Recovery on cards: Swiss Re

However, it also raises concerns about the looming threat of regulation from European and national authorities, in a bid to crackdown on loose financial practices, which could risk the delicate 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". He highlighted the sector's top 30 companies were able to restore their capital during the economic downturn. "The global economy grew in the second half of 2009, but the recovery is still fragile. Growth will generally be below tre...