All the headlines from our Swiss Re Topic Page, ordered by recency.
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,...
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...
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...
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...
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...
Oct 24 2019 // Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019 will continue during the coming January renewals and beyond.The...
Oct 22 2019 // Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit they are sometimes challenged to close the protection gap for new and emerging risks such as...
Oct 18 2019 // Brokerslink announced a strategic agreement for Swiss Re Corporate Solutions to develop a dedicated international insurance program management platform for the organization’s broker network.The new business platform,...
Oct 14 2019 // Berkshire Hathaway health care liability insurance unit MedPro Group has agreed to acquire the healthcare professional liability business of Swiss Re Corporate Solutions effective Oct. 11.The agreement includes hospital...
Oct 9 2019 // Marsh, the insurance broker and risk adviser, announced four senior appointments to Marsh JLT Specialty’s Aviation Practice in London and New York.In London, Tony Ambrose and Martyn Holland are set to join as...
Sep 23 2019 // Swiss Re Corporate Solutions has appointed Francesco Semprini as head Italy, effective Nov. 1, 2019. Based in Milan, Semprini will be responsible for managing the strategy, development and performance of Swiss Re Corporate...
Sep 20 2019 // By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer...
Aug 27 2019 // A decade after the last financial crisis, attention is too focused on what central bankers can do to prevent the next one, according to Swiss Reinsurance Co.With liquidity taps open and policy rates stuck in a “black...
Aug 16 2019 // Natural catastrophes and man-made disasters in the first half of 2019 were responsible for USD $44 billion of economic losses globally, according to Swiss Re Institute’s preliminary sigma estimates.This figure is...
Jul 31 2019 // Fast-growing insurer FWD is seeking to launch operations in China ahead of any public offering and plans to bolster its non-life business in Asia, its chief executive said, as a potential shake-up looms in the...
Jul 31 2019 // Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of the Boeing 737 MAX, plus natural catastrophes took their toll.The world’s...
Jul 26 2019 // Automakers are accelerating the rollout of technology designed to avoid crashes, but insurance companies are waving a caution flag at consumers eyeing discounts for buying collision-avoiding brakes or automated cruise...
Jul 12 2019 // Brit Global Specialty USA has named Garick Zillgitt as vice president, Primary General Liability, and Justin Magee as vice president, Excess Casualty.Zillgitt and Magee will both be based in California in Walnut Creek and...
Jul 11 2019 // Reinsurance group Swiss Re suspended plans for a $4.1 billion initial public offering of British life insurer ReAssure on the day it was set to start trading in London, citing weak demand from institutional investors.The...
Jul 8 2019 // Carriers’ expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018, Swiss Re said in its latest sigma report.That growth came generally from property/casualty...