According to SwissRe (SREN) Chairman Walter B. Kielholz, the European geopolitical risk is changing with Brexit, referendums, Trum-Jump in the US and digitalization. – We have seen different geopolitical risks in the markets and we are focusing more on risk management, he said in the Swedish Swiss Chamber of Commerce event in Zurich last week.
He said that the insurance company is making competitive edge from talent, data, client relationships and climate change.
SwissRe is listed in Zurich and it is the second largest reinsurane companies in the word. The company reported 3 billion dollars net income in the first ninth month this year, compared to 3,7 billion dollars a year earlier. Earnings per share were 9,15 dollars compared to 10,69 dollars. The company has also announced the largest natural disaster insurance programmes in China.