All the headlines from our Swiss Re Topic Page, ordered by recency.
Mar 10 2014 // Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the “strong remedial measures” implemented to correct unacceptable results are...
Feb 26 2014 // Meadowbrook Insurance Group, based in Southfield, Mich., has struggled with many challenges during the past couple of years but the “strong remedial measures” implemented to correct unacceptable results are...
Feb 21 2014 // Reinsurance rates, particularly for natural catastrophe coverage, probably won’t increase this year, said Swiss Re Ltd.’s chief financial officer.Prices will only begin to rise again when there is some...
Feb 20 2014 // Swiss Re posted net income of $4.4 billion for 2013. The earnings report said the “result was driven by sustained, high profitability in Property and Casualty Reinsurance and very good performances by Corporate...
Jan 31 2014 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Swiss Reinsurance Company Ltd, European...
Jan 27 2014 // In a year-end report on the U.S. excess and surplus lines market, data compiled by Fitch Ratings revealed that the top growing E&S writers in recent years were not necessarily the biggest.The report, published in Dec....
Jan 21 2014 // The Missouri Department of Insurance has approved two Switzerland-based reinsurers, Swiss Reinsurance Co. Ltd. and Swiss Re Corporate Solutions Ltd., as certified reinsurers in Missouri.The Swiss reinsurers are...
Jan 21 2014 // “Many Young people today face an uphill battle,” said David Cole, Swiss Re’s Group Chief Risk Officer and a member of the Group Executive Committee, speaking at the World Economic Forum Press Conference...
Jan 15 2014 // Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss Re Ltd.“When they happen, they are more severe,” he said today at a...
Jan 3 2014 // Swiss Re Ltd., the world’s second – biggest reinsurer, fell the most in six months in Zurich trading after Willis Re said reinsurance prices slid by as much as 25 percent in the Jan. 1 renewals round.Swiss Re...
Dec 20 2013 // Swiss Re has unveiled a new brand strategy and a modernized logo marking the day of its official 150 year anniversary. The new brand promise: “We’re smarter together,” aims to support Swiss Re’s...
Dec 18 2013 // According to preliminary estimates from Swiss Re’s latest sigma report, insured losses from natural catastrophes and man-made disasters in 2013 are estimated to be around $44 billion, down from $81 billion in 2012....
Dec 17 2013 // Swiss Re’s Board of Directors announced that Group Chief Financial Officer George Quinn will step down from his role, effective April 30, 2014. A search for his replacement is already underway.Concurrently, the...
Dec 12 2013 // Funds specializing in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss.At Leadenhall Capital Partners...
Dec 2 2013 // In an assessment of the prospects for insurance market in 2014/15, Swiss Re’s latest report concludes that “global economic growth will continue to strengthen in 2014, which will in turn “support on-going...
Nov 21 2013 // Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent stake in New China Life Insurance Company Ltd, in a move it described as reaffirming its...
Nov 18 2013 // Swiss Re Ltd., the world’s second- largest reinsurer, agreed to buy an 11 percent stake in Sul America SA from ING Groep NV to expand in Brazil.The reinsurer will also purchase a 3.8 percent holding in Rio de...
Nov 7 2013 // Swiss Re Ltd., the world’s second- biggest reinsurer, reported better than expected third-quarter profit after non-life premiums rose by a fifth.Net income fell 51 percent to $1.07 billion from a year ago, the...
Nov 4 2013 // Specializing is one way to get ahead in today’s insurance world. But becoming an expert comes with its own share of risks.Phrases such as “expert” or “specialist” have the potential to raise...