Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Underinsurance of Property Is Growing Global Challenge: Swiss Re Report
Sep 15 2015 // The underinsurance of property risk – particularly natural catastrophe risks – has risen steadily over the past 40 years, even though claims payments have increased significantly during that period, according to Swiss...
Estimates for 1stHY 2015 Puts Cat Economic Losses at $37 Bn: Swiss Re Study
Aug 11 2015 // A new sigma study from Swiss Re estimates that “total economic losses from natural catastrophes and man-made disasters reached $37 billion in the first half of 2015. The global insurance industry covered nearly 45...
New Madrid Report Shows Need for Quake Insurance, Missouri Insurance Director Says
Aug 3 2015 // Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance. Missouri...
Swiss Re P&C Unit Misses Earnings Targets; Shares Drop
Jul 30 2015 // Shares in Swiss Re, Europe’s second-biggest reinsurer, fell the most since April in Zurich trading after second quarter earnings missed analysts’ estimates on lower profitability at its property and casualty...
New Madrid Study Shows Need for Quake Coverage: Missouri Insurance Director
Jul 28 2015 // Missouri’s top insurance regulator says a new report on exposures within the reach of the New Madrid seismic zone reinforces the need for residents in affected areas to purchase earthquake insurance. Missouri...
Qin Lu to Head Aon Benfield, Aon Risk Solutions in China
Jul 24 2015 // Aon announced that Qin Lu has joined the group as CEO, Aon Benfield Greater China and CEO, Aon Risk Solutions, China, to take effect later this year. The bulletin said the new appointment would “help to align...
Food Liability Costs Surging in Global Economy: Swiss Re
Jul 20 2015 // Liability costs involving food contamination are soaring, and a globalized supply chain has made risk management much more challenging. In a new report, Swiss Re says that the number of annual food recalls have nearly...
Number of Food Recalls and Their Costs Are Increasing: Swiss Re Report
Jul 15 2015 // “Food manufacturers operate in a vast, globalized supply chain, where one mislabeled product or contaminated ingredient can cause sickness, death, multi-million dollar losses and massive reputational damage for the...
Swiss Re Corporate Solutions Names Wally Country Manager South Africa
Jul 13 2015 // Swiss Re Corporate Solutions has named Natasha Wally as Country Manager for South Africa. She will head up the company’s wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd. Wally...
Swiss Re Corporate Solutions Opens Madrid Office
Jul 7 2015 // Swiss Re Corporate Solutions announced that it has opened an office in Madrid, Spain, to reinforce its presence in the Iberian Peninsula. It will offer the company’s range of products and customized services via a...
Advanced Markets Drive 3.7% Global Premium Growth in 2014: Swiss Re
Jun 24 2015 // The global insurance industry gained momentum in 2014, with total direct premiums increasing by 3.7 percent to $4.778 trillion after having stagnated the previous year, according to Swiss Re’s latest...
Swiss Re to Expand Infrastructure Investments: Chief Investment Officer
Jun 19 2015 // Swiss Re AG Chief Investment Officer Guido Fuerer said the world’s second-biggest reinsurer would invest as much as 5 percent of its funds in infrastructure if securities used to fund projects were more easily...
Financial Repression’s Unintended Consequences: Swiss Re Market Consensus
Jun 16 2015 // Swiss Re has issued a statement, following a meeting with senior private and public sector market participants on June 16, entitled “Financial repression – the unintended consequences.” The statement said...
Swiss Re Targets Nigerian Acquisition, Seeking to Tap African Growth Rates
Jun 2 2015 // Swiss Re AG, which has had an African presence for more than 60 years, said it’s in talks with Nigerian insurers to buy minority stakes and benefit from growth in the continent’s largest...
Swiss Re Names Knox Regional Sales Team Leader in West
Jun 2 2015 // Swiss Re Corporate Solutions has named Jennifer Knox to its North America regional sales team as senior vice president and sales leader of the West region. Knox will be based in Santa Ana, Calif. She is responsible for...
Kwan Named E&S Casualty Senior VP for Swiss Re Corporate Solutions
Jun 2 2015 // Swiss Re Corporate Solutions has added Michael Kwan to its North American leadership team based in Santa Ana, California. Kwan joins the Casualty North America leadership team as senior vice president and head of Excess...
Swiss Re Identifies Top Emerging Risks
May 20 2015 // De-globalization and political conflict, large natural catastrophes, financial repression and the challenge posed by the “Internet of Things” are some of the risks identified in this year’s “New...
Swiss Re sigma Report Examines Role of Insurance in M&A Deals
May 12 2015 // A new sigma report –”M&A in insurance: start of a new wave?” – from Swiss Re points out that “merger and acquisition (M&A) activity in the insurance industry is rising although the number...
Catastrophe Bonds Risk Subprime Slice-Up, Swiss Re Says
Apr 30 2015 // Swiss Re, Europe’s second-biggest reinsurer, said regulators should prevent catastrophe bonds from being repackaged like subprime mortgages. “It’s important for traditional players like us and regulators...
Swiss Re Posts 17% Increase in Q1 Net income to $1.4 Billion
Apr 30 2015 // Swiss Re reported strong results for the first quarter of 2015, with net income rising 17 percent to $1.4 billion and ROE of 16.1 percent, “driven by profitability across all Business Units and strong investment...
