Latest Swiss Re Headlines

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

Swiss Re Corporate Solutions Licensed to Offer Non-Life Insurance in Hong Kong

Sep 1 2016 // Swiss Re Corporate Solutions announced that its wholly owned Luxembourg subsidiary, Swiss Re International SE, has obtained formal authorization from the Office of the Commissioner of Insurance Hong Kong to carry on...

Swiss Re Corporate Solutions Launches ‘CyberSolutions Germany’

Sep 1 2016 // Swiss Re Corporate Solutions has expanded its cyber offering with the launch of CyberSolutions Germany, a new, market-specific primary insurance product.This advanced cyber risk protection solution provides tailored...

Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs

Aug 23 2016 // It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could...

Natural Catastrophes Drive Global Insured Losses to $31B in H1: Swiss Re’s Sigma

Aug 18 2016 // Global insured losses from natural catastrophes and man-made disasters during the first half of 2016 reached US$31 billion, or 44 percent of total economic losses of US$71 billion, according to a report issued by Swiss...

Swiss Re Names Madzinga to Lead Reinsurance in Middle East and Africa

Aug 12 2016 // Swiss Re announced the appointment of Tavaziva (“Tava”) Madzinga as its new reinsurance managing director & market executive for Middle East and Africa.His appointment is effective Nov. 1, 2016, subject to...

Mutual Insurers Regain Some Global Market Share, but Threats Remain: Swiss Re

Aug 3 2016 // Mutual insurance companies have gained back some of the global market share they lost due to demutualizations in recent years. Those gains are threatened, however, by new financial regulations, changes in corporate...

Swiss Re Q2 Profit Drops on Higher Natural Catastrophe Losses

Jul 29 2016 // Swiss Re AG, the world’s biggest reinsurer, said profit fell in the second-quarter as the company paid more for catastrophe claims including earthquakes in Japan and forest fires in Canada.Net income declined to $637...

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover

Jul 25 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S.The bonds have been issued by...

Swiss Re Taps Harman, Poppie for U.S. Central Region Leadership Positions

Jul 18 2016 // Swiss Re Corporate Solutions has added Christine Harman as senior vice president, head of Casualty, and named Gabriel Poppie as senior vice president, head of Sales, for its U.S. Central Region. Both are based in...

Swiss Re Corporate Solutions Appoints Jia as CEO of China Operations

Jul 11 2016 // Swiss Re Corporate Solutions has appointed Jingwei Jia as chief executive officer, China, effective immediately. Jia will be based in Shanghai and drive Swiss Re Corporate Solutions’ strategy of building its China...

Disaster Response: Pandemic Insurance to the Rescue

Jul 11 2016 // The shoe may eventually be placed on the other foot for the United States.This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other...

Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover

Jul 8 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S.The bonds have been issued by...

Swiss Re Corporate Solutions Names Brohm as CEO Latin America

Jul 5 2016 // Swiss Re Corporate Solutions appoints Axel Brohm, an experienced Swiss Re executive, as CEO Latin America. Brohm will assume this role immediately and relocate from Zurich to Miami in the coming months.In his new position,...

Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re

Jun 29 2016 // Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re’s latest sigma...

Swiss Re Appoints Arora as Global Head of Casualty

Jun 20 2016 // Swiss Re has appointed Steve Arora as its new global head of Casualty. In this capacity he will also be joining the Reinsurance Executive Committee.Arora, currently head of Japan, will move with his wife and three children...

Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds

Jun 17 2016 // The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer’s chief investment...

Pandemics and Climate Change Present Opportunity for Insurers

Jun 9 2016 // The shoe may eventually be placed on the other foot for the U.S.This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other countries....

Beef, Microplastics, Blockchain Tech and Human Cyborgs: Swiss Re on Emerging Risks

Jun 6 2016 // A fragmented Internet, continued experimentation with monetary policy and another round of economic crises in emerging markets top Swiss Re’s latest roundup of emerging risks to watch out for.Beyond those top three,...

Swiss Re Corporate Solutions Launches Cyber Risk Insurance Product in UK

Jun 3 2016 // Swiss Re Corporate Solutions expands its cyber offering with the launch of CyberSolutions UK, a market-specific, primary insurance product.This cyber risk protection solution “provides tailored coverage to mid-sized...

JLT Re Hires Marc-Antonio as Global Head of Client Relationship Management

Jun 3 2016 // JLT Re, the reinsurance broking and consultancy, has appointed Francesca Marc-Antonio as global head of Client Relationship Management.This new role will see Marc-Antonio become a member of the JLT Re Global Executive...