Latest Swiss Re Headlines

All the headlines from our Swiss Re Topic Page, ordered by recency.

Swiss Re Backs African Weather Derivative Drought Coverage

Sep 7 2007 // Swiss Re, in conjunction with the Earth Institute at Columbia University and the Millennium Promise Alliance, have developed a new system of weather derivative contracts, providing protecting to several villages in Kenya,...

Swiss Re: Nordic Region Storm Losses to Double by 2100

Aug 29 2007 // Swiss Re announced that a presentation at its second Nordic Risk & Insurance Summit (NORIS), “will show how winter storms Anatol, Gudrun and Per are harbingers of a more stormy future in Scandinavia, leading to...

Swiss Re Names Matt Leming Sales Leader for Stop Loss Products

Aug 13 2007 // Swiss Re¹s Commercial Insurance recently announced that Matt Leming was named the firm’s sales leader for Stop Loss products. Leming will be located in Swiss Re¹s Kansas City office. > Leming has more than 20 years...

Swiss Re Q2 Net up 45% to $1 Billion; Analysts’ Conference Call Today

Aug 7 2007 // Swiss Re released excellent financial figures for the second quarter of 2007, with earnings of CHF 1.2 billion ($1.007 billion), an increase of 45 percent over the same period last year. Annualized return on equity for the...

Business Moves

Jul 23 2007 // Edgewood Partners, Calco InsuranceEdgewood Partners Insurance Center, a California retail property and casualty and benefits insurance brokerage firm announced an agreement in principle has been reached with Calco Holdings...

Swiss Re Signs on to UN PRI

Jul 6 2007 // Swiss Re announced that it has signed the United Nations’ Principles for Responsible Investment (UN PRI). The voluntary program encourages best practice in environmental, social and corporate governance issues in...

Ratings Recap: Nelson Re/Glacier Re; Kyoei/Swiss Re; Travelers/Lloyds; XL

Jun 26 2007 // Standard & Poor’s Ratings Services has assigned its ‘B’ senior secured debt rating to the $75 million class A, series 2007-I principal-at-risk variable-rate notes issued under the newly established...

Swiss Re Sponsors $100 Million Mediterranean Earthquake Risk Bond

Jun 1 2007 // Swiss Re announced that it has obtained $100 million of protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus through a securitization – the first time the capital markets have been tapped...

Swiss Re, Big ‘I’ Ink 5-Year Pact On E&O Coverage

May 29 2007 // The Independent Insurance Agents and Brokers Association of America and Swiss Re’s Commercial Insurance have signed an agreement for Swiss Re to be the endorsed errors and omissions carrier of the Big I for five more...

My New Markets

May 21 2007 // Tow Truck Operators Nuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed...

My New Markets

May 21 2007 // Tow Truck OperatorsNuts & Bolts: Swiss Re’s Commercial Insurance and BISYS launched a program for tow truck operators. Policies are underwritten by Westport Insurance Corp., a Swiss Re company, and are backed by...

Swiss Re Q1 Net Income up 54% to $1.09 Billion

May 8 2007 // Swiss Re reported first quarter net earnings of CHF 1.3 billion ($1.093 billion), an increase of 54 percent over the prior year’s first quarter, “based,” the Company said, “on continuing good...

New Markets

May 7 2007 // My New MarketsCommercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and...

Swiss Re Now Offering Nonadmitted E&O Coverage for Big ‘I’ Agents

May 3 2007 // Swiss Re is now offfering a nonadmitted coverage for the members of the Independent Insurance Agents and Brokers of America (IIABA). The nonadmitted product is designed for agencies with unique operations and special needs...

Swiss Re Exec Explores Risk and Mitigation Disconnect at RIMS

May 2 2007 // Agostino Galvagni, a member of the Executive Board of Swiss Re and head of the company’s Globals and Large Risks division, told a panel at the RIMS convention in New Orleans that there’s a growing disconnect...

Swiss Re Expands Nat Cat Global Asset Protection Services

May 1 2007 // Swiss Re announced from the RIMS Convention in New Orleans that its Global Asset Protection Services (GAPS) are offering new consulting capabilities to improve the management of risks that result from wind and earthquake...

Swiss Re Places A$750 Million Bonds

Apr 30 2007 // Swiss Re announced that it has successfully settled its first Australian dollar bond today with a perpetual subordinated step-up notes transaction, totaling A$750 million (US$620 million). Swiss Re noted that the...

Best Assigns ‘a+’ Rating to Proposed Swiss Re Notes

Apr 25 2007 // A.M. Best Co. has assigned an “a+” rating to the proposed perpetual step up-loan notes (approximately USD 500 million issued in AUD) to be issued by ELM B.V., a bankruptcy remote repackaging vehicle based in...

Business Moves

Apr 23 2007 // Brown & Brown, United Employers InsuranceBrown & Brown Insurance Services of Texas Inc., a subsidiary of Fla.-based Brown & Brown Inc., acquired the assets of Houston-based United Employers Insurance Agency...

Summary of Swiss Re AGM

Apr 20 2007 // Swiss Re held its 143rd Annual General Meeting at the Hallenstadion in Zurich today, April 20. A total of 1,144 shareholders attended the event, representing 43.49 percent of Swiss Re’s voting share capital.They...