Swiss Re Institute's data shows the quiet first half is a product of geography, not declining risk
Mark Rosanes Aug 11, 2026
Two moves follow Velina Peneva's upcoming L&H Re CEO start as Swiss Re reshapes the unit's senior structure
Amy Ellison hands over the reins after four years to take on a group-wide audit role in London
A $1.3 billion surprise from a 2024 marine loss is the detail cedants and brokers should be watching at the next renewal
Middle East reserves tipped Greenlight Re's combined ratio to 100.1%, while a $27.9m loss from the Solasglas hedge fund amplified a near-breakeven underwriting result
The reinsurer's P&C combined ratio of 68.9% was underpinned by major losses at 4.9% of net premium, against a long-run expected value of 18%
Q2 insurtech investment went almost entirely to AI-focused companies, while data centre accumulation risk is outpacing (re)insurance capacity
A benign loss environment drove Swiss Re's P&C combined ratio to 76.7%, even as nominal and risk-adjusted renewal pricing diverged at mid-year
The deal uses independently reported industry loss indices for both perils, pointing to a new class of capital-efficient structures for global cedants
