Urs Baertschi, CEO P&C Reinsurance, underlined the stabilizing role of the industry: “In a time of elevated global uncertainty and rapid adoption of AI, re/insurance stands as a stabilizing pillar. We look forward to engaging with clients, partners and the public sector on how to strengthen resilience, harness technology and address the evolving challenges of a changing world.”
Swiss Re pointed to geopolitical headwinds—from protectionist policies and shifting economic dynamics to rising social unrest—as factors increasing volatility and long-term fragmentation risks. In the past year, over 70 countries have experienced significant protests, highlighting the importance of disciplined underwriting and accumulation management.
On the natural catastrophe front, Swiss Re Institute data shows insured losses have consistently topped USD 100 billion annually in recent years, with peak years potentially reaching USD 200–300 billion. The company stressed the need for preventive measures, such as stronger building standards and advanced risk modelling, alongside closer public-private partnerships.
Turning to technology, Swiss Re described artificial intelligence as a “game changer” for the industry.
Gianfranco Lot, CUO P&C Reinsurance, said: “Data is the basis for risk and accumulation management, and AI will be transformative. At Swiss Re, we see it as our responsibility to combine our expertise, technology and partnerships to turn ambition into reality.”
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