All the headlines from our Swiss Re Topic Page, ordered by recency.
Apr 4 2018 // Billionaire Masayoshi Son’s SoftBank Group Corp. is likely to take a stake of 10 percent or less in Swiss Re AG as it seeks to gain a foothold in the cash-rich reinsurance industry. The Swiss company’s shares...
Mar 29 2018 // Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying a quarter of the company, valuing the reinsurer at as much as 37 billion francs ($39...
Mar 5 2018 // Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to industry experts.“One...
Feb 23 2018 // Swiss Re AG’s chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son’s SoftBank Group Corp.In a business where results can change radically from one year...
Feb 13 2018 // It has almost become a refrain: just what is Masayoshi Son up to? After plowing money into companies as diverse as Uber Technologies Inc., office rental specialist WeWork Cos Inc. and fintech lender SoFi, the billionaire...
Feb 7 2018 // Swiss Re said it is in preliminary talks to sell a minority stake to SoftBank Group – a deal that reportedly could be worth $10 billion or more, in what would be the Japanese firm’s biggest financial services...
Feb 7 2018 // Although clear challenges can come with the increasing cost and frequency of global natural disasters, there could also be untapped opportunity for insurers to tackle coverage gaps, according to panelists at the Insurance...
Jan 25 2018 // RSA’s UK & International business has appointed Tony Buckle and Rob Gibbs as managing directors of Global Risk Solutions (GRS) and Commercial Risk Solutions (CRS), respectively.Tony Buckle will join RSA on Feb....
Jan 17 2018 // The insurance protection gap. It’s a phrase that will be increasingly heard over the coming years – because it is getting bigger. The protection gap is the difference between insured losses and total economic...
Jan 3 2018 // Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in the Lloyd’s and...
Dec 20 2017 // Swiss Re AG estimates that global insured losses from catastrophes in 2017 will hit $136 billion, the third-highest on record for the sector, with the United States hardest hit, it said on Wednesday.Total economic losses...
Dec 18 2017 // John Keane, president of The Keane Insurance Group, founded the Keane Charitable Group in 2010 after the earthquake in Haiti. Since then, The Keane Group has raised more than $1 million to build an orphanage, a well, a...
Dec 8 2017 // Swiss Re announced that John Dacey, currently group chief strategy officer, has been appointed group chief financial officer, effective April 1, 2018. He succeeds David Cole, who will step down to pursue a non-executive...
Dec 8 2017 // Insurance Australia Group Ltd. said on Friday it will share 12.5 percent of its premiums and costs with Munich Re, Swiss Re and Hannover Re, in a series of deals that will release capital for Australia’s biggest...
Dec 6 2017 // Coalition is making its formal debut into the cyber insurance space, but with a twist. The San Francisco-based startup is also a cybersecurity firm.Founded in March 2017, Coalition is co-founded by technology entrepreneurs...
Dec 6 2017 // Swiss Re has agreed to purchase 1.1 million life insurance policies from UK insurer Legal & General Group (L&G) for £650 million ($873.6 million).These policies will be managed by ReAssure, Swiss Re’s closed...
Dec 4 2017 // Non-life re/insurers’ full-year underwriting results are likely to be severely affected by the second half of the year’s three hurricanes and earthquakes in Mexico–which will lead to rate hardening for...
Nov 22 2017 // Non-life re/insurers’ full-year underwriting results are likely to be severely impacted from the second half’s three hurricanes and earthquakes in Mexico, which will lead to rate hardening for non-life insurers...
Nov 13 2017 // After one of the worst Atlantic hurricane seasons in history, the world’s biggest insurers say the industry needs to get its act together if it wants to survive climate change.Insuring against weather natural...
Nov 2 2017 // A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from almost half a billion dollars of losses in the first nine months of this year, it said on...