Latest Swiss Re Headlines

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

Swiss Re Corporate Solutions Appoints Tardif as Head Aviation Canada

Nov 15 2018 // Swiss Re Corporate Solutions has appointed Simon Tardif as head Aviation Canada, effective Oct. 29, 2018. In this role, Tardif will be responsible for the growth and strategy of the aviation team across Canada.He has...

Swiss Re Taps XL’s LaRocca to Lead Property/Specialty Lines North America

Nov 7 2018 // Swiss Re Corporate Solutions appoints Michael LaRocca as head of Property & Specialty Lines North America, effective November 7, 2018.In this role, LaRocca will be responsible for managing the strategy, development and...

Update: Swiss Re Weighs Investment in Chinese Insurer Anbang, Say Sources

Oct 21 2018 // China’s attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to Swiss Re AG size up the embattled insurer and its overseas operations.Cerberus and Swiss...

Swiss Re to Post ‘Large’ Q3 Losses from Italy Bridge Collapse, Natural Disasters

Oct 18 2018 // Swiss Re AG said it will post relatively “large” losses from claims in the third quarter, as man-made disasters including the collapse of a bridge in Italy add to damage from storms.Natural disaster claims,...

Swiss Re Corporate Solutions Adds Sullivan in Illinois

Oct 10 2018 // Swiss Re Corporate Solutions has named Chris Sullivan head sales in the central region.Sullivan will be based in Chicago, Ill., and responsible generating new business, managing relationships with brokers and driving...

Swiss Re Taps Berger From Allianz as CEO Corporate Solutions, Replacing Galvagni

Sep 24 2018 // Swiss Re announced that Andreas Berger, currently chief regions & markets officer and member of the board of management of Allianz Global Corporate & Specialty SE, has been appointed CEO Corporate Solutions and...

San Francisco May Screen Insurers for Their Fossil Fuels Investments

Sep 17 2018 // The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try to force insurance companies to stop insuring and investing in fossil fuels.In July, the board voted unanimously...

Mullarkey to Head Canada Property & Energy for Swiss Re Corporate Solutions

Sep 14 2018 // Swiss Re Corporate Solutions has named Jamie Mullarkey as head of Property & Energy, Canada. In this role, Mullarkey leads property and energy underwriting in Canada with teams based in Toronto and Vancouver. He...

Swiss Re Corporate Solutions Names Marsh’s Codding as Global Cyber Chief

Sep 6 2018 // Swiss Re Corporate Solutions has appointed Sandy Codding as global head of Cyber & Technology. In this role, Codding is responsible for overseeing cyber and technology underwriting guidelines, rating methodology,...

ILS Issuance in H1 Tops $7B, Reflecting Capital Markets’ Re/Insurance Appetite: Swiss Re

Aug 31 2018 // The first half of 2018 aptly demonstrated that the insurance-linked securities (ILS) market has an undiminished appetite to provide re/insurance protection – despite last year’s expensive insured natural...

Cybercube in California Adds Swiss Re’s Weber to Board

Aug 29 2018 // CyberCube has added Matthias Weber to its board of directors. Weber was previously group chief underwriting officer and member of the group executive committee at Swiss Re. San Francisco, Calif.-based CyberCube is a...

Swiss Re Names Higginbotham as CEO Reinsurance EMEA, Succeeding Henchoz

Aug 24 2018 // Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance EMEA and regional president EMEA and member of the group executive committee, effective Sept. 1, 2018.Higginbotham succeeds Jean-Jacques...

Hannover Re’s CEO Wallin to Retire, Succeeded by Swiss Re’s Henchoz

Aug 22 2018 // Hannover Re announced that Chief Executive Officer Ulrich Wallin will retire following the company’s annual general meeting on May 8, 2019. He will be succeeded on that date by Jean-Jacques Henchoz (53), who has been...

Swiss Re’s DePiero Joins Sompo Pro’s U.S. Cyber Practice

Aug 20 2018 // Richard DePiero has joined Sompo Pro, the U.S. professional liability insurer unit of Sompo International, as senior vice president, U.S. Cyber Product leader. DePiero will be responsible for Sompo Pro’s U.S. cyber...

Global Insured Catastrophe Losses Decline to $20 Billion in H1: Swiss Re

Aug 16 2018 // Global insured losses from natural catastrophes and man-made disasters during the first half of 2018 were US$20 billion, down from US$30 billion in H1 2017, according to Swiss Re Institute’s latest sigma study.On the...

Swiss Re Corporate Taps Grabowski to be Head of Middle Market Casualty

Aug 10 2018 // Swiss Re Corporate Solutions has named Chris Grabowksi as head of Middle Market Casualty, responsible for overseeing a team of middle market underwriters across North America and working with brokers and clients. Based in...

Frontline Insurance Secures First Cat Bond of $350M for Southeast Storms

Aug 6 2018 // Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe...

Swiss Re Weighs IPO for UK Closed-Book Business; Pricing Pressures Hit Earnings

Aug 3 2018 // Pricing pressure in the reinsurance industry weighed on Swiss Re’s first-half earnings, overshadowing a drop in natural-catastrophe claims. The company said it’s exploring an initial public offering for its...

Frontline Insurance Secures First Cat Bond of $350M for Southeast Storms

Jul 31 2018 // Swiss Re Capital Markets has structured and placed the issuance of $350 million of insurance-linked securities by Frontline Re Ltd. on behalf of Frontline Insurance. The transaction is Frontline’s debut catastrophe...

San Francisco May Screen Insurers for Their Fossil Fuels Investments

Jul 26 2018 // The San Francisco Board of Supervisors has become what is believed to be the first U.S. municipal body to try to force insurance companies to stop insuring and investing in fossil fuels.The board on Tuesday voted...