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International

Swiss Re expects emerging markets to contribute 50% of its revenue growth over next decade

April 25, 2016 Reprints

Swiss Re Ltd. chairman Walter Kielholz has said that the reinsurer expects 50% of its revenue growth to come from emerging markets in the coming decade, reported Reuters.

"Our premium volume in these markets has increased in the last 10 years from around 8% in 2005 to well over 20%," said Mr. Kielholz. "Urban growth, a newly emerging middle class and complex industrial sectors will continue to support the demand for risk transfer solutions" in these markets, added Mr. Kielholz.

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Swiss Re expects emerging markets to contribute 50% of its revenue growth over next decade

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