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$600m of Thai flood losses fall to Swiss Re

Thailand floods

Swiss Re estimates its claims costs from severe flooding in Thailand will be $600m of the $11bn total losses.

The estimate is net of retrocession and before tax. Water levels remain high in some areas, making it
difficult to assess losses accurately. Estimates, therefore, remain subject to significant

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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