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Swiss Re

Featured in 2 tracked stories · first seen 6 days ago

Situations

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European climate damage and insurance strain

5 clusters · 45 sources · last updated 1 day ago

Latest: EU redirects billions to fire prevention after record European wildfires cause €15‑19 bn loss

The summer of 2026 saw unprecedented climate‑related losses across Europe. Floods in late July devastated Valence, Spain and triggered record insured flood payouts of €1.2‑1.35 billion. Simultaneously, a wave of megafire

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Root telematics insurance expansion US

2 clusters · 7 sources · last updated 2 days ago

Latest: Swiss Re profit up 9% as AI strategy expands; Zurich posts 14% profit rise and $1bn data‑centre reinsurance

In July 2026 Root launched its behavior‑based telematics car insurance in New Jersey, bringing the service to 37 U.S. states and marking a milestone toward its goal of covering the contiguous United States by 2027. The r