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 exploring possible investment in China Pacific Insurance

6th November 2019

Swiss Re has confirmed that it is exploring a potential investment opportunity with China Pacific Insurance Company (CPIC), after partnering with the company earlier this year. Sources at Bloomberg reported earlier today that CPIC was angling to take a $2 billion stake in Swiss Re, through which it could expand its ... Read the full article

Swiss Re’s Alex Kaplan joins AmWINS as EVP for Alternative Risk

5th November 2019

Specialty insurer AmWINS Group, Inc. has announced the appointment of Alex Kaplan from reinsurer Swiss Re as Executive Vice President (EVP) for Alternative Risk. The appointment sees Kaplan lead a new strategy focused on the development of parametric insurance solutions and other bespoke forms of protection, on a stand-alone basis and ... Read the full article

Swiss Re appoints Claudia Cordioli as CFO Reinsurance

5th November 2019

Swiss Re has announced that Claudia Cordioli is set to take over as Chief Financial Officer (CFO) of its global Reinsurance Business Unit from February 1, 2020. She will succeed Gerhard Lohmann, who is pursuing an opportunity outside Swiss Re and will be leaving the company towards the end of February ... Read the full article

Swiss Re promotes Stephan to Head Solutions Western & Southern Europe

4th November 2019

Swiss Re has announced the appointment of Annkathrin Stephan to the newly created role of Head Solutions Western & Southern Europe. The reinsurer formed this role in response to a growing demand for Solutions in the region, a Swiss Re spokesperson told Reinsurance News. In her newly promoted capacity, Stephan will be ... Read the full article

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