Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Swiss Re to Host NY Conference on ART Market
Sep 16 2002 // Swiss Re announced that it will host a conference on the Alternative Risk Transfer market, “ART Solutions in a time of capacity shortage,” from 8:30 am to 10:30 am, Thursday, September 19, at the Park Avenue...
Sept. 11 Revisited: The Future of the Industry
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever. Not only were there thousands of lives lost and injured, but many more...
WTC Claims Dispute, $7.1 Billion at Stake
Sep 2 2002 // Despite recent court ordered settlement procedures, the legal dispute pitting Swiss Re and 21 other insurance companies against Silverstein Properties, the master leaseholder on the twin towers of the World Trade Center,...
A Year Later, Industry Takes Stock of Itself
Sep 2 2002 // When the nation awoke on the morning of Tuesday, Sept. 11, little did it know that the events over the next few hours would change its lives forever. Not only were there thousands of lives lost and injured, but many more...
WTC Claims Dispute, $7.1 Billion at Stake
Sep 2 2002 // Despite recent court ordered settlement procedures, the legal dispute pitting Swiss Re and 21 other insurance companies against Silverstein Properties, the master leaseholder on the twin towers of the World Trade Center,...
Swiss Re, Developer Continue to Dispute WTC Cost
Aug 19 2002 // Despite submitting separate settlement offers to a federal judge in Manhattan, Swiss Re and World Trade Center developer Larry Silverstein have yet to come to an agreement over the amount of compensation insurers and...
SWISS RE DETERMINES ACTUAL VALUE AMOUNT FOR WTC
Aug 19 2002 // Swiss Re announced that there are no circumstances under which World Trade Center leaseholder Larry Silverstein can ever recover more than $3.5 billion of insurance proceeds under the coverage he purchased. Swiss...
Swiss Re Creates U.S. Advisory Board
Aug 15 2002 // Swiss Re has established a U.S. Advisory Board to provide advisory and consultative services to Swiss Re America Holding Corporation and its US subsidiaries. The establishment of this Advisory Board reflects Swiss...
Swiss Re Determines Actual Value Amount for WTC
Aug 6 2002 // Swiss Re announced that there are no circumstances under which World Trade Center leaseholder Larry Silverstein can ever recover more than $3.5 billion of insurance proceeds under the coverage he purchased. Swiss...
Swiss Re Receives $255 Million in Catastrophe Protection
Jul 19 2002 // Swiss Re has obtained $255 million of four-year protection against a series of natural catastrophe risks. As part of the transaction, Swiss Re signed a financial contract with PIONEER 2002 Ltd. (PIONEER), a special purpose...
Swiss Re to Host Conference on Greenhouse Gas Emissions
Jul 12 2002 // Swiss Re will host a two-day conference at the at the American Museum of Natural History in New York on July 17 and 18 focusing on the role of greenhouse gas emissions in causing climate change. “The conference will...
Swiss Re Sigma Study Examines London Market
Jul 5 2002 // A New Swiss Re Sigma report examines the state of the London Market, describing the effects of the sweeping changes that have occurred over the last decade, the ongoing consolidations, the market’s continuing...
Judge Rules Swiss Re Can Question GMAC on WTC Settlement
Jul 4 2002 // Swiss Re won another round in its lawsuit with Silverstein Properties over the amount of the recovery for the WTC losses, when Judge John Martin ruled that conversations between Silverstein’s lawyers and GMAC’s...
Trenwick Begins Arbitration with Swiss Re in $55 Million Dispute
Jul 2 2002 // Bermuda-based Trenwick Group Ltd. announced that it has commenced an arbitration proceeding seeking $55 million in damages and other relief against European Reinsurance Company of Zurich, a subsidiary of Swiss Re. Trenwick...
Swiss Re Analysts See Economic Recovery, Hard Market Continuing
Jun 27 2002 // Wednesday’s teleconference, featuring Swiss Re’s economic experts, concluded that a modest economic recovery will continue, the insurance industry will see higher rates and a “flight to quality, ”...
Judge Rules Insurers Can Question Willis on WTC Coverage Form Dispute
Jun 20 2002 // U.S. District Judge John Martin has ruled in favor of a motion filed by Travelers Property Casualty Corp. in the Swiss Re/Silverstein Properties lawsuit over the extent of coverage on the World Trade Center. The motion,...
Swiss Re To Host Mid-Year Economic and Insurance Industry Review
Jun 20 2002 // Swiss Re announced that economic and investment professionals will recap the first half of 2002 and take a look ahead at next six months and beyond at the company’s Mid-year Economic and Insurance Industry Review and...
Swiss Re Publishes Study on Latin American Insurance Industry
Jun 14 2002 // Swiss Re has released its latest “sigma” study, which examines the insurance industry in Latin America emphasizing the growth potential of the region, but warning of the necessity to increase...
WTC Claims Dispute Spills Over
Jun 10 2002 // The legal dispute between Swiss Re and Silverstein Properties, over whether the destruction of the twin towers of the World Trade Center constituted one occurrence or two, has spilled over to involve the Willis group, the...
WTC Claims Dispute Gets Nasty (ier)
Jun 10 2002 // The legal dispute between Swiss Re and Silverstein Properties, over whether the destruction of the twin towers of the World Trade Center constituted one occurrence or two, has spilled over to involve the Willis group, the...