SAS Partners with Swiss Re to Enhance Insurer Risk Management
SAS has partnered with Swiss Re to help insurers improve their resilience against increasing catastrophe risks through AI-driven insights. The collaboration integrates Swiss Re's CatNet® natural catastrophe data with SAS' advanced actuarial and decision-making tools, enabling more accurate underwriting, pricing, and portfolio management. The partnership addresses the growing threat of secondary perils such as floods, hailstorms, and wildfires, which accounted for nearly all insured catastrophe losses in the U.S. in 2025 according to Swiss Re Institute. The solution offers real-time data integration, automated decisioning, enhanced risk steering, and improved governance. SAS and Swiss Re expect significant productivity gains from this collaboration, including a 95% increase in underwriting efficiency and a 40% rise in the number of risks reviewed per team member.
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