All the headlines from our Swiss Re Topic Page, ordered by recency.
May 23 2023 // Swiss Re is quitting the world’s main climate alliance for insurers, joining a growing exodus from the coalition of some of the industry’s biggest companies.The world’s second-largest reinsurer is now the...
May 15 2023 // This edition of International People Moves details appointments at Gallagher Re and Swiss Re Corporate Solutions.A summary of these two promotions follows here. Gallagher Re announced the appointment of Ian Kerton to the...
May 9 2023 // John Coletti, an cyber insurance veteran who was formerly the head of cyber reinsurance at Swiss Re, has been hired by Coalition as it head of cyber underwriting. At Swiss Re, Coletti was the head of global cyber,...
May 9 2023 // While the January reinsurance renewals proved to be the toughest and most gruelling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much calmer affair, according to Swiss Re.“Overall,...
May 4 2023 // Swiss Re swung back to a first quarter profit, reporting net income of $643 million, compared with a loss of $248 million for the prior-year period.“Profitability improved in all our main businesses, supported by...
Apr 28 2023 // Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution.The solution combines Benekiva’s state-of-the-art claims administration system...
Apr 27 2023 // Swiss Re announced that Sergio P. Ermotti is stepping down as chairman of the Board of Directors on April 30, 2023, after completing the agreed handover period, to fully focus on his new role at UBS, which was announced in...
Apr 18 2023 // Everest Names Mulray President of North America InsuranceEverest Re Group Ltd., the Bermuda-based property/casualty, and specialty re/insurer, announced the appointment of Mike Mulray as executive vice president and...
Apr 12 2023 // Strong Named New N2G CEON2G Worldwide Insurance Services, LLC has named Kevin M. Strong its new chief executive officer. Strong replaces retiring N2G CEO Bill Skapof, who has led the company since 2020. Strong has more...
Mar 30 2023 // A former Swiss Re underwriter, who last year won a sex and maternity discrimination and unfair dismissal case, is seeking 5.1 million pounds ($6.3 million) in compensation and told a London court she wants to retrain as a...
Mar 29 2023 // Sergio P. Ermotti is stepping down as the chairman of Swiss Re, following his appointment as the new CEO of UBS.Swiss Re’s Board of Directors will immediately start the search to find a successor. In the interim,...
Mar 22 2023 // Natural disasters in 2022 brought global economic losses of US$275 billion, of which insurance covered 45%, or US$125 billion, according to Swiss Re’s latest sigma report.Claims from Hurricane Ian in Florida, record...
Mar 7 2023 // Swiss Re has closed a US$700 million multi-year stop-loss transaction with funding led by J.P. Morgan.The financing builds upon an innovative hybrid transaction concluded with J.P. Morgan in April 2022, which was the first...
Feb 22 2023 // AXIS Appoints Galanski as Head of North America Property & Casualty ProgramsGabriel Galanski has joined AXIS Capital Holdings Limited as head of North American property and casualty programs. Galanski will manage,...
Feb 22 2023 // This edition of International People Moves details appointments at Swiss Re, MS Reinsurance, and Aon.A summary of these new hires follows here. Swiss Re Promotes Ningen to CEO, US P&C ReMonica Ningen has been named CEO...
Feb 2 2023 // Swiss Re announced plans to streamline its organizational structure by splitting its current Reinsurance Business Unit into P&C Re and L&H Re, while creating a new business unit called Global Clients and...
Jan 26 2023 // The SCOR Board of Directors has appointed Swiss Re’s Chief Underwriting Officer Thierry Léger as chief executive officer of SCOR. Léger will take up his post as CEO of SCOR with effect from May 1, 2023.Léger has...
Jan 25 2023 // This edition of International People Moves details appointments at Everest Insurance International and Swiss Re Corporate Solutions.A summary of these new hires follows here. Everest Insurance Int’l Taps...
Dec 1 2022 // Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost global insurers an estimated $115 billion so far this year, according to a...
Oct 28 2022 // Swiss Re reported a third-quarter loss of $442 million driven by claims tied to the damage from hurricane Ian, and signaled that renewal prices would jump next year.The Zurich-based reinsurer’s key unit saw $2.5...