All the headlines from our Swiss Re Topic Page, ordered by recency.
Oct 23 2002 // Swiss Re and the other insurers involved in the World Trade Center coverage dispute with master leaseholder Silverstein Properties, have released the comprehensive engineering study they commissioned to determine the...
Oct 16 2002 // In a move aimed at raising some additional cash, Credit Suisse has sold its remaining stake in Swiss Re through its investment banking division Credit Suisse/First Boston. The bank, which held around 11 million Swiss Re...
Oct 10 2002 // Swiss Re’s latest Sigma report, No.4/2002, offers an analysis of the non-life insurance industry, and how it is adjusting to “two major shocks – the catastrophic losses of 2001 and the ongoing stock...
Oct 4 2002 // Standard & Poor’s announced yesterday that it has lowered its long-term counterparty credit and insurer financial strength ratings on Swiss Reinsurance Co. and related core subsidiaries of the Swiss Re group to...
Sep 16 2002 // Swiss Re announced that it will host a conference on the Alternative Risk Transfer market, “ART Solutions in a time of capacity shortage,” from 8:30 am to 10:30 am, Thursday, September 19, at the Park Avenue...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Sep 2 2002 // Despite recent court ordered settlement procedures, the legal dispute pitting Swiss Re and 21 other insurance companies against Silverstein Properties, the master leaseholder on the twin towers of the World Trade Center,...
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever.Not only were there thousands of lives lost and injured, but many more...
Sep 2 2002 // Despite recent court ordered settlement procedures, the legal dispute pitting Swiss Re and 21 other insurance companies against Silverstein Properties, the master leaseholder on the twin towers of the World Trade Center,...
Aug 19 2002 // Despite submitting separate settlement offers to a federal judge in Manhattan, Swiss Re and World Trade Center developer Larry Silverstein have yet to come to an agreement over the amount of compensation insurers and...
Aug 19 2002 // Swiss Re announced that there are no circumstances under which World Trade Center leaseholder Larry Silverstein can ever recover more than $3.5 billion of insurance proceeds under the coverage he purchased. Swiss...
Aug 15 2002 // Swiss Re has established a U.S. Advisory Board to provide advisory and consultative services to Swiss Re America Holding Corporation and its US subsidiaries. The establishment of this Advisory Board reflects Swiss...
Aug 6 2002 // Swiss Re announced that there are no circumstances under which World Trade Center leaseholder Larry Silverstein can ever recover more than $3.5 billion of insurance proceeds under the coverage he purchased.Swiss Re’s...
Jul 19 2002 // Swiss Re has obtained $255 million of four-year protection against a series of natural catastrophe risks.As part of the transaction, Swiss Re signed a financial contract with PIONEER 2002 Ltd. (PIONEER), a special purpose...
Jul 12 2002 // Swiss Re will host a two-day conference at the at the American Museum of Natural History in New York on July 17 and 18 focusing on the role of greenhouse gas emissions in causing climate change.“The conference will...
Jul 5 2002 // A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing...
Jul 4 2002 // Swiss Re won another round in its lawsuit with Silverstein Properties over the amount of the recovery for the WTC losses, when Judge John Martin ruled that conversations between Silverstein’s lawyers and GMAC’s...
Jul 2 2002 // Bermuda-based Trenwick Group Ltd. announced that it has commenced an arbitration proceeding seeking $55 million in damages and other relief against European Reinsurance Company of Zurich, a subsidiary of Swiss Re.Trenwick...
Jun 27 2002 // Wednesday’s teleconference, featuring Swiss Re’s economic experts, concluded that a modest economic recovery will continue, the insurance industry will see higher rates and a “flight to quality, ”...
Jun 20 2002 // U.S. District Judge John Martin has ruled in favor of a motion filed by Travelers Property Casualty Corp. in the Swiss Re/Silverstein Properties lawsuit over the extent of coverage on the World Trade Center.The motion,...