Latest Swiss Re Headlines

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

Reinsurers Maintain Upward Pricing Momentum-But Will It Last?

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...

Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution

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...

Brokerslink Network Forms Agreement with Swiss Re Corporate Solutions

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,...

Berkshire’s MedPro Acquires Swiss Re Corporate Health Care Liability Business

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...

Marsh JLT Specialty Aviation Hires 4 Execs from Aon, Global Aerospace and Swiss Re

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...

Swiss Re Corporate Solutions Appoints Semprini from HDI Global as Head Italy

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...

Re/insurers Rethink Climate Change Risks as Losses Grow from Wildfires, Floods, Hail

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...

Global Policymakers Must Focus on Strengthening Economic Resilience: Swiss Re

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...

42% of $44 Billion Global Catastrophe Losses in First Half Were Insured: Swiss Re

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...

Swiss Re-Backed Insurer FWD Eyes China Expansion Ahead of Potential IPO

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...

Swiss Re H1 Profit Hit by Ethiopian Airlines Crash, Grounding of Boeing 737 MAX

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...

Data-Deprived Auto Insurers Cautious About Discounts for Advanced Safety Features

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...

Brit Global Specialty USA Adds Swiss Re’s Zillgitt, Redstone’s Magee

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...

Swiss Re Postpones $4B ReAssure IPO, Citing Weak Investor Demand

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...

Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re

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...

Higginbotham Named Swiss Re’s CEO Reinsurance Asia, Replacing Plunkett

Jun 27 2019 // Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance Asia and regional president, effective July 8, 2019, and subject to necessary regulatory approvals. He is succeeding Jayne Plunkett, who has...

Swiss Re’s UK Unit ReAssure to Be Valued at up to $4.2B in IPO

Jun 27 2019 // UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on the London Stock Exchange, its largest shareholder Swiss Re said on Thursday.Swiss Re, the world’s...

Swiss Re’s UK Unit, ReAssure, Gets Ready for IPO in July

Jun 14 2019 // Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the business firepower to expand its closed life and pension business.The company is expected to...

Swiss Re Plans IPO of $4.5 Billion UK Subsidiary ReAssure

Jun 7 2019 // Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put it under a more favorable regulatory regime and give it easier access to capital to fund its expansion.ReAssure,...

Henchoz Succeeds Wallin as Hannover Re’s Chief Executive Officer

May 8 2019 // Hannover Re announced that Jean-Jacques Henchoz has stepped into the role of chief executive officer, succeeding Ulrich Wallin who is retiring.Prior to joining Hannover Re, Henchoz had been in charge of the region Europe,...