All the headlines from our Swiss Re Topic Page, ordered by recency.
Dec 28 2004 // A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of Toronto-based Swiss Reinsurance Company Canada, and has assigned an issuer credit rating of “aa”. The...
Dec 28 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A+” (Excellent) of Swiss Reinsurance America Corporation, headquartered in Armonk N.Y., and its P/C insurance subsidiaries, which...
Dec 23 2004 // A.M. Best Co. announced that it has affirmed the financial strength ratings of “A+” (Superior) and assigned an “aa” issuer credit rating to Swiss Reinsurance Company and of its core subsidiaries....
Dec 21 2004 // According to preliminary estimates from Swiss Re’s forthcoming sigma report, more than 21,000 people around the world lost their lives as a result of natural and man-made catastrophes in 2004. Economic losses were...
Dec 15 2004 // Andreas Beerli, Head of Swiss Re’s U.S. P/C business in the Americas, speaking at the company’s annual year-end economic and insurance industry review and outlook, asserted that the P/C reinsurance industry...
Dec 14 2004 // Standard & Poor’s Ratings Services announced that on Jan. 1, 2005, it will withdraw its “A”‘ insurer financial strength and counterparty credit ratings on Swiss Re Australia Ltd., a subsidiary...
Dec 10 2004 // A new report in Swiss Re’s “Risk Perception” series finds that change is “continually accelerating, possible consequences tend to be greater and increasing uncertainty is rendering risks less...
Dec 8 2004 // Swiss Re CEO John Coomber will deliver the keynote address at the 2005 LOMA International Underwriting Congress (IUC) scheduled to take place April 17-20 at the NogaHilton Hotel in Geneva, Switzerland. Coomber, the first...
Dec 7 2004 // The Tillinghast business of Towers Perrin has appointed Prakash Shimpi as practice leader with global responsibility for Enterprise Risk Management (ERM) in its New York office. In this role, Shimpi will lead the...
Dec 3 2004 // Swiss Re’s eighth survey of economists’ opinions shows they consider stock market risk to be substantial. The reinsurer’s “Economic Risk Survey,” conducted in October, also indicated that the...
Dec 2 2004 // Swiss Re held its annual review and outlook on insurance markets in London yesterday, Dec.1. Looking to the future, the company predicted that the life and non-life industry’s 2004 return to profitability would...
Nov 24 2004 // Aon Re Services Global Accident, Health and Life announced that Eduardo Jean-Mairet has joined the Life practice group as Director – Structured and Traditional Life Reinsurance (Europe). “He will use his...
Nov 24 2004 // Swiss Re hosted its annual Investors’ Day at its Rüschlikon Conference Center near Zurich, yesterday, Nov. 23. The presentation offered additional insights into the Group’s risk management framework and a...
Nov 23 2004 // Swiss Re’s recently issued report on the 2004 hurricane season stresses that, although the number of storms may have been extraordinary, “the impact on insurers has been controllable through a process of...
Nov 22 2004 // Swiss Re announced that it has received subpoenas from New York State Attorney General Eliot Spitzer and the Securities and Exchange Commission in connection with their investigations into the use of finite, or...
Oct 7 2004 // Swiss Re announced that, based on current estimates, it expects claims related to Hurricane Jeanne to be approximately $150 million before tax.The bulletin noted that Jeanne was the “fourth hurricane to make landfall...
Sep 27 2004 // Swiss Re announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300 million before tax.The bulletin noted that these estimates are in addition to...
Sep 9 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on global reinsurer Swiss Reinsurance Co. and related entities of the Swiss Re group to negative from stable. At the same time,...
Sep 8 2004 // Swiss Re announced that based on current estimates, it expects that its aggregate claims related to the hurricanes Charley and Frances will be under $300 million before tax.The reinsurer’s estimate on Hurricane...
Aug 26 2004 // Swiss Re’s excellent results for the first half of 2004 is additional evidence that 2004 promises to be a banner year for industry bottom lines. The Zurich-based reinsurer announced that its net income during the...