Latest Swiss Re Headlines

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

Emerging Markets Are Growth Engines for Re/Insurance Industry: Swiss Re Report

Nov 25 2015 // The global economy is expected to strengthen moderately next year, which will support insurance premium growth in most regions, according to Swiss Re’s latest publication titled “Global insurance review 2015...

Swiss Re’s 1st 9 Months 2015 Consolidated Net Income up 12% at $3.659 Billion

Oct 29 2015 // Swiss Re reported consolidated net income of $3.659 billion, a 12 percent increase, for the first nine months of 2015, compared to $3.255 billion for the first 9 months of 2014. $1.399 billion was earned in the third...

Swiss Re Estimates Its Tianjin Port Explosion Losses Will Hit $250 Million

Oct 29 2015 // Swiss Re AG, the world’s second-largest reinsurer, posted a 13 percent increase in third-quarter profit after allowing for $250 million in losses from the chemical warehouse explosions in the Chinese city of Tianjin...

Swiss Re America’s Donnell to Succeed Klingel as NCCI CEO

Oct 26 2015 // William E. Donnell, president for Swiss Re America’s U.S. property and casualty reinsurance, will become the new president and chief executive officer of the National Council of Compensation Insurance, NCCI...

Swiss Re Names Baertschi President of Reinsurance – Latin America

Oct 20 2015 // Swiss Re announced that Urs Baertschi has been appointed to the new position of President of Reinsurance, Latin America, effective January 1, 2016. He will have overall responsibility for Swiss Re’s reinsurance...

Underinsurance of Property Is Growing Global Challenge: Swiss Re Report

Oct 5 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...

Swiss Re Corporate Solutions Names Andrzejewski, Combes to Sales Posts

Sep 28 2015 // Swiss Re Corporate Solutions North America has named two members to its sales leadership team. Steve Andrzejewski joins the North America regional sales team as senior vice president, head of sales, Accident and Health....

Swiss Re to Buy Guardian Financial Services for $2.5B, Hiking UK Portfolio

Sep 23 2015 // Swiss Re AG’s business unit Admin Re agreed to acquire Guardian Holdings Europe Ltd. from buyout firm Cinven for 1.6 billion pounds ($2.5 billion) to increase its portfolio of U.K. life-insurance policies.The deal...

Swiss Re CFO: Some Reinsurance Deals in Time May Prove ‘Adventuresome’

Sep 15 2015 // Some takeovers in the reinsurance industry by investors from outside the sector may ultimately be viewed as “adventuresome,” the chief financial officer of reinsurer Swiss Re said.The reinsurance business has...

Underinsurance of Property Is Growing Global Challenge: Swiss Re Report

Sep 15 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...

Estimates for 1stHY 2015 Puts Cat Economic Losses at $37 Bn: Swiss Re Study

Aug 11 2015 // A new sigma study from Swiss Re estimates that “total economic losses from natural catastrophes and man-made disasters reached $37 billion in the first half of 2015. The global insurance industry covered nearly 45...

New Madrid Report Shows Need for Quake Insurance, Missouri Insurance Director Says

Aug 3 2015 // Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance.Missouri...

Swiss Re P&C Unit Misses Earnings Targets; Shares Drop

Jul 30 2015 // Shares in Swiss Re, Europe’s second-biggest reinsurer, fell the most since April in Zurich trading after second quarter earnings missed analysts’ estimates on lower profitability at its property and casualty...

New Madrid Study Shows Need for Quake Coverage: Missouri Insurance Director

Jul 28 2015 // Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance.Missouri...

Qin Lu to Head Aon Benfield, Aon Risk Solutions in China

Jul 24 2015 // Aon announced that Qin Lu has joined the group as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China, to take effect later this year. The bulletin said the new appointment would “help to align...

Food Liability Costs Surging in Global Economy: Swiss Re

Jul 20 2015 // Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging.In a new report, Swiss Re says that the number of annual food recalls have nearly...

Number of Food Recalls and Their Costs Are Increasing: Swiss Re Report

Jul 15 2015 // “Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the...

Swiss Re Corporate Solutions Names Wally Country Manager South Africa

Jul 13 2015 // Swiss Re Corporate Solutions has named Natasha Wally as Country Manager for South Africa. She will head up the company’s wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd.Wally will...

Swiss Re Corporate Solutions Opens Madrid Office

Jul 7 2015 // Swiss Re Corporate Solutions announced that it has opened an office in Madrid, Spain, to reinforce its presence in the Iberian Peninsula. It will offer the company’s range of products and customized services via a...

Advanced Markets Drive 3.7% Global Premium Growth in 2014: Swiss Re

Jun 24 2015 // The global insurance industry gained momentum in 2014, with total direct premiums increasing by 3.7 percent to $4.778 trillion after having stagnated the previous year, according to Swiss Re’s latest...