Reinsurance News
Swiss Re news
News on one of the world’s largest reinsurance companies Swiss Re.
Swiss Re is a leading global reinsurance company and our news covers its announcements, people moves, results and financial performance, as well as analysis of reinsurance market trends and interviews.
Swiss Re has a lot of appetite for property & nat cat following 1/1 renewals: CFO, Dacey
27th February 2025
Speaking earlier today during Swiss Re's FY24 earnings call, John Dacey, Group Chief Financial Officer (CFO), stated that following the key January 1st reinsurance renewals, Swiss Re has a lot of appetite for both property and natural catastrophe business. Swiss Re reported this morning that it generated net income of ... Read the full article
LA wildfires ~35% of Swiss Re’s FY’25 nat cat budget, CFO expects event to mitigate downward price pressure
27th February 2025
Reinsurance giant Swiss Re said this morning that it currently estimates losses from the Los Angeles, California wildfires of less than $700 million, which Chief Financial Officer (CFO), John Dacey, confirmed is more than a third of its full year 2025 budget for natural catastrophes of €2 billion. "$700 million is ... Read the full article
Swiss Re CorSo appoints Katie McGrath as CUO, unveils restructure
27th February 2025
Swiss Re Corporate Solutions has appointed Katie McGrath as Chief Underwriting Officer and introduced a new organisational structure, featuring Market Units, to better serve corporates and brokers at the country level. McGrath, who has more than 25 years of experience across multiple roles in commercial insurance, joined Swiss Re Corporate Solutions ... Read the full article
Swiss Re’s net income rises to $3.2bn for 2024 as P&C Re book grows 7% at Jan 1 renewals
27th February 2025
Global reinsurer Swiss Re generated net income of $3.2 billion in 2024, up roughly 3% on 2023's $3.1 billion, driven in part by disciplined underwriting of new business as the firm's underwriting profit declined by approximately 9% to a still strong $4.3 billion. Group-wide, Swiss Re has today reported an ROE ... Read the full article
Swiss Re calls for coordinated effort to mitigate flood risks in UK
14th February 2025
Jason Richards, CEO of P&C Reinsurance for the UK & Ireland at Swiss Re, is calling for a coordinated effort by the government, re/insurers, and the broader business community to build more resilient infrastructure to mitigate the growing risks of floods and winter storms, especially where development in flood-prone areas ... Read the full article
Natural habitats can reduce insured nat cat losses: Swiss Re Institute
13th February 2025
Natural habitats like mangrove swamps and salt marshes can provide significant protection against storms and help reduce insurance losses, according to a recent Swiss Re Institute article. Swiss Re studied Florida’s coastline, which has the highest exposure to storm surge of any U.S. state, and found that natural protection in these ... Read the full article
Swiss Re promotes Lloyd Campbell-Gibson to Head of L&H, ANZ
6th February 2025
Global reinsurance giant Swiss Re has appointed Lloyd Campbell-Gibson as its Head of Life & Health (L&H) for Australia and New Zealand. Michael Paff currently serves in the role, on an interim basis and will transition to the role of Head of Client Management L&H Australia and New Zealand. Gibson has over ... Read the full article
Aon, Swiss Re, and Floodbase reveal parametric insurance solution to mitigate hurricane storm surge losses
5th February 2025
Aon plc, a professional services firm specialising in risk management, insurance, and reinsurance brokerage, has introduced a new parametric insurance solution aimed at reducing financial losses caused by hurricane-related storm surges along the US coastline. This initiative, developed in partnership with Floodbase, a specialist in parametric flood risk, and Swiss Re ... Read the full article
Swiss Re predicts 3% higher mortality by 2033, steady growth for life insurers in 2025
17th January 2025
Paul Murray, CEO of Life & Health Reinsurance at Swiss Re offers his perspective on the key themes likely to shape life and health insurance and reinsurance in 2025. Drawing on Swiss Re's expertise, Murray emphasises the importance of thoughtful forecasting and proactive strategies in navigating the future. Forecasting the future is ... Read the full article
Turning data-driven dialogue into action for a new global equilibrium: Swiss Re’s Berger
16th January 2025
As global leaders gather together at the World Economic Forum (WEF) amidst a backdrop of geopolitical shifts and escalating climate risks, the spotlight is on the power of dialogue and data-driven decision-making to navigate these turbulent times, Swiss Re’s Andreas Berger highlights. “The post-World War II framework that fuelled prosperity in ... Read the full article
Swiss Re proposes Hübbe and Quinn as new Board members
15th January 2025
Global reinsurance giant Swiss Re's Board of Directors has proposed Morten Hübbe and George Quinn for election as new members of the Board at the AGM on April 11th, 2025, as Board members Philip Ryan and Sir Paul Tucker will not stand for re-election. Hübbe served as Group Chief Executive Officer ... Read the full article
India’s insurance market set for growth: Swiss Re
14th January 2025
India's booming economy is fuelling rapid growth in its insurance market, predicted to be the G20's fastest-growing over the next five years, according to Swiss Re. This surge is driven by domestic consumption, private investment, and economic reforms, positioning India to become the world's third-largest economy by 2030, surpassing Germany and ... Read the full article
SBLI partners with Swiss Re to enhance its underwriting process
10th January 2025
The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has partnered with Swiss Re to enhance its life underwriting process with Swiss Re’s Underwriting Ease solution, a digital tool that summarises key risk factors for underwriters, speeding up decision-making beyond automation. Underwriting Ease seamlessly integrates into existing workflows and connects ... Read the full article
US P&C insurance to see slower premium growth in 2025: Swiss Re
9th January 2025
Swiss Re, a global reinsurance company, forecasts a slowdown in US property and casualty (P&C) insurance premium growth, balanced by easing claims pressures as US Consumer Price Index (CPI) inflation is projected to average 2.5% in 2025 and 2.4% in 2026, although profitability for the sector is expected to be ... Read the full article
Swiss Re appoints Aisyah Fuad as Market Head Southeast Asia (South)
30th December 2024
Global reinsurer Swiss Re has announced the appointment of Aisyah Fuad as Market Head Southeast Asia (South), effective 1 January 2025. Fuad joined Swiss Re in 2011 as an Associate Client Manager, Retakaful, where she worked as a multi-line treaty underwriter and client manager for the company’s Global Centre of Excellence ... Read the full article
Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.
