Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Swiss Re’s Eisele Joins Guy Carpenter as CEO of Pacific Region; Eider Joins Advisory Board
Sep 8 2017 // Global reinsurance specialist Guy Carpenter & Co., a wholly-owned subsidiary of Marsh & McLennan Companies, has appointed Andre Eisele to the role of CEO of the Pacific Region. In addition, Heinrich Eder will join...
Here’s What a Category 5 Hurricane Could Do to Florida
Sep 7 2017 // Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, but the risk of such a storm has not gone away or even declined. In fact, the state’s risk of...
Zurich Insurance Taps Martin from Swiss Re as Group CRO, Succeeding Reyes
Sep 1 2017 // Zurich Insurance Group announced that Alison Martin will join the group on Oct. 1, 2017 and will assume the role of group chief risk officer in January 2018. She will succeed Cecilia Reyes, Zurich’s current group...
25 Years Later…What If an Andrew-Type Storm Hit Florida Today?
Aug 28 2017 // Though Florida hasn’t suffered a category 5 storm since Hurricane Andrew hit the north Miami area on Aug. 24 1992, the risk of such a storm has not gone away or even declined. In fact, the state’s risk of...
Swiss Re: Miami Is More Vulnerable to Hurricanes Like Andrew
Aug 21 2017 // Almost 25 years have passed since a Category 5 hurricane struck south of Miami, and the city’s vulnerability to catastrophic storm damage has grown exponentially, according to a new insurance underwriters’...
Global Insured H1 Losses from Natural, Man-Made Disasters Were $23B: Swiss Re
Aug 18 2017 // Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled US$23 billion, while economic losses during the same period came to US$44 billion – an indication of the extent of...
Swiss Re Corporate Solutions Forms Global Contingency & Sports PA Team
Aug 17 2017 // Swiss Re Corporate Solutions has created a global Contingency and Sports Personal Accident (PA) team and appointed Jonathan Cole as head Contingency and Sports PA, effective immediately. Cole will be responsible for...
4 European Reinsurers Maintain Pricing Discipline in Tough Market: Fitch
Aug 17 2017 // The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and policy terms without a significant drop in their business volumes, despite relentless soft market...
Swiss Re: Miami Is More Vulnerable to Hurricanes Like Andrew
Aug 10 2017 // Almost 25 years have passed since a Category 5 hurricane struck south of Miami, and the city’s vulnerability to catastrophic storm damage has grown exponentially, according to a new insurance underwriters’...
Report Calls out $361M of Euro Insurer Assets in Expanding Coal Concerns
Aug 3 2017 // A climate activist group is calling out a handful of European insurers for having significant holdings in fossil fuels despite pledges by the companies to be more climate friendly. A report released today alleges that...
Report: Climate Change May Pose Threat to Nation’s Electric Grid
Jul 27 2017 // Climate change may pose a serious risk to the nation’s electric grid, according to a new report. The report was prepared by Johns Hopkins University with help from Swiss Re. “Lights out: The risks of climate...
Swiss Re, Ping An Offer China’s 1st Mobile-Enabled Parametric Insurance Cover
Jul 7 2017 // Swiss Re has partnered with Ping An Property & Casualty Insurance Co. of China Ltd. to launch China’s first mobile-enabled typhoon property parametric insurance solution. This solution is designed to provide an...
Swiss Re Bases Entire $130B Liquid Investment Portfolio on Ethical Principles
Jul 7 2017 // Swiss Re is switching the entire $130 billion it holds in liquid assets to track ethical indices, the latest move towards principled investments by the insurance industry. The world’s second-largest reinsurer is 90...
Global Premium Growth Slows in 2016 – with China as Exception: Swiss Re
Jul 6 2017 // Global insurance premiums increased by 3.1 percent in real terms during 2016, down from growth of 4.3 percent reported in 2015, according to Swiss Re Institute’s sigma study. The report described last year’s...
Ex-Swiss Re CEO Liès to Be Named Chair of Zurich Insurance, Succeeding de Swaan
Jul 6 2017 // Zurich Insurance Group’s board of directors announced it will elect the former group CEO of Swiss Re, Michel M. Liès, as its new chairman. The election will be held at the group’s annual general meeting on...
U.S. P/C Insurance Industry Keeps Quiet on Trump Exit from Paris Climate Accord
Jun 19 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Protectionism, Cloud Accumulation, Water Stress Among 20 Emerging Risks Facing Insurance Industry: Swiss Re
Jun 13 2017 // Reduced market access, regulatory fragmentation, the return of inflation and cloud risk accumulation pose the largest challenges with the highest downside risk potential in the short term, according to experts at Swiss...
Swiss Re Corporate Solutions Opens Manchester Office for UK Regional Growth
Jun 12 2017 // Swiss Re Corporate Solutions announced it has opened an office in Manchester, UK, in order to grow its regional commercial insurance portfolio. The operation will serve large and upper mid-sized companies through national...
U.S. P/C Insurance Industry Mostly Silent on Trump Exit from Paris Climate Accord
Jun 6 2017 // The U.S. property/casualty insurance industry, which has been facing rising claims bills for extreme weather events, mostly reacted with silence to President Donald Trump’s decision to withdraw the country from the...
Swiss Re Corporate Solutions Names Rake as CEO Asia Pacific
May 25 2017 // Swiss Re Corporate Solutions has appointed Jonathan Rake as CEO Asia Pacific, based in Singapore. Rake will move from his current position as head South East Asia and assumes the new role on July 1, 2017. He succeeds Fred...
