Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Harvard Law School Receives Grant from Swiss Re for Study
May 25 2001 // Harvard Law School’s Program on International Financial Systems has received a grant to study worldwide capital adequacy regulation of financial institutions. The project, supported by Swiss Reinsurance Company, will...
Swiss Re Sues XL Over Armstrong Credit Swap
May 23 2001 // Swiss Re Financial Products Corp. has filed suit in New York against XL Insurance Ltd. over its refusal to pay a $20 million claim made by Swiss Re FP in connection with the bankruptcy of Armstrong World Industries last...
Amwest Surety Placed Under Order of Supervision
May 21 2001 // Calabasas, Calif.-based Amwest Insurance Group Inc. recently announced that its subsidiary, Amwest Surety Insurance Company (Amwest Surety), had agreed to be placed under an Administrative Order of Supervision by the...
Swiss Re Affirmed
May 7 2001 // The “AAA” counterparty credit and insurer financial strength rating on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed by Standard & Poor’s (S&P), which also revised the...
Swiss Re Study Examines U.S. European Economic Scenarios
May 3 2001 // A study just released by Swiss Re Economic Research & Consulting finds that the U.S. economy is more vulnerable in the short-term to recessionary pressures, but that in the long-term European economies are more likely...
Swiss Re To Acquire Southwestern Life Holdings
Apr 30 2001 // Swiss Re announced it had agreed to acquire Dallas-based Southwestern Life Holdings, Inc., which specializes in life, health, annuities and long term care products, in an all cash transaction valued at $171 million. The...
Swiss Re 2000 Profits Rose 21 % To $1.74 Billion
Apr 27 2001 // Swiss Re’s 2000 net profits rose 21 percent to SwFrs. 2.966 billion ($1.74 billion) on strong growth in all sectors, life, non-life, and return on investments. The company also announced a 20-for-1 stock split...
Swiss Re To Buy MetLife’s Conning
Apr 26 2001 // In line with its plans to expand its financial service activities, Swiss Re announced that it would acquire MetLIfe’s asset management subsidiary Conning Corp. for an undisclosed price. Conning specializes “in...
Swiss Re Affirmed
Apr 23 2001 // The “AAA” counterparty credit and insurer FSR on Swiss Reinsurance Co. (SRZ) and related core subsidiaries were affirmed by S&P, which also revised the outlook on all core company ratings from negative to...
Swiss Re Upgrades Internet Portal
Apr 10 2001 // Swiss Re announced that it was “adding four specialized tools to the Swiss Re Portal, the company’s Internet-based gateway to its e-business initiatives,” for its North American clients. Launched last...
Swiss Re Study Finds Lower Cat Losses, Rising Rates
Mar 16 2001 // A recent study released by Swiss Re, confirms that insured catastrophe losses for 2000 totaled $10.6 billion, falling significantly below those in 1999, which reached $32.9 billion.The survey also concluded that p/c...
Rise in Reinsurance Rates Propelled By a More Cautious Approach
Feb 26 2001 // The long-awaited hardening of reinsurance rates may finally be occurring, as companies reassess their capacity commitments and take a more critical look at their risk exposures, particularly concerning natural...
New Swiss Re sigma Study: Insurance Industry in Central and Eastern Europe — Current Trends and Pro
Feb 21 2001 // The latest sigma study from Swiss Re provides a detailed overview of Central and Eastern European insurance markets with an analysis of the latest developments in life and non-life insurance in 27 countries, including the...
More Cautious Approach Propels Reinsurance Rate Rise
Feb 19 2001 // The long awaited hardening of reinsurance rates may finally be occurring, as companies reassess their capacity commitments and take a more critical look at their risk exposures, particularly concerning natural...
Swiss Re Says Earnings Up, Non-Life Renewals Successful
Feb 8 2001 // Swiss Re announced that it “expects earnings for the year 2000 to be up slightly more than 20%,” and that “significant improvements” had been made in the recent reinsurance renewal period. The...
Swiss Re Plans U.S. Internet Life Venture
Jan 23 2001 // London’s Financial Times reports that Swiss Re plans to start a joint venture with a technology company to offer life insurance products in the U.S. via the Internet within the next few months. The world’s...
Swiss Re Gives Preliminary Catastrophe Figures For 2000
Jan 11 2001 // Swiss Re published the following preliminary estimates of the losses caused by natural and man-made catastrophes in the year 2000: 17,000 lives were lost, direct losses were around $38 billion, and $11 billion in insured...
Fitch Publishes Report on Swiss Re Mexico
Jan 5 2001 // Fitch rating agency has published a report affirming the ‘AAA’ rating of Swiss Re Mexico S.A., and its subsidiary Reaseguros Alianza Panama, S.A., which is in runoff, at ‘A.’ The brief announcement...
Swiss Re, Munich Re Start Joint Internet Venture
Dec 19 2000 // The world’s two largest reinsurers, Munich Re and Swiss Re, whose combined premiums total over $25 billion, have teamed up with Internet Capital Group, a leading B2B provider, and Andersen Consulting to launch...
Swiss Re Study Examines World Insurance Market – 1999 Results
Dec 14 2000 // A new Swiss Re Sigma study gives an in depth look at the global insurance market based on 1999 premium figures from 134 countries. The industry, paced by booming life insurance sales, posted a 4.5 percent gain last...
