All the headlines from our Swiss Re Topic Page, ordered by recency.
Jul 3 2001 // Swiss Re announced that it had completed the acquisition of MetLife subsidiary Conning Corporation as per the agreement reached last April. The terms of the transaction were not disclosed. Conning, which specializes...
Jun 19 2001 // Dutch insurer and financial services provider AEGON N.V. announced that its U.S. subsidiary, AEGON USA, Inc., had successfully completed the acquisition of J.C. Penney’s direct marketing services. It paid $1.3...
Jun 13 2001 // Swiss Re’s new study – sigma 3/2001 “Capital Market Innovation in the Insurance Industry” examines the history and the future of the transfer of insurance risks to the capital markets (ART’s),...
Jun 11 2001 // A report from Swiss Re Canada’s assistant vice-president Glenn McGillivray highlights an increase of 8 points in loss ratios in the automobile insurance market in the Province of Ontario. The rise in the loss ratio...
May 25 2001 // Harvard Law School’s Program on International Financial Systems has received a grant to study worldwide capital adequacy regulation of financial institutions. The project, supported by Swiss Reinsurance Company, will...
May 23 2001 // Swiss Re Financial Products Corp. has filed suit in New York against XL Insurance Ltd. over its refusal to pay a $20 million claim made by Swiss Re FP in connection with the bankruptcy of Armstrong World Industries last...
May 21 2001 // Calabasas, Calif.-based Amwest Insurance Group Inc. recently announced that its subsidiary, Amwest Surety Insurance Company (Amwest Surety), had agreed to be placed under an Administrative Order of Supervision by the...
May 7 2001 // The “AAA” counterparty credit and insurer financial strength rating on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed by Standard & Poor’s (S&P), which also revised the...
May 3 2001 // A study just released by Swiss Re Economic Research & Consulting finds that the U.S. economy is more vulnerable in the short-term to recessionary pressures, but that in the long-term European economies are more likely...
Apr 30 2001 // Swiss Re announced it had agreed to acquire Dallas-based Southwestern Life Holdings, Inc., which specializes in life, health, annuities and long term care products, in an all cash transaction valued at $171 million. The...
Apr 27 2001 // Swiss Re’s 2000 net profits rose 21 percent to SwFrs. 2.966 billion ($1.74 billion) on strong growth in all sectors, life, non-life, and return on investments. The company also announced a 20-for-1 stock split...
Apr 26 2001 // In line with its plans to expand its financial service activities, Swiss Re announced that it would acquire MetLIfe’s asset management subsidiary Conning Corp. for an undisclosed price.Conning specializes “in...
Apr 23 2001 // The “AAA” counterparty credit and insurer FSR on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed by S&P, which also revised the outlook on all core company ratings from negative to...
Apr 10 2001 // Swiss Re announced that it was “adding four specialized tools to the Swiss Re Portal, the company’s Internet-based gateway to its e-business initiatives,” for its North American clients. Launched last...
Mar 16 2001 // A recent study released by Swiss Re, confirms that insured catastrophe losses for 2000 totaled $10.6 billion, falling significantly below those in 1999, which reached $32.9 billion.The survey also concluded that p/c...
Feb 26 2001 // The long-awaited hardening of reinsurance rates may finally be occurring, as companies reassess their capacity commitments and take a more critical look at their risk exposures, particularly concerning natural...
Feb 21 2001 // The latest sigma study from Swiss Re provides a detailed overview of Central and Eastern European insurance markets with an analysis of the latest developments in life and non-life insurance in 27 countries, including the...
Feb 19 2001 // The long awaited hardening of reinsurance rates may finally be occurring, as companies reassess their capacity commitments and take a more critical look at their risk exposures, particularly concerning natural...
Feb 8 2001 // Swiss Re announced that it “expects earnings for the year 2000 to be up slightly more than 20%,” and that “significant improvements” had been made in the recent reinsurance renewal period.The...
Jan 23 2001 // London’s Financial Times reports that Swiss Re plans to start a joint venture with a technology company to offer life insurance products in the U.S. via the Internet within the next few months. The world’s...