Swiss Re News
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Swiss Re Profits Up Despite Losses from California Wildfires
May 16 2025 // Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business.Net income increased to $1.3 billion from $1.1 billion a year earlier,...
People Moves: AIG Taps Colombo From Swiss Re as CEO, Latin America and Caribbean; Willis Names Former Allianz Exec Vosloh as Head of Cyber for EMEA
May 15 2025 // This edition of International People Moves details appointments at American International Group and Willis.A summary of these new hires follows here. AIG Taps Colombo From Swiss Re as CEO, Latin America and...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million
Mar 19 2025 // Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million) — a decision the reinsurer made after a review of its investment...
Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO
Feb 27 2025 // Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and brokers more closely at the country level with the introduction of market...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires
Feb 27 2025 // Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European reinsurer to disclose a hit from the...
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