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.

China safeguards its green energy revolution with index insurance: Swiss Re

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

Swiss Re appoints D’Andrea to Italy CEO, as Coletta takes EMEA run-off role

15th June 2017

Global reinsurance specialist Swiss Re has appointed Daniela Read the full article

“Ignoring emerging risks is not an option,” says Swiss Re’s Patrick Raaflaub

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

Swiss Re Corporate Solutions opens Manchester office targeting UK expansion

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

Swiss Re names Slack CEO of Corporate Solutions Australia & New Zealand

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

Reinsurers express regret at Trump’s exit of the Paris Climate Agreement

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

Swiss Re Corporate Solutions names new CEO’s of EMEA & Asia Pacific

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

Swiss Re sets up combined Property & Casualty Underwriting Hub in Asia

23rd May 2017

Global reinsurance giant Swiss Re has announced today that it is setting up a new combined Property & Casualty (P&C) Reinsurance Underwriting Hub for the Asia Pacific region. The new Hub will be led by Sharon Ooi, as Head P&C Underwriting for Asia, Australia & New Zealand. Ooi will be tasked with ... Read the full article

Swiss Re & Taiwan Fire & Marine Insurance launch first parametric insurance for Taiwan fisheries

16th May 2017

Swiss Re and Taiwan Fire & Marine Insurance have worked together to offer the first parametric aquaculture insurance solution to provide cover against extreme rainfall for onshore fisheries, in Taiwan's Ping Tung Country. The parametric insurance solution will provide cover for 120,000 hectares of Grouper fish ponds, making Taiwanese fisheries more ... Read the full article

Cyclone Debbie to impact regional reinsurance pricing, Swiss Re tells Reuters

4th May 2017

Speaking to Reuters, David Cole, the Chief Financial Officer (CFO) of reinsurance giant Swiss Re, which reported a decline in Q1 net income today as a result of Cyclone Debbie, said the event was expected to impact regional reinsurance pricing. "Debbie in itself may not have an impact that is so ... Read the full article

Swiss Re’s Q1 net income halved as Cyclone Debbie losses hit

4th May 2017

Swiss Re's first quarter results show it's been a tough start to the year with net income halved from last year's Q1 $1.2 billion to just $656 million, these stark losses come after Cyclone Debbie cost the reinsurer $350 million in expected insurance claims. The annualised Group return on equity (ROE) ... Read the full article

Swiss Re adjusts its financial reporting

28th April 2017

Reinsurance firm Swiss Re is changing the way it reports its performance, adjusting the financial reporting it will deliver at the end of the first and third quarters of the year. The reinsurer said that by adjusting the "format and scope" of the financial information it reports at the end of ... Read the full article

Swiss Re hires Adrian Hall as CEO for Corporate Solutions in Canada

27th April 2017

Global reinsurance firm Swiss Re has announced the hiring of Adrian Hall, previously a member of the RSA leadership team, as the new CEO for the Canadian operations of its commercial insurance focused Swiss Re Corporate Solutions division. Adrian Hall will join Swiss Re Corporate Solutions as CEO Canada as of ... Read the full article

Swiss Re adds three new experienced leaders to Board of Directors

24th April 2017

Reinsurance giant Swiss Re has revealed the addition of three new members to its Board of Directors, the re-election of all proposed Board Members, as well as an increase in regular dividend and a new public share buy-back programme, all approved by its shareholders. Swiss Re shareholders have approved the proposed election ... Read the full article

Swiss Re’s Cyclone Debbie losses reveal Australian market share growth: Deutsche Bank

24th April 2017

Swiss Re was hit with a lion’s share of $350 million Cyclone Debbie losses in Q1, after the firm expanded its Australian market share to nearly double its 2011 size, said Deutsche Bank analysts in their Q1 European reinsurance market report. The $350 million Cyclone Debbie blow reveals a Swiss Re ... Read the full article