Latest Swiss Re Headlines

All the headlines from our Swiss Re Topic Page, ordered by recency.

Update: Swiss Re Plans to Make UBS CEO Ermotti Its Chairman in 2021

Mar 3 2020 // Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant insurance...

Swiss Re Will Absorb Poor 2019 Earnings, Says S&P

Feb 21 2020 // S&P Global Ratings said that even though Swiss Re performed materially below expectation for its 2019 earnings, the ratings agency expects the group to maintain its risk-based capital above the “AA” level,...

BHSI Taps Swiss Re’s Weinmann to Head Customer & Broker Engagement in Germany

Feb 20 2020 // Berkshire Hathaway Specialty Insurance (BHSI) announced further expansion of its European team, naming Daniel Weinmann as head of Customer & Broker Engagement in Germany.Weinmann comes to BHSI with more than 20 years...

Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims

Feb 20 2020 // Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, sending its shares lower.Net...

Swiss Re’s iptiQ and IKEA Partner to Offer Home insurance

Feb 18 2020 // Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price, said Swiss Re in a statement.HEMSÄKER, which can be purchased online via the...

Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report

Feb 10 2020 // Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, according to Swiss Re’s latest...

Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report

Feb 3 2020 // Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the latest sigma report...

Swiss Re Corporate Taps Ex-Allianz Exec Willauer as Head Property & Specialty, EMEA

Jan 28 2020 // Swiss Re Corporate Solutions has appointed Bianca Willauer as head Property & Specialty Lines, Europe, Middle East and Africa (EMEA), effective Feb. 1, 2020.In this role, Willauer will be responsible for the...

Starr Insurance Names Swiss Re’s O’Ryan as Canadian Manager, General Aviation

Jan 8 2020 // Starr Insurance Cos. has appointed Paul O’Ryan as Canadian territory manager, general aviation, effective Jan. 6.O’Ryan joins Starr from Swiss Re where he was head of General Aviation Americas in Toronto for...

Insured Losses in 2019 Estimated at $56B, Down from $93B Last Year: Swiss Re

Dec 20 2019 // Global insured losses in 2019 dropped to an estimated US$56 billion, from US$93 billion in 2018 and below the annual average (US$75 billion) of the previous 10 years, according to preliminary sigma estimates from Swiss Re...

Starr Taps Swiss Re’s Nawrath as Underwriting Chief for New Aviation Unit in Germany

Dec 18 2019 // Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace...

Swiss Re to Sell U.K. Insurer ReAssure to Phoenix Group for $4.3B in Cash, Shares

Dec 6 2019 // Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc.As part of the agreement, which values ReAssure at £3.25 billion ($4.3 billion), Swiss Re will receive a...

Swiss Re Corporate Solutions ONE Form Offers Standardized Global Property Policy

Dec 4 2019 // Swiss Re Corporate Solutions has launched ONE Form, a tool designed to create standardized master and local policies.The ONE Form wording enables the closest possible alignment of master and local policies, while...

Insurance Premiums to Grow 3% Despite Economic Slowdown: Swiss Re

Nov 14 2019 // Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report.Rising lost costs will fuel the moderate but steady...

Swiss Re Names Mazzoleni Neglén as Head of Customer Experience, Global Sales

Nov 13 2019 // Swiss Re Corporate Solutions (SRCS) has appointed Loredana Mazzoleni Neglén as head Customer Experience & Global Sales Steering, effective Feb. 1, 2020.In this newly created role, Mazzoleni Neglén “will be...

Are Employees Pushing Insurers to Shun Coal in Climate Change Movement?

Nov 7 2019 // Seventeen insurers have restricted insurance services to coal projects in the past two years.A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz,...

China Pacific Eyes Swiss Re Stake but Real Target Might Be London Listing: Opinion

Nov 7 2019 // It’s a deal linking Shanghai and Zurich, but the real target looks to be London.China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported...

Swiss Re’s Kaplan Joins North Carolina-Based AmWINS Group

Nov 7 2019 // AmWINS Group, Inc., a global distributor of specialty insurance products and services, has named Alex Kaplan executive vice president for Alternative Risk.In his new role, Kaplan will lead a new strategy around the...

Swiss Re Explores Investment in China Pacific Insurance

Nov 6 2019 // Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the Chinese company’s securities, the Swiss reinsurer said on Wednesday.Swiss Re declined to comment on a separate...

Swiss Re and Pioneer to Offer Telematics Solution for Insurers in 2020

Oct 31 2019 // Swiss Re and Tokyo-based car electronics company Pioneer Corp. have co-developed a telematics solution that provides insurers with more personalized risk assessment, thereby supporting safer driving behavior.The telematics...