All the headlines from our Swiss Re Topic Page, ordered by recency.
Aug 28 2009 // Swiss Re is intensifying its efforts to urge governments to take a “more joined-up approach to managing risk.”At a recent conference in Helsinki, Swiss Re, through its Nordic Risk & Insurance Summit...
Aug 27 2009 // New York-based AmTrust Financial Services, Inc. has agreed to acquire CyberComp, the workers’ compensation business unit of Swiss Re, in a renewal rights transaction.Serving the workers’ compensation needs of...
Aug 5 2009 // Swiss Re posted a surprise second-quarter net loss on Wednesday as charges on corporate bond hedges, securitized products and its own credit spreads ate up operating returns.Zurich-based Swiss Re said it made a net loss of...
Jul 15 2009 // Standard & Poor’s Ratings Services has affirmed its ‘A+’ long-term counterparty credit and insurer financial strength ratings on various operating companies belonging to global reinsurer Swiss...
Jun 18 2009 // Standard & Poor’s Ratings Services has assigned its ‘A+’ counterparty credit and financial strength ratings to Everest Reinsurance Co. (Ireland) Ltd. S&P also said the outlook on Everest Re...
Jun 16 2009 // Private equity firm Aquiline Capital Partners LLC, which is run by Jeffrey Greenberg, said Tuesday it agreed to buy insurance services provider Conning & Co. from Swiss Reinsurance Co. Ltd.Terms of the deal were not...
Jun 9 2009 // Swiss Re reported it is now offering lead umbrella insurance coverage to retail brokers and risk managers in the United States.The umbrella coverage from Swiss Re’s Industrial Risk Insurer (IRI) is available on an...
May 21 2009 // The Swiss Re Group has announced the appointment, effective immediately, of Rudolf Flunger as Head of Insurance & Specialty, the company’s division responsible for commercial insurance, industrial insurance,...
May 18 2009 // Standard & Poor’s Ratings Services issued a statement that its ratings and outlook on Germany’s Allianz SE (AZSE), currently ‘AA’/Stable/’A-1+’, and various core operating entities...
May 7 2009 // Swiss Re reported a net profit of CHF 150 million ($131.6 million) in the first quarter of 2009, compared to CHF 0.6 billion ($527 million) for the same period last year. Earnings per share declined to CHF 0.45 (39.5...
Mar 18 2009 // Swiss Re has just released its latest sigma study, which details the toll of disasters that made 2008 “one of the worst years for catastrophe losses” according to the report.More than 240,500 people lost their...
Mar 13 2009 // Swiss Re has announced that the “main terms of the convertible perpetual capital instrument to be issued to Berkshire Hathaway have been finalized.” The funding agreement was announced at the same time as Swiss...
Mar 9 2009 // Switzerland’s financial community has seen some major upheavals lately. The latest major change came with the announcement that Peter Forstmoser, Chairman of the Board of Directors of Swiss Re, has decided to resign...
Mar 5 2009 // Swiss Re announced that following Kaspar Villiger’s nomination for election as Chairman of the UBS Board of Directors he will resign as a member of Swiss Re’s Board of Directors with effect from from March 13,...
Feb 22 2009 // Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department.John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the...
Feb 12 2009 // Swiss RE’s CEO Jacques Aigrain resigned today, Thursday, February 13, a week after U.S. investor Warren Buffett stepped in with new capital and the reinsurer said it was disbanding its financial markets...
Feb 9 2009 // Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department.John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the...
Feb 6 2009 // Reactions from the rating agencies to Swiss Re’s announcement of further losses (See IJ web site – https://www.insurancejournal.com/news/international/2009/02/05/97610.htm) has been swift.A.M. Best announced...
Feb 5 2009 // The Swiss Re Group announced that it expects to report a net loss for the full year 2008 of approximately CHF 1 billion ($862.5 million) for 2008, compared to net income of CHF 4.2 billion ($3.62 billion) in 2007. It will...
Feb 4 2009 // Investors have punished Swiss Re this year on fears it could write down further billions of dollars of toxic assets. A lack of transparency from the world’s second-largest reinsurer is adding to worries.“We...