Latest Swiss Re Headlines

All the headlines from our Swiss Re Topic Page, ordered by recency.

Swiss Re-Backed Getsafe Gets German Insurance License, Permitting Europe Expansion

Oct 25 2021 // Digital insurer Getsafe has received its insurance license from Germany’s financial regulator, BaFin. The license will allow Getsafe to accelerate its expansion to the rest of Europe.“The license is a...

Swiss Re Estimates Hurricane Ida Could Cost Insurers $30 Billion

Oct 6 2021 // On an industry level, Swiss Re now estimates that total insured market losses from Hurricane Ida to be in the range of $28–30 billion, excluding federal flood insurance losses.Hurricane Ida, the second-most intense...

Swiss Re Estimates Europe’s July Floods to Cost Insurers $12 Billion

Oct 5 2021 // Swiss Re estimated total insured market losses of the insurance industry due to the July floods in Europe at approximately US$12 billion.The insurer also updated its own loss estimate for the July floods at approximately...

Swiss Re Estimates Hurricane Ida Could Cost Insurers $30 Billion

Oct 5 2021 // On an industry level, Swiss Re now estimates that total insured market losses from Hurricane Ida to be in the range of $28–30 billion, excluding federal flood insurance losses.Hurricane Ida, the second-most intense...

People Moves: Howden Names Swiss Re’s Cochrane for Energy Transformation; Apollo Hires Sandi for Casualty Treaty; AXA XL’s MacColl to Atrium to Lead Hull & War

Sep 23 2021 // This edition of International People Moves details appointments at the broker Howden and two Lloyd’s insurers: Apollo Syndicate Management and Atrium Underwriting.A summary of these new hires follows here. Howden...

Swiss Re Partners with Insurtech Claim Genius for Efficient Motor Claims Using AI

Sep 22 2021 // Swiss Re is partnering with Claim Genius, an insurtech that provides artificial intelligence (AI) insurance claims solutions, to enhance motor claims efficiencies with real-time damage assessment and...

MS Amlin AG Appoints Swiss Re’s Wiest as CEO, Stepping Into Role Vacated by Beazley

Sep 21 2021 // Global reinsurer MS Amlin AG announced the appointment of Robert Wiest as chief executive officer. Wiest will take up the role on Jan. 3, 2022 and will be based in Zurich, Switzerland.He replaces Christopher Beazley who...

Zurich and Swiss Re Leaning Even Greener, While Gen Zers Covet Climate Jobs

Sep 9 2021 // Zurich is deepening emissions cuts and adding green options for customers.Zurich Insurance Group announced this week it is “taking global measures” to accelerate cuts in carbon emissions from its operations in...

Global P/C Premiums Likely to Double by 2040, but Motor Growth Will Slow: Swiss Re

Sep 8 2021 // Global property/casualty premiums are expected to more than double to US$4.3 trillion in 2040 from US$1.8 trillion in 2020 – growth driven by economic development, urbanization and climate change, according to Swiss...

People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re

Sep 3 2021 // This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan Re.A summary of these new hires follows. AXA XL’s Coletti Joins Swiss Re as Head...

Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best

Sep 2 2021 // Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2020, marking a return to a position that it last held in 2017.Swiss Re held the top spot in...

People Moves: QBE Hires Swiss Re’s Mejia for LatAm Property U/W; Zurich Names Kasahara Chief Data Officer; Occam’s Green Joins Rokstone to Head Power Generation

Aug 26 2021 // This edition of International People Moves details appointments at QBE International, Zurich Insurance, and MGA Rokstone.A summary of these new hires follows here. QBE International Appoints Mejia as VP of Property...

Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change

Aug 26 2021 // Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term purchase agreement for direct air capture and storage of carbon dioxide, worth...

People Moves: Coomer Joins Swiss Re’s iptiQ as CTOO; COGITANDA Hires Gerety from Liberty Specialty as Chief Ins. Officer; Ki Names Hodgson 1st CTO

Aug 24 2021 // This edition of International People Moves details technology appointments at Swiss Re’s iptiQ and the digital Lloyd’s syndicate Ki as well as an appointment at German cyber risk management and insurance...

Swiss Re Hires CNA’s Stephenson to Lead Casualty; Richards Named CEO UK & Ireland

Aug 18 2021 // Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country president and CEO UK & Ireland. He will be succeeded by Julie Stephenson as...

Global Insured Disaster Losses Reach US$42B in H1 as 2nd Highest on Record: Swiss Re

Aug 13 2021 // Estimated insured losses from natural catastrophes reached US$40 billion during the first half – driven by a deep winter freeze, hailstorms and wildfires, while man-made disasters triggered another estimated US$2 billion...

People Moves: Swiss Re Corporate Solutions Hires AIG’s Blattner-Hoyle to Lead Trade Finance; QBE Names AXA XL’s France as Head of Property, Europe

Aug 10 2021 // This edition of International People Moves covers appointments at two insurers: Swiss Re Corporate Solutions and QBE European Operations.A summary of these new hires follows here. Swiss Re Corporate Solutions Names...

People Moves: Covéa Insurance Names Furness CEO; BHSI Hires Chubb’s Alder-Smurthwaite; Pritchard Promoted at Swiss Re Corporate Solutions

Jul 27 2021 // This edition of International People Moves covers appointments at three insurers: Covéa Insurance, Berkshire Hathaway Specialty Insurance and Swiss Re Corporate Solutions.A summary of these new hires follows here. Covéa...

Insurance Industry Heading to Faster Recovery than After 2008 Financial Crisis: Swiss Re

Jul 26 2021 // The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the 2008 financial crisis, despite such obstacles as low interest rates and inflation risk, insurer Swiss...

Swiss Re Corporate Solutions Bolsters International Programs’ Team with 2 Promotions

Jul 23 2021 // Swiss Re Corporate Solutions has promoted William Porter as head International Programs Americas, and Reto Collenberg as head International Programs APAC and EMEA, both effective Aug.1.Together they will oversee Swiss Re...