All the headlines from our Swiss Re Topic Page, ordered by recency.
Oct 18 2022 // Swiss Re forecast on Tuesday a third-quarter net loss of around $500 million after the reinsurance company absorbed preliminary claims from Hurricane Ian of approximately $1.3 billion.“While the 2022 target of 10%...
Oct 3 2022 // Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C...
Sep 15 2022 // IQUW Taps Lancashire’s Warburg as Head of Reinsurance, LondonProperty and specialty re/insurer IQUW has named Dan Warburg as its new head of Reinsurance, London. Based in London, he will report to Steven Tebbutt,...
Sep 14 2022 // Swiss Re predicts that deglobalization will generate $33 billion in new commercial property/casualty insurance premiums by 2026, according to its latest sigma report: “Maintaining resilience: the role of P&C...
Aug 26 2022 // A former Swiss Re AG underwriter won her sex discrimination suit after she was left humiliated by a senior manager who told her “If I had breasts like yours I would be demanding too.”Julia Sommer was unfairly...
Aug 17 2022 // Munich Re for the second-straight year holds the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2021, followed once again by Swiss Re. The two global reinsurers together account for...
Aug 9 2022 // This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance and Hannover Re.A summary of these new hires follows here. BHSI Enters Commercial Hull in Australasia, Hiring Hesson...
Aug 2 2022 // A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted in US$35 billion of insured losses from natural catastrophes in the...
Jul 20 2022 // This edition of International People Moves details appointments from three insurers: Berkshire Hathaway Specialty Insurance (BHSI), AXA XL and Swiss Re Corporate Solutions.A summary of these new hires follows here. BHSI...
Jul 14 2022 // Swiss Re’s economists predict “inflationary recessions” hitting major world economies over the next 12-18 months, and while recessions spell less insurance demand and inflation means higher claim costs,...
Jul 6 2022 // This edition of International People Moves details appointments at MS Amlin, DUAL Europe, and Gallagher Re.A summary of these new hires follows here. MS Amlin Names Liberty Mutual’s Baxter as Head of Reinsurance,...
Jul 4 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...
Jun 9 2022 // Investors managing $14 trillion have urged the United Nations to create a global plan to make the agriculture sector sustainable and curb one of the biggest sources of climate-damaging emissions, a letter seen by Reuters...
May 23 2022 // Insurance firm Swiss Re and banking giant UBS are among five founding buyers of credits from a scheme set up by a Swiss company to drive down the cost of taking carbon dioxide out of the atmosphere.Even with pledges of...
May 6 2022 // Premium rates for natural catastrophe risks in Florida continue to be inadequate, which is why Swiss Re is giving that market a wide berth — for the time being, at least.“Historically we believe the Florida...
May 5 2022 // Swiss Re reported a group net loss of $248 million during the first quarter, as a result of headwinds such as the war in Ukraine, higher-than-expected natural catastrophes and the ongoing COVID-19 pandemic.This loss...
Apr 19 2022 // Swiss Re has secured US$1.15 billion in stop-loss cover that protects the entire group for severe underwriting-related losses over a five-year period.Swiss Re said the transaction supports its “growth opportunities...
Apr 18 2022 // More than 50 severe flood events around the world caused combined economic losses of $82 billion in 2021, while insured losses stood at slightly more than $20 billion — more evidence of a large ongoing global...
Apr 14 2022 // Swiss Re shareholders re-elected Sergio Ermotti as chair, the company said on Wednesday, despite a recommendation by proxy adviser Institutional Shareholder Services (ISS) to vote against him over a lack of gender...
Mar 30 2022 // More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured losses stood at slightly more than US$20 billion – more evidence of a large ongoing global...