All the headlines from our Swiss Re Topic Page, ordered by recency.
Jul 7 2004 // Swiss Re announced that it has been granted a reinsurance branch license from Taiwan’s Ministry of Finance to open an office in the capital city, Taipei. It is the first international reinsurance company to receive...
Jul 5 2004 // Swiss Re’s chief economist believes that strong economic growth, coupled with a slight uptick in inflation, will force the Federal Reserve to raise the federal funds rate to close to 2 percent by the end of...
Jul 2 2004 // In a move designed to increase its presence in the U.K.’s life and pension market, Swiss Re announced that it will acquire the shares of Life Assurance Holding Corporation Limited (LAHC), including its life insurance...
Jul 2 2004 // Swiss Re announced the successful completion for its offering of three-year mandatory convertible securities, which is expected to generate proceeds of 640 million euros ($776 million).The transaction, which Swiss Re said...
Jun 28 2004 // A newly published Swiss Re sigma study found that “the direct insurance industry is on the road to recovery with further progress expected this year.”Worldwide premiums for life and non-life insurance grew by...
Jun 23 2004 // Swiss Re held its semi-annual economic review teleconference yesterday, June 22. The overall view of the company’s economists for the first six months of 2004 was generally positive.Kurt Karl, Chief Economist, Swiss...
Jun 3 2004 // Swiss Re has announced two executive appointments effective as of January 1, 2005.Christian Mumenthaler has been named as Chief Risk Officer of Swiss Re Group, succeeding Bruno Porro who will retire at the end of 2004....
May 27 2004 // Moody’s Investors Service announced that it had downgraded the insurance financial strength rating and long-term debt ratings of Swiss Reinsurance Company and its various guaranteed and non-guaranteed subsidiaries by...
May 20 2004 // Swiss Re’s seventh survey of economists’ opinions of the U.S. economy found that there is far less concern over drastic declines in equity markets and the value of the dollar, but fears of inflationary...
May 18 2004 // Swiss Re picked a poor time to announce a drop in the embedded value of its life and health business. The reduction to Sw. Frs.16 billion ($12.6 billion) from Sw. Frs.16.3 billion ($12.8 billion) a year ago, coincided with...
May 11 2004 // Swiss Re has issued a report on the phenomena of nanotechnology from an insurer’s point of view. Originally presented at a media conference in London, the publication “Nanotechnology: Small matter, many...
May 4 2004 // Swiss Re has received a favorable verdict more than two-and a half years after it filed a declaratory relief action against Silverstein Properties, the master leaseholder of the World Trade Center.On Monday the federal...
May 3 2004 // Swiss Re announced that it has completed its previously announced Admin Re acquisition of CNA Financial Corp.’s individual life insurance business for approximately $700 million. “The in force business, which...
Apr 30 2004 // The federal jury that has been deliberating the complex issue of how much Silverstein Properties, the master leaseholder of the World Trade Center, should recover from its insurers has reached a partial verdict.On Thursday...
Apr 23 2004 // The federal jury, which began deliberations on Monday, April 19, in the first of three potential trials to determine the extent of the recovery for the destruction of the World Trade Center, has as yet reached no verdict....
Apr 6 2004 // Swiss Re announced that it has presented its second ReSource Award for Sustainable Watershed Management, in the amount of $75,000, to a project in Vietnam.In her speech during the award ceremony at the Centre of Global...
Apr 5 2004 // A recently released Swiss Re Sigma study has concluded that as the complexity of risk increases brokers face a greater demand for their services.The report entitled ‘Commercial insurance and reinsurance brokerage...
Mar 26 2004 // Swiss Re joined the parade of European insurers announcing happy results for 2003. Net income increased to CHF 1.7 billion ($1.33 billion), while net premiums jumped to CHF 30.7 billion ($24 billion).It’s the first...
Mar 19 2004 // Swiss Re today has been granted permission by the Taiwan Ministry of Finance to begin the licensing process for a branch office in Taiwan.The Swiss Re branch will be located in Taipei and is expected to be fully...
Mar 3 2004 // Natural and man-made catastrophes caused the deaths of more than 60,000 people worldwide last year, according to Swiss Re’s latest sigma report. Over two thirds of these were the victims of earthquakes. Overall...