瑞士再保险：自然灾害损失攀升，保险需提供有效保障

Group 1 - The global economic growth outlook is stable but increasingly vulnerable, with a slowdown in the actual growth rate of global insurance premiums expected [1] - In developed markets, non-life insurance premium growth will be primarily driven by pricing cycles, while emerging markets will benefit from the expansion of risk exposure [1] - Life insurance premiums are projected to accelerate over the next two years, with savings-type products maintaining resilience [1] Group 2 - Global reinsurance demand is growing, with global reinsurance premiums expected to reach $300 billion by 2026, reflecting the complexity and interconnectivity of risks [2] - The economic losses from natural disasters in 2024 are estimated at $318 billion, with approximately $137 billion covered by insurance, highlighting the need for better understanding and mechanisms for natural disaster risk [2] - The property and accident insurance sector in China has significant growth potential, with premium growth expected to align with economic growth, projected at 5%-6% from 2025 to 2030 [2] Group 3 - The Chinese insurance industry has historically faced low profitability due to excessive competition, but recent focus on high-quality development is improving underwriting quality and operational efficiency [3] - The industry is gradually achieving lower combined cost ratios and more reasonable underwriting profits, contributing to sustainable and healthy development [3]