All Swiss Re articles – Page 3
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Swiss Re hires chief commercial officer, Reinsurance Solutions
Paul Latarche joins Swiss Re from Verisk where he currently leads the international sales team
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Global insurance premiums to surpass $7 trillion in 2022 - sigma
However, the combination of a sharply slowing global economy and a multi-decade-high inflation will weigh on total premium growth
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Crypto assets and quantum computing present emerging risks
Are crypto assets implicitly covered by existing property or cyber policies? Asks Swiss Re’s SONAR
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SCOR announces oil underwriting restrictions
The French reinsurer will cease providing cover for new oil field production projects from 2023
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Everest Re’s Mount Logan hires COO
Sfaif brings a “deep specialisation in capital markets and reinsurance convergence”
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Swiss Re reports $248m Q1 net loss
Results reveal impact from the war in Ukraine, nat cat losses and financial market volatility
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Michel Liès succeeds Denis Duverne as IDF chair
Liès is chairman of Zurich Insurance Group and formerly CEO of Swiss Re
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Swiss Re targets ROE of 14% for 2024
The Group has completed its turnaround of Corporate Solutions and improved P&C margins - CEO Mumenthaler
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Swiss Re: Natural catastrophes in 2021: the floodgates are open
In 2021, there were more than 50 severe flood events around the world, resulting in combined economic losses of more than USD 80 billion.
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Swiss Re debuts ‘enhanced’ oil and gas policy
Reinsurance firm Swiss Re will no longer provide individual insurance covers for the top 10% of the most carbon-intensive oil and gas producing companies from July 2023.
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Brit appoints chief technology officer from Swiss Re insurtech startup
(Re)insurance business Brit has appointed Bilge Mert as its new chief technology officer, to help the firm deliver a data driven and technology empowered platform for underwriting, claims and operations.
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Swiss Re appoints new Group Chief Digital & Technology Officer
Swiss Re announced today the appointment of Pravina Ladva as Group Chief Digital & Technology Officer and member of the Group Executive Committee, effective 1 January 2022. Group Chief Operating Officer Anette Bronder will leave the company, and Group Operations will be reorganised.
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Swiss Re agrees to sell elipsLife to Swiss Life International and to enter into a long-term partnership supported by reinsurance
Swiss Re announced today that it has agreed to sell its life insurance subsidiary Elips Life AG (“elipsLife“) to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife’s in-force and new business.
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Swiss Re and Chinese tech giant Baidu partner to advance the ecosystem of autonomous driving
Russell Higginbotham, CEO Reinsurance Asia & Regional President Asia, said: “Our partnership with Baidu is a milestone in Swiss Re’s efforts to access new risk pools and close the protection gap through Swiss Re’s risk management expertise and innovation capabilities.
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Swiss Re estimates Hurricane Ida claims at USD 750 million
Swiss Re estimated its preliminary claims burden from Hurricane Ida at approximately USD 750 million[1]. On an industry level, Swiss Re estimated total insured market losses to be in the range of USD 28–30 billion[2].
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Sustainability: Time to invest in biodiversity
Nature-based solutions can help organisations achieve greater resilience in the face of a changing climate
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Severe weather events drive global insured catastrophe losses of USD 42 billion in first half of 2021
A deep winter freeze, hailstorms and wildfires contributed to natural catastrophe losses of USD 40 billion in the first half of 2021, according to Swiss Re Institute’s preliminary sigma estimates.
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Swiss Re posts strong profit of USD 1.0 billion in first half 2021
Swiss Re’s Group Chief Executive Officer Christian Mumenthaler said: “We are very pleased with the improved profitability achieved by the Group in the first half of this year.
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Swiss Re teams up with Milliman Appleseed to accelerate new entrants offering private flood insurance
The new simplified product offering was developed by Swiss Re to provide flexible coverage for low and moderate flood risks.
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Swiss Re’s iptiQ and ImmoScout24 launch digital loss of rent insurance
Swiss Re’s iptiQ is a white-label provider of property & casualty and life & health insurance. Its unique B2B2C business model, combined with the iptiQ platform, enable brands like ImmoScout24 to offer new digital insurance solutions to their customers.