Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Bond Managers Gain as Pension Funds Flock to Catastrophe Risk
Dec 12 2013 // Funds specializing in insurance-linked risks such as catastrophe bonds are benefiting as the $30 trillion pension industry increases bets in a market that hasn’t posted an annual loss. At Leadenhall Capital Partners...
Swiss Re’s Insurance Outlook for 2014/15 Sees Emerging Market Growth
Dec 2 2013 // In an assessment of the prospects for insurance market in 2014/15, Swiss Re’s latest report concludes that “global economic growth will continue to strengthen in 2014, which will in turn “support on-going...
UPDATE: Swiss Re Buying Zurich’s Stake in New China Life for $493 Million
Nov 21 2013 // Swiss Re announced that it has entered into a transaction with Zurich Insurance Company Ltd to acquire a 4.9 percent stake in New China Life Insurance Company Ltd, in a move it described as reaffirming its...
Swiss Re to Buy Stake in Brazil’s Sul America
Nov 18 2013 // Swiss Re Ltd., the world’s second- largest reinsurer, agreed to buy an 11 percent stake in Sul America SA from ING Groep NV to expand in Brazil. The reinsurer will also purchase a 3.8 percent holding in Rio de...
Swiss Re Q3 Net Beats Analyst Forecasts as Non-Life Sales Jump
Nov 7 2013 // Swiss Re Ltd., the world’s second- biggest reinsurer, reported better than expected third-quarter profit after non-life premiums rose by a fifth. Net income fell 51 percent to $1.07 billion from a year ago, the...
E&O Dangers for Agents
Nov 4 2013 // Specializing is one way to get ahead in today’s insurance world. But becoming an expert comes with its own share of risks. Phrases such as “expert” or “specialist” have the potential to raise...
Swiss Re Sees Emerging Market Construction Boosting Premiums
Oct 31 2013 // Swiss Re Ltd., the world’s second-biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in emerging markets through 2030 may translate into $68 billion in premiums for...
Many New Yorkers Say City’s Storm Risk Rising: Swiss Re Survey
Oct 16 2013 // With Superstorm Sandy’s one-year anniversary approaching, 51 percent of New Yorkers believe that the risk of their city being hit by another powerful storm will increase over the next two decades, according to a...
Swiss Re in Pact with Pacific Century for Asia Life Investment
Oct 16 2013 // Swiss Re announced that it has entered into an agreement with Pacific Century Group to invest up to $425 million in FWD Group, describing it as a confirmation of its “commitment to the High Growth...
Swiss Re Report on France Highlights Economic Concerns
Oct 15 2013 // France’s current economic concerns overshadow fears for longer-term issues, according to a risk perception survey, commissioned by Swiss Re, released at a conference held in Paris last Thursday. Swiss Re concluded...
Swiss Re’s Head of Casualty Jayne Plunkett Explains Why It’s a ‘Social Science’
Oct 8 2013 // Jayne Plunkett, possibly the second most well-known person from Iowa after Bill Bryson, heads Swiss Re’s International casualty reinsurance operations. In the interview she explains that, as you’re dealing with...
Improving Meadowbrook Ends Reinsurance Deal with Swiss Re
Oct 3 2013 // Meadowbrook Insurance Group Inc. and Swiss Re have mutually agreed to terminate a quota-share reinsurance agreement that was put in place late last year, Meadowbrook said Wednesday. The insurer said it has bolstered its...
Swiss Re Estimates $240 Million in Claims from German July Hail Storms
Sep 23 2013 // Swiss Re said it estimates industry wide insured losses from the hail storms in northern and Southern Germany in July will be between $2.0 and $2.7 billion, while it’s estimating its own claims burden to be...
Swiss Re Opens French Operation for Hull and Cargo Coverage
Sep 20 2013 // Swiss Re Corporate Solutions announced the expansion of its Marine insurance presence in Continental Europe through the formation of a dedicated underwriting team in Paris. The new unit officially started operations in...
River Floods, Earthquakes are Highest Risk to Urban Areas: Swiss Re Report
Sep 18 2013 // River floods top the list of risks posing dangers to more people than any other natural catastrophe, according to a new Swiss Re report, which “benchmarks” the natural catastrophe risks faced by 1.7 billion...
Alternative Capital Dominates Discussions at Reinsurance Rendez-vous
Sep 11 2013 // The 57th Reinsurance Rendez-vous is winding down, and, while it’s been another successful networking opportunity for the re/insurance industry’s movers and shakers, most of the discussions have ended on a note...
Swiss Re ‘Not Alarmed’ by New Capital
Sep 9 2013 // Swiss Re expects natural catastrophe pricing rates to stabilize in 2014 after a decline this year, with demand for the cover doubling by 2020 in high-growth markets. The Swiss reinsurer, which helps insurers shoulder risks...
Most People Believe World Is Getting Riskier: Swiss Re
Sep 9 2013 // A new survey, commissioned by Swiss Re on the occasion of its 150th anniversary, has found that people around the world say they’re acutely aware of the risks they may face in the future, and are ready to shoulder...
Capital Oversupply Could Pressure Reinsurers to Lower Rates
Sep 4 2013 // Munich Re and Swiss Re Ltd. are among reinsurers likely to face further pressure to lower the rates they charge clients as the capital available for backing policies remains near a record high, brokers said. “With...
Swiss Re Survey Finds Most People Believe World is Getting Riskier
Sep 3 2013 // A key finding from a landmark survey commissioned by Swiss Re on the occasion of its 150th anniversary, has found that “people around the world say they’re acutely aware of the risks they may face in the...
