Swiss Re report claims insurance market facing good 2005

The life and non-life industry’s 2004 return to profitability will continue into 2005, according to Swiss Re’s annual look at the insurance markets. However, as rates reach their peak growth will be lower than that achieved in 2004.

At a briefing for the review John Fitzpatrick, Head of Swiss Re’s Life & Health Business Group, spoke about the unique and valuable role played by the (re)insurance industry in managing risk and

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