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 partners with SBLI on automated claims experience
7th February 2023
Reinsurance giant Swiss Re has partnered with The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) to offer customers Swiss Re’s Automated Claims Experience solution. The reinsurer's automated claims experience is a digital tool that guides beneficiaries through the claims process. Swiss Re's tool uses simple empathetic language, which is designed ... Read the full article
Swiss Re targets improved efficiency with simpler set-up
2nd February 2023
Swiss Re, one of world's largest reinsurers, has announced plans to streamline its organisational structure, which includes splitting its Reinsurance Business Unit into P&C Re and L&H Re. Subject to regulatory approvals, the changes are effective April 3rd, 2023, and designed to simplify structures and improve efficiency and client experience. The new ... Read the full article
Swiss Re CorSo extends UNIQA agreement on intl. programs
31st January 2023
Swiss Re Corporate Solutions, the commercial direct risk underwriting arm of Swiss Re, has announced that it will provide PULSE & Network to the UNIQA Group. With PULSE & Network, Swiss Re Corporate Solutions is offering UNIQA a single online platform to manage and deliver structured international programmes. This is supplemented with ... Read the full article
Customers are ready for telematics motor insurance products: Swiss Re
30th January 2023
There is a significant target market for telematics motor insurance products, a recent survey by IoT Insurance Observatory and the Automotive and Mobility Solutions team at Swiss Re has confirmed. Telematic insurance products have been going through years of development and refinement, despite this they are not mainstream yet, Swiss Re ... Read the full article
Swiss Re’s iptiQ and Candid announce partnership
30th January 2023
UK-based insurtech Candid and Swiss Re’s iptiQ have entered into a distribution partnership to provide affordable and accessible life insurance solutions to UK customers. This strategic partnership harnesses Candid's leading position in distributing life insurance products to UK customers and iptiQ’s cutting-edge digital B2B2C insurance platform, combined with its underwriting expertise. According ... Read the full article
Analysts see Thierry Léger appointment as positive for SCOR, negative for Swiss Re
27th January 2023
Analysts at JP Morgan see the recent appointment of Thierry Léger as Chief Executive Officer (CEO) as a positive for SCOR in light of his strong track record of fixing issues, although the loss of his capabilities as Chief Underwriting Officer (CUO) is seen as a negative for Swiss Re. Read the full article
SCOR hires Swiss Re CUO Léger as its new CEO
26th January 2023
Thierry Léger, who has served as the Group Chief Underwriting Officer (CUO) of global reinsurer Swiss Re since 2020, has been named as the new Chief Executive Officer (CEO) of French reinsurer SCOR, effective May 1st, 2023. Léger has been with Swiss Re, one of the world's largest reinsurers, for 25 ... Read the full article
Stresses of 1/1 should disappear at later renewals: Swiss Re’s Mitchell
23rd January 2023
Mike Mitchell, Head P&S Underwriting Reinsurance at Swiss Re, has assured that some of the stresses of the January reinsurance renewal should “disappear” during the later renewal periods this year, even as efforts to rebalance market dynamics continue. Mitchell and Gianfranco Lot, Head Globals Reinsurance at Swiss Re, recently shared their ... Read the full article
“Monumental” climate adaptation needs require partnerships: Swiss Re’s Scotti
23rd January 2023
Veronica Scotti, Chairperson Public Sector Solutions at Swiss Re, has urged the private business sector to work more closely with governments and other public sector bodies to meet the “monumental” adaptation needs of climate change. Writing in a Swiss Re blog, Scotti asserted that “adaptation needs are so widespread and so ... Read the full article
We were over-optimistic about inflation crisis: Mumenthaler
18th January 2023
Swiss Re CEO Christian Mumenthaler has acknowledged that re/insurers and other financial institutions were “over-optimistic” in the lead up to the current inflationary crisis affecting the world economy. Speaking to CNBC news from the Davos 2023 World Economic Forum (WEF) event yesterday, Mumenthaler addressed the issue of reinsurance pricing increases coming ... Read the full article
Swiss Re’s Mumenthaler encouraged by net zero path as dynamics shift: WEF 2023
17th January 2023
As the World Economic Forum’s (WEF) Alliance of CEO Climate Leaders, which now includes 127 "seriously committed" executives from some of the world's largest companies, continues to make progress, Christian Mumenthaler, CEO of reinsurance giant Swiss Re, is seeing the tipping point. The WEF Alliance is a CEO-led community dedicated to ... Read the full article
Velina Peneva appointed Group Chief Investment Officer at Swiss Re
16th January 2023
Reinsurance giant Swiss Re has announced that Velina Peneva will succeed Guido Fürer as Group Chief Investment Officer (CIO), effective April 1st, 2023. Currently, Peneva serves as Co-Head Client Solutions & Analytics in Swiss Re's Asset Management, having previously led Swiss Re's private equity investment mandate. Prior to joining the reinsurer in ... Read the full article
Unity critical to solving challenges like climate change: Mumenthaler
13th January 2023
Christian Mumenthaler, Group Chief Executive Officer at Swiss Re, has suggested that despite COP27 negotiations leaving plenty of unfinished business, he remains "optimistic" that societies will be willing to set aside differences to achieve climate resilience goals. Writing in a blog post for Swiss Re, Mumenthaler noted that the COP27 climate ... Read the full article
Insurance in 2023: A slow recovery but there is a silver lining – Berger, Swiss Re Corporate Solutions
11th January 2023
The world is coming to the end of another tumultuous year and the question on everyone’s mind is: what is next for the global economy and the insurance industry? From Swiss Re Corporate Solutions' vantage point right now, while the firm still sees short-term pain over the next year, there ... Read the full article
Swiss Re names Steinmann Head Northern, Central & Eastern Europe
11th January 2023
Reinsurer Swiss Re has appointed former Head of Casualty Underwriting EMEA, Thorsten Steinmann, as the new Head Northern, Central & Eastern Europe. In his new role, Steinmann will be responsible for Swiss Re's P&C reinsurance operations in a region extending from the DACH countries to the Nordics, Baltics, the Netherlands and ... Read the full article
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