(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.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.