
Swiss Re Reports Surge in Wildfire Claims Amid Rising 2024 Profits
7 hours ago
In a recent update, Swiss Re, one of the leading global reinsurance companies, has revealed that it expects to face significant financial impacts from wildfire claims, forecasting losses that could reach as high as $700 million. This outlook comes on the heels of a positive profit report for the year 2024, showcasing a robust performance despite the escalating climate-related challenges.
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