Swiss Re predicts continued growth but warns of regulatory threat

However it also raised concerns about the looming threat of regulation from European and national authorities in a bid to crackdown on loose financial practices that could risk the fragile improvement. Thomas Hess, Chief Economist at Swiss Re, speaking at the reinsurer's annual economic forum, said he was "a little bit more confident than a year ago." Hess highlighted that the top 30 companies were able to restore their capital throughout the year as both insurance and reinsurance markets continued to perform well during the economic downturn. He said: "The global economy grew in t...