Swiss Re warns of climate change and the rising cost of debt having adverse impacts on insurance
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Swiss Re warns of climate change and the rising cost of debt having adverse impacts on insurance

Aisling Finn
16 June 2023
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Swiss Re has outlined 17 recurring and emerging risks (re)insurers should be aware of, including climate change and the rising cost of debt, in its latest Sonar report.

The report also outlines how these risks interact with individual business lines.

Solar radiation management (SRM) was highlighted as a key area for property (re)insurance, with Swiss Re noting that manipulating climate via SRM can lead to extreme weather events...

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