Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Swiss Re Corporate Solutions Appoints Jia as CEO of China Operations
Jul 11 2016 // Swiss Re Corporate Solutions has appointed Jingwei Jia as chief executive officer, China, effective immediately. Jia will be based in Shanghai and drive Swiss Re Corporate Solutions’ strategy of building its China...
Disaster Response: Pandemic Insurance to the Rescue
Jul 11 2016 // The shoe may eventually be placed on the other foot for the United States. This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other...
Coastal Insurer UPC’s First Catastrophe Bond Provides It with $100M Cover
Jul 8 2016 // Swiss Re Capital Markets said it has structured and placed $100 million of insurance-linked securities (ILS) that cover named storms and earthquakes affecting certain coastal states of the U.S. The bonds have been issued...
Swiss Re Corporate Solutions Names Brohm as CEO Latin America
Jul 5 2016 // Swiss Re Corporate Solutions appoints Axel Brohm, an experienced Swiss Re executive, as CEO Latin America. Brohm will assume this role immediately and relocate from Zurich to Miami in the coming months. In his new...
Global Insurance Premiums up 3.8% in 2015, Despite Trade Slowdown: Swiss Re
Jun 29 2016 // Despite a challenging business environment and global trade slowdown in 2015, global direct premiums written grew by 3.8 percent in real terms, up from 3.5 percent in 2014, according to Swiss Re’s latest sigma...
Swiss Re Appoints Arora as Global Head of Casualty
Jun 20 2016 // Swiss Re has appointed Steve Arora as its new global head of Casualty. In this capacity he will also be joining the Reinsurance Executive Committee. Arora, currently head of Japan, will move with his wife and three...
Swiss Re Hikes Corporate Debt Holdings, Cuts Risky Government Bonds
Jun 17 2016 // The European Central Bank has turned government bonds into one of the riskiest asset classes, prompting Swiss Re AG to move more of its investments into corporate debt, according to the reinsurer’s chief investment...
Pandemics and Climate Change Present Opportunity for Insurers
Jun 9 2016 // The shoe may eventually be placed on the other foot for the U.S. This nation has a long-standing tradition of innovating products and ideas – particularly insurance products – and then exporting them to other...
Beef, Microplastics, Blockchain Tech and Human Cyborgs: Swiss Re on Emerging Risks
Jun 6 2016 // A fragmented Internet, continued experimentation with monetary policy and another round of economic crises in emerging markets top Swiss Re’s latest roundup of emerging risks to watch out for. Beyond those top three,...
Swiss Re Corporate Solutions Launches Cyber Risk Insurance Product in UK
Jun 3 2016 // Swiss Re Corporate Solutions expands its cyber offering with the launch of CyberSolutions UK, a market-specific, primary insurance product. This cyber risk protection solution “provides tailored coverage to mid-sized...
JLT Re Hires Marc-Antonio as Global Head of Client Relationship Management
Jun 3 2016 // JLT Re, the reinsurance broking and consultancy, has appointed Francesca Marc-Antonio as global head of Client Relationship Management. This new role will see Marc-Antonio become a member of the JLT Re Global Executive...
Swiss Re’s List of Emerging Risks Range from Blockchain Tech to Human Cyborgs
May 26 2016 // A fragmented Internet, continued experimentation with monetary policy and another round of economic crises in emerging markets top Swiss Re’s latest roundup of emerging risks to watch out for. Beyond those top three,...
Swiss Re Corporate Appoints Gonzalez to Succeed Petrilli as CEO North America
May 20 2016 // Swiss Re Corporate Solutions has appointed Ivan Gonzalez as CEO North America. Gonzalez succeeds Robert Petrilli, who the insurer said has decided to leave Swiss Re at the end of 2016. The company said Gonzalez is moving...
Swiss Re Capital Markets Appoints Klugman & Monnier to Lead Global ILS Unit
May 10 2016 // Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business. Klugman will remain global head of ILS distribution and lead the ILS team in New York. She has...
Swiss Re Q1 Net Income Down 15% to $1.23B; New Head of Reinsurance Named
Apr 29 2016 // Swiss Re AG, the world’s biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing in the industry remained under pressure. Net income dropped to $1.23 billion from...
TigerRisk Hires Swiss Re’s Kusche as Partner in New York
Apr 19 2016 // TigerRisk Partners LLC, a reinsurance broker and risk/capital management advisory firm, has hired Philipp Kusche as partner and global head of Insurance-Linked Securities(ILS) and Capital Solutions. Based in...
Swiss Re’s Revamped U.S. P/C Leadership Team Headed by Wolfe, Ruff, Michaelson
Apr 18 2016 // Swiss Re Americas announced a new structure and leaders for the company’s U.S. property/casualty markets. The changes follow Bill Donnell’s departure as president of Swiss Re Americas’ U.S....
Swiss Re and UK’s Legal & General Weigh Bids for Deutsche Bank’s Abbey Life
Apr 14 2016 // Swiss Re AG and Britain’s Legal & General Group Plc are among firms considering bids for Deutsche Bank AG’s insurance business Abbey Life Assurance Co., according to people with knowledge of their...
Catastrophe Reinsurance Prices Will Continue to Drop This Year: Swiss Re
Apr 7 2016 // Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative capital send premiums to their lowest in four years, according to Swiss Re AG. “Price...
Insurance Claims from China’s Tianjin Port Blasts Rise to $3.5B: Swiss Re’s ‘sigma’
Mar 30 2016 // Insurance payouts from the chemical blasts at the Chinese Port of Tianjin last year could total up to $3.5 billion, reinsurer Swiss Re said on Wednesday, in what would be the largest ever man-made loss in Asia. The...
