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Myb News · Oct 29, 2026

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US construction spending hits roughly $2.2 trillion this year Monica Ningen, the CEO of U.S. Property and Casualty Reinsurance for Swiss Re, says reinsurance helps manage massive risks. Global natural catastrophes cause at least $100 billion in insured losses every year. This financial backing gives investors confidence to fund major projects like data centers and factories. For the full story

*US construction spending hits roughly $2.2 trillion this year* Monica Ningen, the CEO of U.S. Property and Casualty Reinsurance for Swiss Re, says reinsurance helps manage massive risks. Global natural catastrophes cause at least $100 billion in insured losses every year. This financial backing gives investors confidence to fund major projects like data centers and factories. *For the full story* https://mybnews.com/a/swiss-re-reveals-the-hidden-financial-engine-behind-america-s-2-2-tril

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