October 2021
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Swiss Re expects to see significant changes to structures of reinsurance programmes in the 1 January renewals as it looks to ensure it is covering “volatility not certainty”, the firm’s EMEA head of property underwriting Beat Kramer Mölbert said during a virtual Baden Baden press conference.

Kramer Mölbert said the firm would be focusing on reducing exposure to low-attaching secondary perils, which were delivering more regular losses – such as this year’s $12bn industry insured flood loss from storm Bernd, a new record flooding loss...

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