Jonathan Progin

Fun fact: 5% of Swiss citizens who own physical gold opt to bury their precious metal in their gardens at home. Collectively, the gold reserves held by the Swiss are valued at 15 billion Swiss francs. fuw.ch/edelmetallstud…

Swiss Re, yet again! #SwissRe has issued a warning over sharply rising costs for the insurance industry due to political unrest. The protests in New Caledonia in May 2024 alone cost insurers $1 billion. #Insurance #FuW $SREN fuw.ch/swiss-re-schla…

Chubb? The largest Swiss company you’ve never heard of. Headquartered near Zurich’s Paradeplatz, @Chubb is an insurance giant with a market cap of $114bn—bigger than #UBS. Time for a deep dive @FuW_News #insurance fuw.ch/chubb-der-groe…

Trouble ahead? Big reinsurer Swiss Re may miss its profit target due to high losses from major hurricane #Milton. #Insurance #SwissRe $SREN #Hurricane fuw.ch/hurrikan-milto…

Now free to read: Swiss Re faces legal battle over planes stuck in Russia after the invasion of #Ukraine. $SREN #SwissRe

🇦🇷 In Argentinien geht es, nach knapp einem Jahr unter Präsident Javier Milei, jetzt Schlag auf Schlag. Wurden zuletzt die öffentlichen Unis finanziell vernichtet, ist jetzt die Gesundheit dran. 🧵

From Russia with Love... $SREN fuw.ch/swiss-re-steht…

Power, people & politics - central forces behind OpenAI’s news from this week. My @ftweekend lunch w/Signal’s mer__edith addresses these exact themes: the economic forces that shape AI’s impact, power of workers & the need for alternative models of tech. on.ft.com/4ek2qDI

#PrivateEquity is coming for the ultra-wealthy. They have become the new favorite target group, expected to invest massive amounts of capital into the funds of firms like Partners Group, KKR, and others. $PGHN #FuW fuw.ch/private-equity…

politikwissenschaftler studieren 10 jahre um zu sagen dass die volksparteien in der krise stecken

So will der Bund in den nächsten Jahren sparen: Kinderbetreuung, Klima, AHV, Forschung, Bildung, Verkehrsinfrastruktur. Bekanntlich alles unwichtige Dinge. So packt man die Zukunft erfolgreich an.

@olivierpmueller Of course, you're absolutely right!

@jprogin Thank you for pointing that out. I think that future climate-related losses should be of great concern especially also for investors. Investment professionals taking fiduciary duty serious are well advised to have an eye on this going forward!

Climate-related losses across Europe should be a concern not only for those directly affected, but also for insurers, policymakers and governments alike. #ClimateCatastrophe #Insurance

Greetings from Monte Carlo! (no paywall) fuw.ch/swiss-re-munic…

Professorengehalt und Einsitz in behördlichen Gremien. Anonyme Mäzene, die die öffentl. Meinung beeinflussen. Medien, die allzu gerne steile Thesen übernehmen. All das ist Teil von Christoph Schalteggers Ideologiemaschine. Unsere Recherche @Wochenzeitung. woz.ch/2435/finanzpol…

Tamedia ferme des imprimeries - © Chappatte dans @LeTemps , Genève 👉 chappatte.com/fr/fermeture-i…

"Worst movie ever"

Swiss Re's $SREN HY results today show again why reinsurance continuous to be the sweet spot of the insurance industry 📈

Competition, cost pressure: #AssetManagement is no longer a piece of cake for 🇨🇭insurers. Scale advantages are key. While $SLHN has set the course, $BALN and $HELN are losing ground. For asset managers and insurers, M&A could be a potential breakthrough. fuw.ch/swiss-life-hel…

Many thanks to Marco Tancredi for the awesome illustration!