(Bloomberg View) – Reinsurance is one of the more conservative disciplines in global finance. It's also one of the most forward-looking.
Insuring the insurers demands the ability to envision long-term risks, as well as implementing an investment strategy that provides the growth and liquidity to pay claims. It doesn't sound like a fast-moving industry, but it can move decisively.
|Decisive move
A recent change in Swiss Re AG's investment strategy is one of those decisive moves, one that highlights the insurance industry's long-term exposure to both the causes and effects of climate change.
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