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European reinsurers rise as hurricane losses appear less than feared

BUZZ-European reinsurers rise as hurricane losses appear less than feared ** Shares in European reinsurers rise as insured losses from hurricanes Helene and Milton in the U.S. may not be as high as originally feared ** "The latest update signals a more southernly direction, and our best guess for insured losses is now around the $50bn mark," Citi says in a note ** "We moved away from the most catastrophic scenarios.
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Hurricane Milton could cost insurers up to $100 billion, analysts say

UPDATE 3-Hurricane Milton could cost insurers up to $100 billion, analysts say Milton loss could reach $100 billion, matching Katrina Possible loss of $60 billion would be similar to Ian Reinsurance rates could increase and boost shares Updates with details from S&P Global report in paragraphs 10-11 By Carolyn Cohn and Noor Zainab Hussain LONDON, Oct 9 (Reuters) - Hurricane Milton could result in losses of up to $100 billion for the global insurance industry, creating a surge in 2025 reinsurance
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Hurricane Milton could cost insurers up to $100 bln, analysts say

UPDATE 2-Hurricane Milton could cost insurers up to $100 bln, analysts say Milton loss could reach $100 bln, matching Katrina Possible loss of $60 bln would be similar to Ian Reinsurance rates could increase and boost shares Rewrites paragraph 1, adds Morningstar DBRS in paragraph 3 By Carolyn Cohn and Noor Zainab Hussain LONDON, Oct 9 (Reuters) - Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could b
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Hurricane Milton could cost insurers $60 bln, raise reinsurance rates, RBC says

Hurricane Milton could cost insurers $60 bln, raise reinsurance rates, RBC says Hurricane Milton loss could be $60 bln, similar to Hurricane Ian in 2022- RBC Milton due to hit Florida's Gulf Coast late Wednesday/early Thursday Rreinsurance rates could rise, boosting shares LONDON, Oct 9 (Reuters) - Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies' shares, analysts at RBC C
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Reinsurers on watch for Hurricane Milton impact

LIVE MARKETS-Reinsurers on watch for Hurricane Milton impact STOXX 600 down 0.6% Miners, luxury lag Hong Kong stocks sink Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com REINSURERS ON WATCH FOR HURRICANE MILTON IMPACT The densely populated west coast of Florida, still reeling from the devastating Hurricane Helene less than two weeks ago, is bracing for land
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DAE, AXA clinch deal as UK battle over jets 'lost' in Russia kicks off

UPDATE 1-DAE, AXA clinch deal as UK battle over jets 'lost' in Russia kicks off Lessor DAE reaches settlement with Western insurer AXA Aircraft lessors sue over billions of dollars in unpaid claims Five disputes against different insurers rolled into one trial Hundreds of aircraft remain in Russia after Ukraine invasion Trial marks start of one of biggest UK insurance battles Recasts with DAE, AXA settlement By Kirstin Ridley and Sam Tobin LONDON, Oct 2 (Reuters) - Aircraft lessor Dubai Aerospac
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Global insurers fight London court battle over jets 'lost' in Russia

Global insurers fight London court battle over jets 'lost' in Russia Aircraft lessors sue over billions of dollars in unpaid claims Five disputes against different insurers rolled into one trial Hundreds of aircraft remain in Russia after Ukraine invasion Trial marks start of one of biggest UK insurance battles By Kirstin Ridley and Sam Tobin LONDON, Oct 2 (Reuters) - Insurers are playing "pass the liability parcel" in a desperate fight against multi-billion dollar claims over aircraft stranded
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Vontobel assesses obesity drugs impact for Swiss insurers, med-tech companies

BUZZ-Vontobel assesses obesity drugs impact for Swiss insurers, med-tech companies ** Vontobel estimates the market potential for obesity drugs in the U.S. to reach a three-digit billion U.S. dollar amount and picks Swiss Re SRENH.S and Ypsomed YPSN.S as the most likely to profit from it ** Among Swiss life insurers, Swiss Re could benefit the most from a rising demand in life and health reinsurance, with a market share of about 15%, as obesity drugs improve life expectancy, it says ** Its posit
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Europe's STOXX 600 corporate earnings week ahead

DIARY-Europe's STOXX 600 corporate earnings week ahead Sept 6 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start Date Start Time(GMT) RIC Company Name Event Name 09-Sep-2024 20:00 ASML.AS ASML Holding NV ASML Holding NV Meet the Management: Lung Cancer and QCS Presentation 09-Sep-2024 NTS IETB.BR D'Ieteren Group SA Half Year 2024 D'Ieteren Group NV Earnings Release 09-Sep-2024 12:15 SRENH.S Swiss Re AG Swiss Re AG Media Confer
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Air Liquide, Novo Nordisk, Syensqo

EUROPE RESEARCH ROUNDUP- Air Liquide, Novo Nordisk, Syensqo Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Air Liquide, Novo Nordisk and Syensqo, on Thursday. HIGHLIGHTS * Air Liquide AIRP.PA : Morgan Stanley cuts to underweight from equal-weight * Lanxess AG LXSG.DE : Morgan Stanley raises to overweight from underweight * Novo Nordisk NOVOb.CO : JP Morgan raises target price to DKK 1050 from DKK 950 * Swiss Life Holding AG
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Swiss stocks - Factors to watch on Thursday, September 5

Swiss stocks - Factors to watch on Thursday, September 5 ZURICH/GDANSK, Sep 5(Reuters) - Here are some of the main factors that may affect Swiss stocks on Thursday: LOGITECH INTERNATIONAL SA LOGN.S Logitech International founder Daniel Borel on Wednesday failed in his attempt to oust Chairperson Wendy Becker, having accused her of failing to provide leadership at the maker of computer mice and keyboards.
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4PM Hourly update

4PM Hourly update Please add/update the following to the Reuters Daybook for Thursday, August 29: (STATE-FOOD-POPULATION) ADVISORY -- At 4 a.m. ET, Asia Society Switzerland and the Swiss Re Institute hold a webcast of a forum in Zurich to discuss "Shaping a Sustainable Food System to Feed Everyone." Alexandra Brand, executive vice president of sustainability and corporate affairs at Syngenta; Samuel Goh, senior policy specialist at the Good Food Institute Asia Pacific; Christine Schafer, senior
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Argenx, Glencore, Volvo Car

EUROPE RESEARCH ROUNDUP- Argenx, Glencore, Volvo Car Aug 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Argenx, Glencore and Volvo Car, on Friday. HIGHLIGHTS * Argenx SE ARGX.BR : JP Morgan raises target price to EUR 570 from EUR 470 * Glencore GLEN.L : Morgan Stanley cuts target price to 470p from 480p * Rockwool A/S ROCKb.CO : Morgan Stanley raises PT to DKK 3023 from DKK 2664 * Swiss Re AG SRENH.S : RBC raises target price t
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Swiss stocks - Factors to watch on August 23

Swiss stocks - Factors to watch on August 23 ZURICH/GDANSK, Aug 23 (Reuters) - Here are some of the main factors that may affect Swiss stocks on Friday: COMPANY STATEMENTS LUZERNER KANTONALBANK AG LUKN.S Reports H1 profit up by 13.1%. NESTLE NESN.S Replaces on Thursday CEO Schneider with company veteran Freixe. ANALYSTS' VIEWS SWISS RE SRENH.S - RBC RAISES TARGET PRICE TO CHF 120 FROM CHF 114 ECONOMY No major Swiss economic data scheduled.
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European stocks rise on rate cut hopes, healthcare sector hits record high

UPDATE 2-European stocks rise on rate cut hopes, healthcare sector hits record high For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Euro zone business activity gets boost from Olympics- PMI ECB policymakers shift focus to September meeting UK's JD Sports gains on Q2 sales rise GN hits bottom of STOXX as earnings miss expectations DB rises after settlement with some plaintiffs STOXX 600 up 0.4% Updated at 1600 GMT By Ankika Biswas and Pra
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Swiss Re up after better-than-expected H1 net profit

BUZZ-Swiss Re up after better-than-expected H1 net profit ** Swiss reinsurance company Swiss Re SRENH.S beat expectations with its H1 net profit results, with its shares rising 1.2% in Julius Baer premarket indications ** H1 net profit came in at $2.09 billion, above expectations of $2.02 billion in a poll conducted by Vara Research ** The results leave Swiss Re 16% ahead of where they need to be in order to meet their full year guidance, Vontobel says ** "It is hard to see how the company won't
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It's beginning to look a lot like rate cuts

LIVE MARKETS-It's beginning to look a lot like rate cuts Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com IT'S BEGINNING TO LOOK A LOT LIKE RATE CUTS With the vast majority of Fed policymakers ready to go on interest rate cuts, a global easing cycle beckons.
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Swiss Re Q2 Profit At $996 Mln

BRIEF-Swiss Re Q2 Profit At $996 Mln Aug 22 (Reuters) - SWISS RE AG SRENH.S : RETURN ON INVESTMENTS (ROI) OF 4.0%; RECURRING INCOME YIELD OF 4.0% SWISS RE MAINTAINS ITS FULL-YEAR TARGETS PROPERTY & CASUALTY REINSURANCE (P&C RE) H1 2024 NET INCOME OF USD 989 MILLION; COMBINED RATIO OF 84.5% LIFE & HEALTH REINSURANCE (L&H RE) H1 2024 NET INCOME OF US
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Swiss Re reports 17% rise in net profit, in line with expectations

CORRECTED-UPDATE 1-Swiss Re reports 17% rise in net profit, in line with expectations Corrects percentage change to 17% (not 44%) in headline and paragraph 1, corrects year-earlier figure to $1.79 billion (not $1.45 billion) in paragraph 3 FRANKFURT, Aug 22 (Reuters) - Reinsurance company Swiss Re SRENH.S said on Thursday that net profit rose 17% in the first six months of the year, roughly in line with expectations, and it maintained its full-year targets.
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Swiss Re reports 17% rise in net profit, in line with expectations

CORRECTED-Swiss Re reports 17% rise in net profit, in line with expectations Corrects percentage change to 17% (not 44%) in headline and paragraph 1, corrects year-earlier figure to $1.79 billion (not $1.45 billion) in paragraph 2 FRANKFURT, Aug 22 (Reuters) - Reinsurance company Swiss Re SRENH.S said on Thursday that net profit rose 17% in the first six months of the year, roughly in line with expectations, and it maintained its full-year targets.
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