Latest Swiss Re Headlines

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

Swiss Re’s List of Emerging Risks Range from Blockchain Tech to Human Cyborgs

May 26 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 Appoints Gonzalez to Succeed Petrilli as CEO North America

May 20 2016 // Swiss Re Corporate Solutions has appointed Ivan Gonzalez as CEO North America. Gonzalez succeeds Robert Petrilli, who the insurer said has decided to leave Swiss Re at the end of 2016. The company said Gonzalez is moving...

Swiss Re Capital Markets Appoints Klugman & Monnier to Lead Global ILS Unit

May 10 2016 // Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business.Klugman will remain global head of ILS distribution and lead the ILS team in New York. She has...

Swiss Re Q1 Net Income Down 15% to $1.23B; New Head of Reinsurance Named

Apr 29 2016 // Swiss Re AG, the world’s biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing in the industry remained under pressure.Net income dropped to $1.23 billion from $1.44...

TigerRisk Hires Swiss Re’s Kusche as Partner in New York

Apr 19 2016 // TigerRisk Partners LLC, a reinsurance broker and risk/capital management advisory firm, has hired Philipp Kusche as partner and global head of Insurance-Linked Securities(ILS) and Capital Solutions. Based in...

Swiss Re’s Revamped U.S. P/C Leadership Team Headed by Wolfe, Ruff, Michaelson

Apr 18 2016 // Swiss Re Americas announced a new structure and leaders for the company’s U.S. property/casualty markets.The changes follow Bill Donnell’s departure as president of Swiss Re Americas’ U.S....

Swiss Re and UK’s Legal & General Weigh Bids for Deutsche Bank’s Abbey Life

Apr 14 2016 // Swiss Re AG and Britain’s Legal & General Group Plc are among firms considering bids for Deutsche Bank AG’s insurance business Abbey Life Assurance Co., according to people with knowledge of their...

Catastrophe Reinsurance Prices Will Continue to Drop This Year: Swiss Re

Apr 7 2016 // Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to Swiss Re AG.“Price...

Insurance Claims from China’s Tianjin Port Blasts Rise to $3.5B: Swiss Re’s ‘sigma’

Mar 30 2016 // Insurance payouts from the chemical blasts at the Chinese Port of Tianjin last year could total up to $3.5 billion, reinsurer Swiss Re said on Wednesday, in what would be the largest ever man-made loss in Asia.The estimate...

Swiss Re Corporate Solutions Adds Southern California Aviation Team

Mar 28 2016 // Swiss Re Corporate Solutions has established a regional aviation insurance team that operates out of the Santa Ana, Calif. office. Swiss Re Corporate Solutions offers a range of aviation insurance products, from physical...

AIG Frees Up Capital with Reinsurance Pact with Swiss Re

Mar 10 2016 // American International Group Inc., the insurer stung by losses on higher-than-expected claims costs, said Swiss Re AG has agreed to take on some of the company’s risks tied to casualty policies.The two-year...

Swiss Re’s 2015 Net Income Rises 31% to $4.6B; Q4 Profit Up to $938M

Feb 23 2016 // Swiss Re AG reported fourth-quarter profit that beat estimates after a quiet year for natural catastrophes and announced that Christian Mumenthaler, head of the company’s main reinsurance unit, will take over as...

Swiss Re Appoints Mumenthaler as Group CEO, Succeeding Liès Who Is Retiring

Feb 23 2016 // Swiss Re announced that Christian Mumenthaler, 46, currently CEO of Reinsurance, will become group chief executive officer on July 1, succeeding Michel M. Liès, who is retiring.Since October 2011, Mumenthaler has...

Swiss Re, Veolia Unveil Initiative to Speed Recovery After Cat Event

Feb 9 2016 // Swiss Re Corporate Solutions Ltd. and Veolia have joined forces, under the auspices of The Rockefeller Foundation, to launch an infrastructure recovery initiative to speed up economic recovery in the aftermath of...

Swiss Re & Partners Unveil Initiative to Speed Economic Recovery After Cat Event

Jan 22 2016 // Swiss Re Corporate Solutions Ltd. and Veolia have joined forces, under the auspices of The Rockefeller Foundation, to launch an infrastructure recovery initiative to speed up economic recovery in the aftermath of...

Swiss Re Appoints O’Neill as CEO of UK & Ireland

Jan 13 2016 // Swiss Re announced that Frank O’Neill has been appointed CEO of the company’s UK & Ireland business, effective Feb. 1.O’Neill has been the CEO of Swiss Re’s Middle East and Africa business for...

Swiss Re Corporate Solutions to Buy Stop Loss Underwriter IHC Risk

Jan 6 2016 // Swiss Re Corporate Solutions has agreed to buy IHC Risk Solutions and its direct employer stop loss (ESL) business from Independence Holding Co. for $152.5 million in cash. The transaction includes IHC Risk...

6 Forecasts for P/C Insurance in 2016

Jan 4 2016 // Some, but not all, experts see an improving U.S. economy in 2016 helping to boost the property/casualty (P/C) insurance sector. Some of these prognosticators are more optimistic than others. But most also anticipate...

Swiss Re 2015 Economic Cat Loss Initial Estimates = $85Bn; $32Bn Insured

Dec 18 2015 // Swiss Re’s latest sigma report preliminarily estimates that total economic losses from natural catastrophes and man-made disasters will reach approximately $85 billion in 2015. Insured losses, however, were just $32...

Swiss Re Confirms ‘Four Pillar’ Strategic Framework for Continued Growth

Dec 8 2015 // Swiss Re, at its annual Investors’ Day Conference, unveiled its strategic framework to “position the company strongly vis-à-vis current and future opportunities and challenges facing the re/insurance...