Latest Swiss Re Headlines

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

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...

Sustainable Re/Insurance Industry Vital in Uncertain World: Swiss Re’s Ojeisekhoba

Jul 16 2018 // Following Hurricane Katrina in 2005, former U.S. Vice President Al Gore described it as “the first taste of a bitter cup that will be proffered to us over and over again.”That devastating event killed more than...

Global Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re

Jul 16 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...

Survey Shows More Americans Believe There is ‘Solid Evidence’ of Global Warming

Jul 12 2018 // There’s a surefire way to get more people to believe in global warming.Just crank up the heat. A larger percentage of Americans say there is “solid evidence” of global warming than at any time since 2008,...

Swiss Re Corporate Solutions Names Kwan Head of Sales in West

Jul 11 2018 // Swiss Re Corporate Solutions has named Allen Kwan head of sales for the West region. Kwan will be responsible for the growth of the Western region, particularly within Los Angeles. Currently based in San Francisco, he will...

Swiss Re Corporate Solutions Names Link to Head E&S Casualty for North America

Jul 11 2018 // Swiss Re Corporate Solutions has named Diane Link as head of Excess and Surplus (E&S) Casualty for North America. Link will oversee North American E&S casualty business. Based in Chicago, Link succeeds Mike Kwan,...

Global Insurance Premiums Rise by 1.5% in 2017, Driven by Emerging Markets: Swiss Re

Jul 6 2018 // Global insurance premiums continued to rise in 2017 with emerging markets leading the way, according to a study published by Swiss Re Institute’s sigma, which is celebrating its 50th anniversary of market...

Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure

Jul 3 2018 // Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal across all lines of business.The thermal coal policy applies to both existing and new thermal coal...

Swiss Re-Backed Insurer FWD Weighs IPO in Hong Kong

Jun 27 2018 // Hong Kong billionaire Richard Li is laying the groundwork for a potential initial public offering of his insurance company FWD Group after five years of building the business through acquisitions, people familiar with the...

Engineering Insurance Results Deteriorate but Better Times Could Be Ahead: Swiss Re

Jun 14 2018 // Underwriting performance in global engineering insurance has deteriorated over recent years – on declining premiums and rising claims in some construction sectors due to poor quality control, according to Swiss Re in its...

Ningen Named CEO of Swiss Re Canada

Jun 4 2018 // Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica Scotti, who has been named chairperson for Global Partnerships. Ningen has 20 years...

Talks End without Softbank Stake in Swiss Re; Swiss Re Still Open to Other Investors

May 28 2018 // Swiss Re AG said it would continue to welcome an anchor investor after Masayoshi Son’s SoftBank Group Corp. ended its pursuit of a stake in the world’s second-largest reinsurer.The collapsed talks mark the end...

Talks Not Exclusive to SoftBank, Says Swiss Re CEO

May 4 2018 // Swiss Re said it was still in discussions with SoftBank on Friday about the Japanese group potentially taking a stake in the reinsurer but that a deal was not a sure thing.Swiss Re and its competitors have been under...

SoftBank Talks Over Buying Stake in Swiss Re Stalled: Bloomberg

May 2 2018 // Talks between billionaire Masayoshi Son’s SoftBank Group Corp. and Swiss Re AG about buying a stake in the world’s second-biggest reinsurer have come to a standstill, people familiar with the matter said.The...

Swiss Re Receives OK for Expanded South Africa License

May 2 2018 // Swiss Re’s reinsurance business unit has a newly-approved license for property/casualty business in South Africa. The move completes Swiss Re’s pan to re-domicile its Southern African P/C business onto the...

How Parametric Products Work to Supplement Indemnity Policies: RIMS

Apr 30 2018 // Corporate risk managers are buying parametric insurance policies to supplement, not replace, their indemnity-based policies.The parametric products worked well with customers hit by the 2017 hurricanes, according to Robert...