All the headlines from our Swiss Re Topic Page, ordered by recency.
Nov 8 2001 // Silverstein Properties responded to Swiss Re’s declaratory relief action on Wednesday with a renewed demand for payment in order to begin the reconstruction of the World Trade Center. Larry Silverstein strongly...
Nov 7 2001 // Swiss Re advanced its share of a $75-million initial payment to speed the process of paying its insurance claims from the World Trade Center terrorist attacks. According to Jacques Dubois, CEO and president of Swiss Re...
Nov 5 2001 // Major reinsurer Swiss Re released findings from its latest sigma study, “Profitability of the Non-Life Insurance Industry: It’s Back to Basics Time,” which showed that the slumping non-life insurance...
Oct 31 2001 // The latest in Swiss Re’s authoritative sigma studies examines the profitability of the non-life insurance market in the G7* countries and concludes that the industry needs to concentrate on improving underwriting...
Oct 29 2001 // If the nautical term best applied to the reinsurance industry last year this time would have been “Steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve qui...
Oct 23 2001 // Swiss Re, which faces one of the largest loss exposures from the destruction of the World Trade Center, an estimated $1.25 billion, made a commitment to an advance payment of the claims, but at the same time asked the U.S....
Oct 15 2001 // Swiss Re New Markets Corp. announced that it has entered into a cooperation agreement with Mirant to provide generator forced outage insurance (GFOI). The cooperation will focus on investor-owned utilities, municipals...
Oct 12 2001 // The opening session of Swiss Re’s Conference on the reduction of greenhouse gas emissions heard remarks from Maurice Strong, Sr. advisor to UN Secretary General Kofi Annan, that stressed the importance of...
Oct 11 2001 // Swiss Re’s forum on the potential impact of “greenhouse gas emissions” on global business opens today with a news conference at 12:30 p.m. CET at its Centre for Global Dialogue in Ruschlikon,...
Oct 8 2001 // If the nautical term best applied to the reinsurance industry last year at this time would have been “steady as she goes,” after the catastrophe that struck the U.S. on Sept. 11, the French term “sauve...
Sep 26 2001 // Swiss Re’s Center for Global Dialogue in Ruschlikon, Switzerland will be the setting for a conference on October 11 & 12 aimed at exploring ways for businesses to reduce greenhouse gas emissions and finding...
Sep 24 2001 // The disasters had an immediate and devastating effect on international trading. Reuters reported that the DJ Stoxx insurance index reportedly fell to a three-year low, following a 13 percent drop the previous day. In...
Sep 21 2001 // The world’s two largest reinsurance companies, Swiss Re and Munich Re, have practically doubled their estimates of potential losses and have lowered their earnings forecasts as a result of the terrorist attacks in...
Sep 11 2001 // The sharp,drop in world stock markets may giving Swiss Re second thoughts about its plan to issue up to $2.6 billion worth of additional shares to fund its purchase of Lincoln National’s reinsurance...
Sep 7 2001 // The exceptional investment gains it achieved last year, over $2 billion, had a negative impact on Swiss Re’s 1st half results this year, as it reported an overall decrease of $975 million. Pre-tax operating income,...
Sep 5 2001 // Fox-Pitt, Kelton Inc., a unit of reinsurer Swiss Re, is expanding its San Francisco branch office to include a team of investment bankers that will focus on mergers and acquisitions and capital-raising for financial...
Aug 29 2001 // The latest “sigma” report from Swiss Re, “Insurance markets in Asia: sanguine outlook despite short-term uncertainties,” outlines current and future trends in Asia’s $600 billion insurance...
Aug 22 2001 // Swiss Re will transfer its 90 percent ownership interest in Holland’s NCM Group to Germany’s Gerling Credit, which will combine the two companies as Gerling NCM Credit and Finance AG. It will have approximately...
Aug 17 2001 // A.M. Best Co. affirmed the “A” (Excellent) rating of Lloyd’s and removed its negative outlook. This negative outlook was affirmed on June 28, 2001to reflect A.M. Best’s concerns over the...
Aug 17 2001 // PMA Re announced that it has become the newest member of the International Insurance Council (IIC), a Washington D.C.-based association active in promoting increased trade and investment relations around the...