Swiss Re AG (SSREY) Discusses Global Reinsurance Market Dynamics, Inflation Impact and Emerging Industry Opportunities Transcript

Charlotte Nelson
Senior Manager of Media Relations Communications

Hello, everyone. Welcome to Swiss Re’s Rendez-Vous de Septembre 2026 Media Conference. I’m Charlotte Nelson, and I’m responsible for P&C Re Media Relations at Swiss Re. Joining me here today is Urs Baertschi, our CEO, P&C Reinsurance; and Gianfranco Lot, our Chief Underwriting Officer, P&C Reinsurance.

In the next hour, we want to share our perspective on the forces impacting the reinsurance market, what it means for demand for underwriting and for reinsurance. And we will do so by Urs and Gianfranco will walk through our presentation first, and then we will open the floor for your questions.

And I think with that short introduction, Urs, the floor is yours.

Urs Baertschi
Chief Executive Officer of Property & Casualty Reinsurance

Thank you, Charlotte, and good afternoon, everybody. Welcome, and thank you for being with us here today. I will start at a fairly high level, and we’ll zoom in progressively here, and then Gianfranco is going to get into the real details when he takes over.

I want to start with the factors that are impacting the reinsurance and insurance industry globally. When we just look at the reinsurance industry and we think about the capital base here, there’s a strong capital base of about $660 billion out there. I’ll show you more details about that in a bit. The main message here is it’s important for the reinsurance industry to have a strong capitalization, strong balance sheet. And I’ll tell