Latest Swiss Re Headlines

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

XL Catlin Names Swiss Re’s Bewlay as Global Chief Underwriter for Casualty

Apr 10 2017 // XL Catlin’s insurance operations has named Nancy Bewlay as global chief underwriting officer, Casualty. In her new role, Bewlay assumes underwriting and portfolio management for all of XL Catlin’s Casualty...

Insured Cat Losses in 2016 Rose 42% at Highest Level Since 2012: Swiss Re

Mar 28 2017 // Insured losses from disasters rose 42 percent to $54 billion last year, according to Swiss Re. That’s the highest since 2012 and the equivalent of 0.07 percent of global gross domestic product.Floods in Europe, the...

Swiss Re Names Mitchell as Head of Property & Specialty Reinsurance

Mar 22 2017 // Swiss Re announced that Mike Mitchell, currently head Property Underwriting and Property & Casualty Facultative, Asia, will succeed Edouard Schmid as Swiss Re’s head Property & Specialty Reinsurance,...

Reinsurers Seek Higher Returns Through Customized Business

Mar 20 2017 // Reinsurer Swiss Re, usually involved in mega-deals on natural disaster coverage, is branching out on its own to do individually tailored schemes to boost returns, such as one in China to protect farmers against floods or...

Level of Cyber Risk Management for Many Firms Is ‘Unsustainable’: Swiss Re

Mar 2 2017 // Despite increased awareness of rapidly evolving cyber threats, relatively few corporations have integrated cyber security into their mainstream risk management programs – a situation that is “unsustainable,”...

Swiss Re Corporate Solutions Names Mazzoleni Neglén as Head of Sales EMEA

Feb 21 2017 // Swiss Re Corporate Solutions has appointed Loredana Mazzoleni Neglén as head of Sales, Europe, Middle East and Africa (EMEA).In her new role, Mazzoleni Neglén will be responsible for developing and executing the...

Sompo Canopius Re Appoints Swiss Re’s Gray as Head of P&I Reinsurance

Feb 13 2017 // Sompo Canopius Re announced the appointment of Christopher Gray as head of P&I reinsurance, effective immediately. Gray, who joins from Swiss Re, reports to Andy Gladwin, global head of marine treaty.Sompo Canopius Re...

Blockchain Insurance Industry Initiative B3i Grows to 15 Members

Feb 6 2017 // The Blockchain Insurance Industry Initiative B3i, which was launched in October 2016 to explore the potential use of distributed ledger technology, has grown to 15 members from its original five.Members of the B3i...

Swiss Re & SAP Partner to Develop Financial Steering & Reporting Solution

Feb 2 2017 // Swiss Re has formed a strategic partnership with SAP SE, the enterprise application software company, to develop a solution to address the increasingly complex demands of global regulators, in the areas of financial...

StarStone Partners with Dubai-Based MGA; Swiss Re’s Hussey Appointed

Jan 24 2017 // StarStone, the global specialty insurer and subsidiary of Enstar Group Ltd., announced a joint venture partnership with Malakite Underwriting Partners Ltd., a managing general agent in Dubai, subject to regulatory...

Swiss Re to Open a Reinsurance Branch in India

Jan 23 2017 // Swiss Re has received the approval from the Insurance Regulatory and Development Authority of India (IRDAI) to open a branch in Mumbai. With the composite branch license, Swiss Re will be able to operate in India and offer...

Swiss Re Corporate Solutions Names Schmaler as Head of MENA

Jan 4 2017 // Swiss Re Corporate Solutions has appointed Falk Schmaler as head of Middle East and North Africa (MENA).In his new role, Schmaler will be based in Dubai and responsible for driving the company’s business strategy and...

Insured Cat Losses in 2016 Totaled $49B, with $158B of Economic Costs: Swiss Re

Dec 15 2016 // More than 10,000 people died as a result of natural and man-made disasters during 2016, with financial losses totaling at least $158 billion, Swiss Re said on Thursday.At an estimated $49 billion, insured losses rose by...

Swiss Re Veteran Hudzik to Head North America Casualty Operation

Dec 6 2016 // Swiss Re has named Mike Hudzik as head of its North America Casualty unit, effective Jan. 1, 2017. He will also join the Americas and Casualty management teams and will report directly to Steve Arora, head of Casualty...

Swiss Re’s U.S. Solar Power Plant is One Part of Its Climate Change Commitment

Dec 1 2016 // Swiss Re’s solar power installation at its U.S. headquarters in Armonk, N.Y., a 2-megawatt facility expected to be up and running by late spring 2017, is just one part of a green theme that the carrier has been...

Emerging Markets to Drive Insurance Sector Growth in 2017: Swiss Re

Nov 28 2016 // The global economy is expected to grow moderately over the next two years, supporting continued growth in insurance premium volumes, according to a Swiss Re report.Growth in global non-life premiums is forecast to fall...

Lloyd’s Names Swiss Re’s Kelly as Singapore Country Manager

Nov 17 2016 // Lloyd’s has appointed Angela Kelly as Lloyd’s country manager, Singapore, and CEO of Lloyd’s of London (Asia) Pte. Ltd.Kelly joins Lloyd’s from Swiss Re where she was chief executive officer of...

Swiss Re Breaks Ground on New York Solar Power Installation

Nov 1 2016 // Global reinsurer Swiss Re has broken ground on the largest solar power installation in Westchester County, New York.When completed in late spring 2017, the solar plant will occupy 10 acres of space in the Southeast corner...

Swiss Re Covers China’s Economic Hub, Guangdong, for Nat Cats up to $350M

Oct 28 2016 // Swiss Re has entered into an agreement as sole reinsurer to protect seven prefectures of Guangdong province, China, in partnership with local insurers, led by the People’s Insurance Company of China (PICC) in...

Big Data Gathered by Twitter Monitoring Could Cut Premiums – and Erode Privacy

Oct 24 2016 // When people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.But such tweets could help...