Shifting gears in a changing landscape
A global perspective of motor (re)insurance
Article information and share options
Access the full report using the form below.
Motor insurance is one of the largest non-life lines of business globally, making up about 40% of the total USD 2.2 trillion property and casualty market. At Swiss Re we have supported our clients in the motor insurance market for nearly 125 years with proportional and non-proportional reinsurance treaties. Beyond risk transfer coverage we have also collaborated with clients to develop innovative products, provide claims assistance and market insights backed with dedicated local expertise.
Given the importance of motor, largely due to compulsory covers in much of the world, Swiss Re's Casualty Reinsurance Department prepared a global report covering some of the recent trends and dynamics impacting the line of business from a global reinsurance perspective. The report is aimed at C-suite decision makers, motor underwriters and brokers covering the casualty and motor sector.
In the video below, Laure Forgeron, Chief Underwriting Officer Casualty and Donato Genovese, Casualty Performance Manager at Swiss Re discuss the new report.
The report covers a number of key themes, including:
- A global outlook on the motor insurance market
- Factors driving motor insurance performance
- The impact of rising technology in modern vehicles
In addition, the report includes four country specific reports covering local dynamics and trends in China, Germany, the UK and the US.
Access the report
Access the report to find out more about the challenges and opportunities facing the motor insurance market that will require strong collaboration between insurers, reinsurers and other stakeholders as we look to balance underwriting profitability and the rapidly changing mobility landscape.