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’s net income up but catastrophes hit underwriting result
31st October 2019
Global reinsurance giant Swiss Re has reported group net income of $1.3 billion for the first nine months of the year, supported by growth in reinsurance. However, a $1.7 billion hit from natural catastrophes and man-made disasters resulted in a combined ratio of 101.4% in property and casualty reinsurance (P&C ... Read the full article
Public-private action key to nat cat resilience in Asia: Swiss Re’s Higginbotham
28th October 2019
Russell Higginbotham, The Chief Executive Officer for Swiss Re’s reinsurance operations in Asia, has highlighted the region’s susceptibility to natural catastrophes as an issue that demands increased resiliency measures from re/insurance players and governmental bodies alike. Asia accounted for 41% of the $222 billion global natural catastrophe protection gap in 2018, ... Read the full article
Swiss Re’s iptiQ is fuelled by the protection gap, says CEO Walker
24th October 2019
iptiQ Americas, a wholly owned subsidiary of reinsurance giant Swiss Re, is focused on helping to close the huge and growing life and health protection gap, explained the Chief Executive Officer (CEO) of the firm, Philip Walker. Speaking with Willis Re as part of the reinsurance broker's latest quarterly InsurTech ... Read the full article
Growth & efficiency underpin Swiss Re’s strategy, says Fernando Villar
23rd October 2019
Swiss Re’s success in the EMEA region is underpinned by the development of innovative solutions to promote growth, unlock new efficiencies, and optimise profitability, according to Fernando Villar, COO and Head of P&C Client Solutions EMEA at Swiss Re. Villar spoke to Reinsurance News about the reinsurer's strategy in an interview ... Read the full article
Swiss Re names Kaspar Mueller as President of Reinsurance, LatAm
21st October 2019
Global reinsurer Swiss Re has announced the appointment of Kaspar Mueller as President of Reinsurance for Latin America, effective November 1, 2019. Mueller currently works for Swiss Re as Chief Operating Officer (COO) of Reinsurance, and has spent a total of 13 years with the company. In his new Miami-based role, he ... Read the full article
A collaborative approach unlocks powerful benefits: Swiss Re’s Villar
21st October 2019
The methodology of co-creation and the sharing of end-to-end expertise is vital to successfully provide and deploy re/insurance solutions, explains Fernando Villar, COO and Head of P&C Client Solutions EMEA, Swiss Re. Speaking with Reinsurance News around the annual Baden-Baden Reinsurance Congress, Swiss Re’s Villar explained that co-creation, partnerships, innovation and ... Read the full article
Swiss Re and Pioneer co-develop innovative telematics solution
17th October 2019
Global reinsurance giant Swiss Re has collaborated with car electronics company Pioneer to develop a first-of-its-kind telematics solution designed to provide insurers with more and improved personalised risk assessment. The innovative, co-developed solution is to be included in Swiss Re's telematics suite and as a result of the new partnership, the ... Read the full article
Swiss Re, Munich Re may exceed Q3 cat budgets: analysts
16th October 2019
Global reinsurers Swiss Re and Munich Re may exceed their large loss budgets for Q3 2019, and may be at risk for Q4, according to analysis by Barclays. Meanwhile, London market players such as Hiscox may consider the impact in Japan substantial enough to warn the market. Overall, analysts expects all large ... Read the full article
Berkshire’s MedPro gets renewal rights for Swiss Re CorSo health book
14th October 2019
MedPro Group, Berkshire Hathaway's U.S. healthcare liability insurer, has entered into a definitive agreement to acquire the renewal rights of Swiss Re Corporate Solutions' Healthcare Professional Liability book, effective October 11th, 2019. According to an announcement on the deal, the agreement includes Hospital and Senior Care accounts underwritten by Swiss Re ... Read the full article
Swiss Re’s Edi Schmid highlights need to measure resilience
1st October 2019
Edi Schmid, Chairman of Swiss Re Institute and Group Chief Underwriting Officer (CUO), has highlighted the need for the re/insurance industry to undertake more research to measure resiliency around the world. Based on his discussions at the annual reinsurance conference in Monte Carlo this year, Schmid said that topics of resilience ... Read the full article
Swiss Re, Allianz & Zurich commit to net zero emissions by 2050
26th September 2019
Re/insurance giants Swiss Re, Allianz and Zurich are among a group 12 global companies that have committed to transitioning their investment portfolios to net zero greenhouse gas emissions. The Net-Zero Asset Owner Alliance represents more than US $2.4 trillion, and was convened by the UN Environment Programme’s Finance Initiative and the ... Read the full article
Swiss Re’s iptiQ and Samsung partner to close $26trn L&H protection gap
25th September 2019
A subsidiary of reinsurance giant Swiss Re, iptiQ Americas, has entered into a strategic partnership with Samsung Electronics Ltd. designed to close the $26 trillion life and health (L&H) insurance protection gap. According to analysis by the Swiss Re Institute in September 2018, the huge life and health protection gap impacts ... Read the full article
Swiss Re to transfer Australian business under Asian headquarters
24th September 2019
Global reinsurer Swiss Re has announced an internal restructuring that will see the business of its Australia Branch (SRAU) transferred to Swiss Re Asia (SRAL). Swiss Re Asia was first announced in 2017 and serves clients and partners throughout the region. The company’s operations in South Korea and Singapore have already ... Read the full article
Swiss Re Corporate Solutions opens LA office
24th September 2019
Swiss Re Corporate Solutions, the commercial insurance arm of reinsurance giant Swiss Re Group, has opened a new hub for the Western United States in Downtown Los Angeles, as the firm looks to bolster its commitment to the California marketplace. The Los Angeles team will be led by Head of US ... Read the full article
Swiss Re Corporate Solutions appoints new Head of Italy
23rd September 2019
Reinsurance giant Swiss Re's commercial insurance arm, Swiss Re Corporate Solutions, has announced that appointment of Francesco Semprini as Head Italy, effective November 1st, 2019. In his new role, Semprini will be based in Milan and will be responsible for managing the strategy, development, and performance of the firm's business in ... Read the full article
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