All the headlines from our Swiss Re Topic Page, ordered by recency.
Feb 19 2008 // Rick Murray, Managing Director at Swiss Re, made some important observations on the insurance industry’s role in dealing with problems caused by the changing climate.Speaking at a United Nations Climate Risk Summit...
Feb 10 2008 // Berkshire Hathaway, Swiss ReBerkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
Feb 10 2008 // Berkshire Hathaway, Swiss ReBerkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
Jan 23 2008 // Swiss Re announced today that Berkshire Hathaway has acquired a three percent stake in the company.Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss...
Jan 15 2008 // Richard Schneider, an 11-year veteran of Swiss Re, has been appointed Office Head of Swiss Brokers Mexico. He succeeds Carlos Boelsterli, who has assumed the role of Head of Client Management for Latin America.Schneider is...
Jan 9 2008 // Swiss Re announced that it has entered into an agreement to acquire a 25 percent stake in Vietnam’s leading reinsurance provider, Vietnam National Reinsurance Corporation (VinaRe), for VND1.3 trillion (approximately...
Jan 8 2008 // Swiss Re announced that it has successfully structured and placed €200 million ($294 million) of securities covering windstorm events in France.The deal forms part of a three-year reinsurance agreement between Swiss Re...
Jan 8 2008 // Swiss Re’s Westport Insurance Corp. has announced a merger with Employers Reinsurance Corp. Both are U.S. domiciled corporations. Employers Reinsurance Corp. also maintains a Canadian Branch.In the merger, Employers...
Dec 27 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green...
Dec 19 2007 // Swiss Re has released a preliminary “sigma” report detailing the extent of 2007’s catastrophe losses. According to its initial estimates, more than 20,000 people were killed by natural and man-made...
Nov 21 2007 // A.M. Best Co. announced that it has placed the financial strength rating of ‘A+’ (Superior) and the issuer credit ratings of “aa” of Swiss Reinsurance Co. and its similarly-rated subsidiaries...
Nov 21 2007 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on France-based insurer MMA IARD Assurances Mutuelle (MMA IARD) to ‘A’ from...
Nov 19 2007 // Even the world’s largest reinsurer isn’t immune to the subprime mortgage crisis. Swiss Re announced that “following completion of its October performance reporting,” it is now obliged to report a...
Nov 6 2007 // Swiss Re’s third quarter earnings report revealed a five percent drop in net income to CHF 1.469 billion ($1.28 billion) compared to CHF 1.55 billion ($1.35 billion) in the third quarter of 2006. The results actually...
Nov 6 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of Swiss Reinsurance Company (Swiss Re) and its rated subsidiaries. Best...
Nov 6 2007 // Swiss Re’s Commercial Insurance and Lockton Risk Services, Inc., today announced the launch of a new product designed to protect the reputation and assets of law firms in Missouri and Kansas.The program, Lawyers...
Nov 6 2007 // Standard & Poor’s Ratings Services has assigned its ‘BBB+’ rating on Medical Insurance Australia Pty Ltd., a national medical indemnity insurer and the largest in South Australia, with a stable...
Oct 26 2007 // Swiss Re announced that it has appointed Raj Singh as the Group’s new Chief Risk Officer. He will succeed Christian Mumenthaler who is taking over operational leadership of the global Life & Health Products...
Oct 19 2007 // Swiss Re announced that “according to a recent sigma study, bancassurance is on the rise, particularly in emerging markets. Worldwide, insurers have been successfully leveraging bancassurance to gain a foothold in...
Oct 11 2007 // Insurance run-off specialst PRO Insurance Solutions Limited has formed a new U.S. affiliate, PRO Insurance Solutions, Inc., or PRO US.The company is a member of the Swiss Re Group and a subsidiary of Swiss Re America...