10th July 2017
Australia's Ensurance Ltd has announced that its wholly owned Managing General Agency (MGA) subsidiary, Ensurance UK Ltd, has partnered with Swiss Re Corporate Solutions and XL Catlin, and also received Lloyd's Coverholder status as it continues its plans for international growth. Ensurance UK Ltd will initially specialise in construction and engineering ... Read the full article
7th July 2017
Swiss Re has become one of the first reinsurers to incorporate benchmarks to systematically integrate environmental, social and governance (ESG) criteria into the firm's investment decisions - a process which the firm said improves investment value by reducing downside risks for long-term investors. These benchmarks place a renewed emphasis on ESG ... Read the full article
7th July 2017
Swiss Re has partnered with Chinese property and casualty insurer, Ping An, to offer China's first ever mobile-enabled parametric cover for property insurance for typhoon response and post-disaster recovery for high-risk regions. Under the agreement, Swiss Re provides reinsurance and technological support as well as its catastrophe models and data on natural ... Read the full article
6th July 2017
At last week's World Economic Forum Summit in China, Swiss Re signed a Memorandum of Understanding (MoU) with the Chinese Dalian city administration to improve its comprehensive insurance programme for disaster resilience. The programme includes catastrophic insurance solutions to protect against natural and man-made disasters such as fire and explosion. Vice Mayor ... Read the full article
5th July 2017
Global insurance premium growth totalled 3.1% in 2016, a decline when compared with the previous year, and with much of the expansion coming from China and other emerging markets, according to the Swiss Re Institute's latest sigma study. Global insurance premium growth declined from the 4.3% reported in 2015 to 3.1% in ... Read the full article
4th July 2017
Reinsurance giant Swiss Re has announced that Christian Kreutzer will succeed Andrea Fuchs as Head of Market Underwriting for Austria, Central & Eastern Europe, effective July 1st, 2017. xprimm.com reports that Kreutzer is currently based in Hong Kong, where he led Swiss Re's Facultative P&C team for the Asia-Pacific region from August 2015, ... Read the full article
3rd July 2017
A joint venture between Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re, and Bradesco Seguros S.A., which was first announced in October 2016, has completed and officially started operations in Brazil. Bradesco Seguros S.A.'s commercial large-risk portfolio has now been integrated into Swiss Re Corporate Solutions Brasil ... Read the full article
29th June 2017
The global reinsurance industry has collaborated with and assisted the World Bank's launch of specialist bonds to support the $500 million Pandemic Emergency Financing Facility (PEF), which is designed to rapidly disburse funds to eligible countries facing a major disease outbreak. In response to the high financial, social and economic loss driven ... Read the full article
28th June 2017
Along with wind and sun, China has harnessed the power of insurance to catalyse its clean energy revolution, after having successfully pioneered government led re/insurance partnerships to safe-guard regional development with an index insurance scheme that makes a post-disaster payout to local government. China is the world's largest producer of renewable energy ... Read the full article
15th June 2017
Global reinsurance specialist Swiss Re has appointed Daniela Read the full article
13th June 2017
Swiss Re's Group Chief Risk Officer (CRO), Patrick Raaflaub, warned re/insurers to take a proactive stance to prepare for emerging risks, after the reinsurance giant released its 2017 SONAR report with insights on top risks set to threaten society and shape demands on the re/insurance world in coming years. Raaflaub said; "Ignoring emerging ... Read the full article
8th June 2017
Global reinsurance firm Swiss Re has added a new office in Manchester, UK for its commercial insurance operations, under Swiss Re Corporate Solutions, as it seeks to strengthen its UK presence. Swiss Re wants to grow its regional commercial insurance portfolio across the UK, with the northwest offering plenty of opportunity ... Read the full article
7th June 2017
Global reinsurance giant Swiss Re has made another senior appointment within its commercial insurance focused arm, naming Melanie Slack as CEO Australia & New Zealand for Swiss Re Corporate Solutions. Slack has been with Swiss Re since 2002, gaining international experience across a variety of senior management positions in Asia, Europe ... Read the full article
2nd June 2017
Reinsurance giants Swiss Re and Munich Re have added their voices to the growing international condemnation of Trump’s decision to exit the Paris Climate Agreement. The Swiss reinsurer - which has been researching climate change and its effects for the past 30 years - said; "we can say: it is a ... Read the full article
24th May 2017
Swiss Re Corporate Solutions, the commercial insurance arm of global reinsurance player Swiss Re, has named two new regional Chief Executive Officers (CEO), Fred Kleiterp as CEO Europe, Middle East, Africa (EMEA) and Jonathan Rake as CEO Asia Pacific. Kleiterp currently holds the role of CEO Asia Pacific, Swiss Re Corporate ... Read the full article
