All the headlines from our Swiss Re Topic Page, ordered by recency.
Apr 7 2003 // A new Swiss Re sigma report, “Natural catastrophes and man-made disasters in 2002,” estimates the cost to the industry at $13.5 billion, $1.5 billion more than the company’s preliminary estimates released...
Mar 27 2003 // Swiss Re, the world’s second largest reinsurer, didn’t manage to dodge the bullet as successfully as its German rival (see previous article). The Group announced that it expects to post a net loss of SwF 91...
Mar 26 2003 // Swiss Re announced that it will host a one-day, executive education workshop entitled, “Weatherproof Your Business: New Financial Strategies For Managing Weather and Climate Risk,” in partnership with Penn...
Mar 24 2003 // With the selection of the design submitted by Berlin-based architect Daniel Libeskind, rebuilding of the World Trade Center site has begun. Walking around the 16 acres of open space in the heart of New York one finally...
Mar 20 2003 // Federal District Court Judge John Martin has ruled that Silverstein Properties, the master leaseholder of the World Trade Center, must submit the dispute over the valuation of the buildings lost as a result of the Sept. 11...
Mar 13 2003 // A new Swiss Re sigma report, “Natural catastrophes and man-made disasters in 2002,” estimates the cost to the insurance industry at $13.5 billion, $1.5 billion more than the company’s preliminary...
Mar 10 2003 // Swiss Re announced that it has published a new brochure on the “Pricing of motor quota share treaties,” which will give brokers and insurers a guide on “how premiums can be profitably priced in ther...
Feb 26 2003 // Swiss Re indicated that it expects to post a net loss in the CHF 100 million ($73.7 million) range for the year 2002, due primarily to weakness in global equity markets, but the company also announced that the January...
Feb 5 2003 // Howard Rubenstein, a spokesman for Larry Silverstein, responded to Swiss Re’s press release of Feb. 4, that criticized Silverstein in his attempt to collect insurance money from the Sept. 11, 2001 attack on the World...
Feb 4 2003 // In a brief filed Feb. 4 with the United States Court of Appeals for the Second Circuit, Swiss Re reports in a company statement that it provides detailed, unequivocal evidence not previously presented to the public that...
Jan 29 2003 // Silverstein Properties Inc. reported Wednesday that the district judge presiding over its dispute with the insurers of the Twin Towers had granted its motion to compel Swiss Re and Allianz to produce notes of meetings held...
Jan 13 2003 // At Swiss Re’s Year-End Economic and Insurance Industry Review 2002 and Outlook 2003, held mid-December 2002 New York, various speakers discussed the precarious situation most of the world’s major economies and...
Dec 20 2002 // Swiss Re announced that its Board of Directors has appointed Ann Godbehere as CFO, effective 1 April 2003, succeeding John H. Fitzpatrick, who’s been named to head Swiss Re’s Life & Health Business...
Dec 19 2002 // Swiss Re has issued some preliminary findings from its forthcoming sigma report on the world’s catastrophes in 2002. Initial estimates show that it was a relatively benign year. Although “19,000 people world...
Dec 11 2002 // Swiss Re’s third annual “Economic and Insurance Industry Review and Outlook” was held yesterday in New York City. The meeting featured a panel discussion between Swiss Re economists, investment...
Dec 6 2002 // A.M. Best Co. has affirmed the financial strength ratings of A++ (Superior) of Swiss Reinsurance Company (Swiss Re) and its core subsidiaries with a negative outlook.At the same time, however, the rating agency announced...
Dec 5 2002 // A new Swiss Re Sigma report released yesterday concluded that overall global premium income reached $2.408 trillion in 2001; while that’s a lot, it’s only a “modest 1 percent growth over 2000,”...
Nov 11 2002 // At a recent seminar on the use of alternative risk transfers (ART) in hard markets, “ART Solutions in a Time of Capacity Shortage,” global reinsurer Swiss Re, which hosted the event, noted that more and more of...
Nov 11 2002 // Swiss Re has issued a new “Focus” report at the Baden-Baden reinsurance meetings urging the world’s reinsurers to “get-back-to-basics” in their approach to natural catastrophe underwriting as...
Nov 7 2002 // Swiss Re’s chief US economist, Kurt Karl, stated that the Federal Reserve Board’s decision to lower the target federal funds rate to 1.25 percent from 1.75 percent was an attempt to “bolster the economy...