All the headlines from our Swiss Re Topic Page, ordered by recency.
Oct 3 2013 // Meadowbrook Insurance Group Inc. and Swiss Re have mutually agreed to terminate a quota-share reinsurance agreement that was put in place late last year, Meadowbrook said Wednesday.The insurer said it has bolstered its...
Sep 23 2013 // Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July will be between $2.0 and $2.7 billion, while it’s estimating its own claims burden to be...
Sep 20 2013 // Swiss Re Corporate Solutions announced the expansion of its Marine insurance presence in Continental Europe through the formation of a dedicated underwriting team in Paris. The new unit officially started operations in...
Sep 18 2013 // River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion...
Sep 11 2013 // The 57th Reinsurance Rendez-vous is winding down, and, while it’s been another successful networking opportunity for the re/insurance industry’s movers and shakers, most of the discussions have ended on a note...
Sep 9 2013 // Swiss Re expects natural catastrophe pricing rates to stabilize in 2014 after a decline this year, with demand for the cover doubling by 2020 in high-growth markets.The Swiss reinsurer, which helps insurers shoulder risks...
Sep 9 2013 // A new survey, commissioned by Swiss Re on the occasion of its 150th anniversary, has found that people around the world say they’re acutely aware of the risks they may face in the future, and are ready to shoulder...
Sep 4 2013 // Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, brokers said.“With the...
Sep 3 2013 // A key finding from a landmark survey commissioned by Swiss Re on the occasion of its 150th anniversary, has found that “people around the world say they’re acutely aware of the risks they may face in the...
Sep 3 2013 // Swiss Re Corporate Solutions has appointed Fred Kleiterp, a Swiss Re executive, as Head of Asia Pacific. He will move from his current position as Head of Europe, Middle East and Africa (EMEA) in Zurich. He is based in...
Aug 29 2013 // A New York regulatory investigation of Lloyd’s of London for possible violations of Iran sanctions law has led to a government request for files of an internal probe by the insurer, a person familiar with the matter...
Aug 21 2013 // According to preliminary sigma estimates from Swiss Re, “total economic losses from natural catastrophes and man-made disasters were $56 billion in the first half of 2013. The global insurance industry covered $20...
Aug 21 2013 // The global charity Oxfam has announced the launch of a flood insurance program for poor and vulnerable people in the river basin areas of the Sirajganj district of Bangladesh.“Initiated by Oxfam, the project is...
Aug 8 2013 // Swiss Re reported net income of $786 million for the second quarter of 2013, despite what the report described as a “period that saw high levels of natural catastrophes.” Net income in Q2, 2012 was $83...
Jul 22 2013 // Swiss Reinsurance Co. and Lloyd’s of London, the world’s oldest insurance market, are among insurance companies being probed by New York’s insurance regulator about their compliance with an expanded Iran...
Jul 12 2013 // Swiss Re Ltd., the world’s second- biggest reinsurer, said it’s in preliminary talks about combining its Admin Re business with Phoenix Group Holdings.“There is no certainty that these discussions will...
Jul 8 2013 // Swiss Re has estimated that its claims burden from recent flooding in central and Eastern Europe is approximately $300 million, net of retrocession and before tax. Industry-wide insured losses are estimated to be between...
Jul 1 2013 // Swiss Reinsurance Co. and Lloyd’s of London, the world’s oldest insurance market, are among insurance companies being probed by New York’s insurance regulator about their compliance with an expanded Iran...
Jun 26 2013 // Swiss Re’s latest sigma study reveals that “total global premiums written increased by 2.4 percent in real terms in 2012 to $4.613 trillion. Life premiums expanded by 2.3 percent unwinding some of the...
Jun 24 2013 // Swiss Re Ltd., the world’s second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost profitability and increase its dividend.Swiss Re expects costs savings of as much as $300 million...