Roman Lechner – P&C Economic Research Lead Swiss Re Institute
Roman Lechner joined Swiss Re in 1992 as an Economist in the Economic Research team in Zurich. Since then, he has regularly authored and co-authored sigma studies covering a broad spectrum of non-life insurance topics, including reinsurance and the London market.
His publications also include the co-authored articles “The Global Reinsurance Market”, in Handbook of International Insurance: Between Global Dynamics and Local Contingencies (2007), and “Continuity and Change in Reinsurance 1990-2016”, in Managing Risk in Reinsurance: From City Fires to Global Warming (2017).
The natural disasters demonstrate that economic factors, in the last two years augmented by inflation, are the main driver of elevated insured losses from natural catastrophes
Natural disasters resulted in global economic losses of USD 275 billion, of which USD 125 billion were covered by insurance, the fourth highest one-year total
For insurers, the main inflation impact will show in rising claims costs, more in non-life than life insurance in which policy benefits are defined at inception
