All the headlines from our Swiss Re Topic Page, ordered by recency.
Aug 17 2017 // Swiss Re Corporate Solutions has created a global Contingency and Sports Personal Accident (PA) team and appointed Jonathan Cole as head Contingency and Sports PA, effective immediately.Cole will be responsible for...
Aug 17 2017 // The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and policy terms without a significant drop in their business volumes, despite relentless soft market...
Aug 10 2017 // Almost 25 years have passed since a Category 5 hurricane struck south of Miami, and the city’s vulnerability to catastrophic storm damage has grown exponentially, according to a new insurance underwriters’...
Aug 3 2017 // A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly.A report released today alleges that...
Jul 27 2017 // Climate change may pose a serious risk to the nation’s electric grid, according to a new report.The report was prepared by Johns Hopkins University with help from Swiss Re. “Lights out: The risks of climate and...
Jul 7 2017 // Swiss Re has partnered with Ping An Property & Casualty Insurance Co. of China Ltd. to launch China’s first mobile-enabled typhoon property parametric insurance solution.This solution is designed to provide an...
Jul 7 2017 // Swiss Re is switching the entire $130 billion it holds in liquid assets to track ethical indices, the latest move towards principled investments by the insurance industry.The world’s second-largest reinsurer is 90...
Jul 6 2017 // Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in 2015, according to Swiss Re Institute’s sigma study.The report described last year’s...
Jul 6 2017 // Zurich Insurance Group’s board of directors announced it will elect the former group CEO of Swiss Re, Michel M. Liès, as its new chairman. The election will be held at the group’s annual general meeting on...
Jun 19 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Jun 13 2017 // Reduced market access, regulatory fragmentation, the return of inflation and cloud risk accumulation pose the largest challenges with the highest downside risk potential in the short term, according to experts at Swiss...
Jun 12 2017 // Swiss Re Corporate Solutions announced it has opened an office in Manchester, UK, in order to grow its regional commercial insurance portfolio.The operation will serve large and upper mid-sized companies through national...
Jun 6 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
May 25 2017 // Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. Rake will move from his current position as head South East Asia and assumes the new role on July 1, 2017.He succeeds Fred...
May 24 2017 // Swiss Re Corporate Solutions has appointed Fred Kleiterp as CEO Europe, Middle East, Africa (EMEA), effective July 1, 2017.In this role, Kleiterp will be responsible for managing the strategy, development and performance...
May 23 2017 // Swiss Re Capital Markets Corp. has successfully structured and placed the issuance of $925 million of insurance-linked securities for the California Earthquake Authority. Swiss Re Capital Markets underwrote the transaction...
May 4 2017 // Swiss Re reported net income of US$656 million during the first quarter of 2017, a 45 percent drop from $1.2 billion reported in the same period last year.Swiss Re’s Q1 result was hammered by expected claims from...
Apr 25 2017 // The Geneva Association and the International Insurance Society (IIS) announced the 2017 winner of their collaborative insurance research program, the Shin Research Excellence Awards.Thomas Holzheu and Ginger Turner of...
Apr 18 2017 // Swiss Re plans to launch in 2018 a subsidiary in Singapore, which will become the company’s regional headquarters for its reinsurance operations in Asia.The company, Swiss Re Asia, will be wholly owned by its...
Apr 13 2017 // Cyclone Debbie cost Swiss Re an estimated $350 million and the insurance industry roughly $1.3 billion, the world’s second-biggest reinsurer said on Thursday, an unusually high loss that could see reinsurance prices...