Swiss Re News

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Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million

Mar 19 2025 // Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million) — a decision the reinsurer made after a review of its investment...

Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO

Feb 27 2025 // Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and brokers more closely at the country level with the introduction of market...

Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires

Feb 27 2025 // Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European reinsurer to disclose a hit from the...

Aon, Floodbase, Swiss Re Team on Parametric Storm Surge Solution for US Hurricane

Feb 5 2025 // Aon plc said it has launched a new parametric insurance solution designed to address and mitigate commercial losses from hurricane-related storm surge along the coast of the U.S. Developed with parametric flood insurance...

Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025

Dec 20 2024 // Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to...

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