All Swiss Re articles – Page 2
-
NewsTechnology is driving market change – Swiss Re Solutions’ Higginbotham
AI isn’t putting commercial and specialty lines underwriters out of a job anytime soon, but technology can reduce the protection gap, expanding the re/insurance market into fresh pastures, Russell Higginbotham, CEO of reinsurance solutions, Swiss Re suggests.
-
NewsSwiss Re: SCS losses reach record $60bn in 2023
The reinsurer said natural catastrophes will once again break several loss records in 2023, with severe convective storms driving the numbers.
-
NewsSwiss Re calls for insurance innovation to meet digital risks
Latest Sigma study from the Swiss Re Institute focuses on the threat posed by a digital risk protection gap.
-
NewsGuy Carpenter appoints Dimitrijevic to lead APAC capital advisory
The reinsurance broker’s new regional head of capital advisory was previously led Swiss Re’s P&C business management for Asia Pacific.
-
NewsAM Best’s ranks top 50 reinsurers: Munich Re, Swiss Re make up a quarter of GPW
Munich Re was ranked top, across non-life and life business, followed by Swiss Re, Hannover Re, Canada Life Re and Berkshire Hathaway.
-
NewsSevere US storms broke records for H1 nat cat losses – Swiss Re
Severe convective storms drove global natural catastrophe insured losses, which reached $50bn across all perils, according to the Swiss Re Institute.
-
NewsSwiss Re joins exodus from NZIA
Swiss Re has abandoned the Net Zero Insurance Alliance, without giving a reason.
-
NewsResults comparison: solid Swiss Re result just short of Munich’s combined ratio
Swiss Re’s P&C combined ratio was 97.2% for the first quarter, slightly less profitable than the 86.5% posted by German rival Munich Re; both reinsurers had higher than anticipated cat losses, driven by Turkey’s earthquakes.
-
NewsSwiss Re chairman Sergio Ermotti takes the helm at UBS
UBS rehired Ermotti as CEO to steer its massive takeover of neighbour Credit Suisse
-
NewsIndustry cannot be expected to foot climate bill – Swiss Re
‘Holistic adaptation roadmaps that cut across all levels of society and sectors are vitally needed,’ says UK and Ireland chief executive
-
NewsNew York parametric flood pilot will use satellite data
Guy Carpenter, Swiss Re and ICEYE have joined forces to test a parametric flood insurance program for New York City
-
NewsSwiss Re secures $700m in second stop-loss deal with JP Morgan
Transaction offers the reinsurer “cost-efficient capital that can be deployed in the current attractive market”
-
NewsSwiss Re posts 2022 net income of $472m after tumultuous year
Large nat cat claims reached $2.7 billion as the P&C Re combined ratio rose to 102.4% for the full year
-
NewsTürkiye quakes to cost an estimated $1 billion
Devastating earthquakes will add to an already challenging operating environment for Turkish re/insurers, warns AM Best
-
NewsSwiss Re splits business into P&C Re and L&H Re
Urs Baertschi will lead P&C Re and Moses Ojeisekhoba will take over leadership of Global Clients and Solutions
-
NewsSwiss Re’s three renewals takeaways
Capacity conundrums, late negotiations, rate increases and tighter wordings all came into play at 1 January
-
NewsSwiss Re appoints Velina Peneva as Group CIO
She will succeed Guido Fürer following his retirement after 25 years at Swiss Re
-
NewsInsurance sector ‘perfectly positioned’ for carbon removal action – Swiss Re
Swiss Re’s senior risk manager advises underwriters to not be ‘scared’ of providing cover for carbon removal
-
NewsMixed picture for global reinsurers’ YTD results
SCOR, Swiss Re and MS&AD experienced the most deterioration in combined ratios following Hurricane Ian - Gallagher Re
-
NewsNigeria gains parametric flood resilience scheme
Solution will pay out based on flood magnitude with funds targeted for immediate infrastructure reconstruction
