All the headlines from our Swiss Re Topic Page, ordered by recency.
Nov 14 2006 // Swiss Re announced the successful placement of $442 million of securities covering catastrophic mortality experience in France, Japan and the United States for the benefit of AXA Cessions. Swiss Re said it “arranged...
Nov 6 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others.A...
Nov 5 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others.A...
Oct 23 2006 // PeopleThe Main Street America Group has named Bonny Parker vice president for personal lines. She will be based at corporate headquarters in Jacksonville, Fla., and report to Bill Anderson, senior vice president, insurance...
Oct 23 2006 // PeoplePat Arthur, a partner in the Dallas insurance and risk management firm McQueary, Henry, Bowles, Troy, has been appointed president-elect of the Independent Insurance Agents of Dallas. He will be responsible for...
Oct 23 2006 // The Society of Chartered Property Casualty Underwriters elected new officers and governors. They are: President Betsey L. Brewer, senior vice president of The Rule Co. in Pasadena, Calif. President-Elect James L. Britt,...
Oct 19 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001 as a single event for some insurers and two events for others.A...
Oct 19 2006 // Swiss Re duly applauded the decision by the United States Court of Appeals for the Second Circuit upholding the jury verdict in favor of Swiss Re in the case of SR International Business Insurance Company Ltd. versus World...
Oct 4 2006 // Swiss Re has announced the appointment of Roger W. Ferguson, Jr., as Head of Financial Services and a Member of Swiss Re’s Executive Committee, effective immediately..Ferguson joined Swiss Re from the U.S. Federal...
Sep 27 2006 // Swiss Re and London American Risk Specialists Inc. launched a program for small to medium-sized private and public utilities. The program, which includes classes of business for utilities such as gas, electrical, water and...
Sep 25 2006 // From a financial standpoint Swiss Re’s integration of GE Insurance Solutions seems to be progressing well. However, it has inevitably led to job cuts, or as the British would put it, redundancies.Swiss Re announced...
Sep 18 2006 // In a brief announcement on Friday Swiss Re confirmed that it “is in the process of evaluating the sale of an interest in 30 St Mary Axe, its London based office building, in an attractive market...
Aug 24 2006 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A+” (Superior) and the issuer credit rating (ICR) of “aa” of Swiss Reinsurance Company and its rated subsidiaries. Best also...
Aug 7 2006 // Cooper Gay & Cashman, Cooper Gay IntermediariesIndependent reinsurance brokers, Cooper Gay (Holdings) Ltd., headquartered in London, renamed its U.S. domestic treaty operation Cooper Gay Intermediaries LLC. Based in...
Aug 4 2006 // Swiss Re reported a successful first half of 2006 with net income of CHF 1.566 billion ($1.27 billion), a 16 percent increase compared to a strong first half of 2005. Annualized return on equity was 13.9 percent and...
Jul 24 2006 // Swiss Re, the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions, has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency...
Jul 24 2006 // Starr Aviation Agency, ChubbStarr Aviation Agency Inc., a wholly-owned specialty subsidiary of C.V. Starr & Co. Inc. and The Chubb Corp. entered into an underwriting agreement under which Chubb will provide hull and...
Jul 24 2006 // Swiss Re, the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions, has lost no time in reducing its workforce. In a move it characterized as a “process to capture efficiency...
Jul 13 2006 // Swiss Reinsurance Co. said Tuesday it would cut up to 2,000 jobs by the end of 2007 in a bid to improve efficiency.Large offices in Zurich; London; Munich; Armonk, N.Y.; and Kansas City, Kan., will be primarily affected,...
Jul 11 2006 // Swiss Re – the world’s biggest reinsurer since it completed the acquisition of GE Insurance Solutions – has lost no time in reducing its workforce. In a move it characterized as a “process to...