Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Swiss Re Economists Note Stock Market Risk
Dec 3 2004 // Swiss Re’s eighth survey of economists’ opinions shows they consider stock market risk to be substantial. The reinsurer’s “Economic Risk Survey,” conducted in October, also indicated that the...
Swiss Re Insurance Review Sees Continued Profits; Slower Premium Growth
Dec 2 2004 // Swiss Re held its annual review and outlook on insurance markets in London yesterday, Dec.1. Looking to the future, the company predicted that the life and non-life industry’s 2004 return to profitability would...
Aon Re Services Appoints Jean-Mairet as Director – Structured and Traditional Life Reinsurance – Europe
Nov 24 2004 // Aon Re Services Global Accident, Health and Life announced that Eduardo Jean-Mairet has joined the Life practice group as Director – Structured and Traditional Life Reinsurance (Europe). “He will use his...
Swiss Re Hosts Investors’ Day Conference
Nov 24 2004 // Swiss Re hosted its annual Investors’ Day at its Rüschlikon Conference Center near Zurich, yesterday, Nov. 23. The presentation offered additional insights into the Group’s risk management framework and a...
Swiss Re Hurricane Report Stresses Risk Analysis
Nov 23 2004 // Swiss Re’s recently issued report on the 2004 hurricane season stresses that, although the number of storms may have been extraordinary, “the impact on insurers has been controllable through a process of...
Swiss Re Receives SEC, Spitzer Subpoena Requests
Nov 22 2004 // Swiss Re announced that it has received subpoenas from New York State Attorney General Eliot Spitzer and the Securities and Exchange Commission in connection with their investigations into the use of finite, or...
Swiss Re Estimates Hurricane Jeanne Claims at Around $150 Million
Oct 7 2004 // Swiss Re announced that, based on current estimates, it expects claims related to Hurricane Jeanne to be approximately $150 million before tax. The bulletin noted that Jeanne was the “fourth hurricane to make...
Swiss Re Estimates Hurricane Ivan, Typhoon Songda Claims Around $300 Million
Sep 27 2004 // Swiss Re announced that, based on current estimates, it expects its claims related to Hurricane Ivan and Typhoon Songda to be approximately $300 million before tax. The bulletin noted that these estimates are in addition...
S&P Lowers Outlook on Swiss Re; Affirms ‘AA’ Rating
Sep 9 2004 // Standard & Poor’s Ratings Services announced that it has revised its outlook on global reinsurer Swiss Reinsurance Co. and related entities of the Swiss Re group to negative from stable. At the same time,...
Swiss Re Estimates Aggregate Claims for Hurricanes Charley and Frances to be Under $300 million
Sep 8 2004 // Swiss Re announced that based on current estimates, it expects that its aggregate claims related to the hurricanes Charley and Frances will be under $300 million before tax. The reinsurer’s estimate on Hurricane...
Swiss Re 1st Half Net Doubles to $1.1 Billion
Aug 26 2004 // Swiss Re’s excellent results for the first half of 2004 is additional evidence that 2004 promises to be a banner year for industry bottom lines. The Zurich-based reinsurer announced that its net income during the...
Swiss Re Receives Taiwan Branch License
Jul 7 2004 // Swiss Re announced that it has been granted a reinsurance branch license from Taiwan’s Ministry of Finance to open an office in the capital city, Taipei. It is the first international reinsurance company to receive...
Swiss Re Economists See Prolonged Hard Market
Jul 5 2004 // Swiss Re’s chief economist believes that strong economic growth, coupled with a slight uptick in inflation, will force the Federal Reserve to raise the federal funds rate to close to 2 percent by the end of...
Swiss Re to Acquire Life Assurance Holding Corp.
Jul 2 2004 // In a move designed to increase its presence in the U.K.’s life and pension market, Swiss Re announced that it will acquire the shares of Life Assurance Holding Corporation Limited (LAHC), including its life insurance...
Swiss Re Completes Sale of $776 Million of Mandatory Convertible Bonds
Jul 2 2004 // Swiss Re announced the successful completion for its offering of three-year mandatory convertible securities, which is expected to generate proceeds of 640 million euros ($776 million). The transaction, which Swiss Re said...
Direct Insurers “On the Road to Recovery” Says New Swiss Re Sigma Study
Jun 28 2004 // A newly published Swiss Re sigma study found that “the direct insurance industry is on the road to recovery with further progress expected this year.” Worldwide premiums for life and non-life insurance grew by...
Swiss Re Economic Review Remains Positive
Jun 23 2004 // Swiss Re held its semi-annual economic review teleconference yesterday, June 22. The overall view of the company’s economists for the first six months of 2004 was generally positive. Kurt Karl, Chief Economist, Swiss...
Swiss Re Announces Executive Board Changes
Jun 3 2004 // Swiss Re has announced two executive appointments effective as of January 1, 2005. Christian Mumenthaler has been named as Chief Risk Officer of Swiss Re Group, succeeding Bruno Porro who will retire at the end of...
Moody’s Lowers Swiss Re’s Ratings
May 27 2004 // Moody’s Investors Service announced that it had downgraded the insurance financial strength rating and long-term debt ratings of Swiss Reinsurance Company and its various guaranteed and non-guaranteed subsidiaries by...
Swiss Re Sees U.S. Economy Strengthening
May 20 2004 // Swiss Re’s seventh survey of economists’ opinions of the U.S. economy found that there is far less concern over drastic declines in equity markets and the value of the dollar, but fears of inflationary...
