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.
New tech key in narrowing protection gap: Swiss Re’s Jerome Haegeli
21st November 2018
Speaking yesterday at Swiss Re’s London offices, the firm's Chief Economist Jerome Haegeli, alongside the Head of Insurance Risk Research Dan Ryan, stated that it will take a combination of proactiveness and the deployment of new technologies to narrow the global protection gap. “More technology is a huge upside to the ... Read the full article
Asia to drive re/insurance market growth as global economy slows: Swiss Re
20th November 2018
Emerging markets, and Asia in particular, are likely to become the main drivers of demand and growth in the re/insurance market as the global economy begins to slow and lose momentum over the next few years, according to Swiss Re Institute’s latest sigma report. The report, titled ‘Global economic and insurance ... Read the full article
Asian markets to drive re/insurance growth over next decade: Swiss Re CEO
8th November 2018
Markets in Asia, and China in particular, are likely to be one of the main drivers of growth for the re/insurance industry over the next ten years, according to Christian Mumenthaler, Chief Executive Officer (CEO) of Swiss Re. Speaking in an interview with Bloomberg TV, Mumenthaler suggested that exponential growth can ... Read the full article
Swiss Re “not afraid” of Brexit outcome, says CEO Mumenthaler
6th November 2018
Reinsurance giant Swiss Re is “not afraid” of the potential effects that the UK’s departure from the European Union (EU) may have on the economy and on the company’s ability to do business, according to its Chief Executive Officer (CEO), Christian Mumenthaler. Speaking in an interview with Bloomberg TV, Mumenthaler explained ... Read the full article
China’s Belt & Road Initiative huge opportunity for overseas insurers: Swiss Re
5th November 2018
China's ambitious Belt & Road Initiative (BRI) - an attempt by President Xi Jinping to spur investment in land and maritime trade routes that strengthen ties across Asia, the Middle East, Africa and Europe - is set to offer the insurance industry significant investment opportunities, according to a report by ... Read the full article
Rates must improve as sector struggles to meet cost of capital: Swiss Re CEO
1st November 2018
Reinsurance giant Swiss Re has underlined the need for further rate improvements across the property and casualty (P&C) industry as the sector continues to struggle to earn its cost of capital. Following years of declining rates and a soft market environment, rates in the highly competitive P&C sector increased at the ... Read the full article
Swiss Re reports positive results despite impacts of large losses
1st November 2018
Reinsurance giant Swiss Re has reported a positive first nine months to the year despite the impacts of large losses in the property and casualty reinsurance and Corporate Solutions divisions. Despite the impact of roughly $1.6 billion of natural catastrophe and man-made losses during the third-quarter, Swiss Re managed to report ... Read the full article
Economic momentum will continue to underpin premium growth: Swiss Re
29th October 2018
Current economic momentum is likely to continue to underpin premium growth for re/insurers globally, while ongoing opportunities to close the protection gap will in turn support further economic growth, according to a recent report by the Swiss Re Institute. Swiss Re said that it expects insurance premiums in advanced markets to ... Read the full article
Swiss Re appoints new CEO of UK & Ireland
23rd October 2018
Global reinsurance giant Swiss Re has announced the appointment of Tavaziva Madzinga as Chief Executive Officer (CEO) of Swiss Re in the UK & Ireland, effective January 1st, 2019. Currently, Madzinga is Market Executive for the Middle East & Africa across both P&C and L&H, and based in London, he will ... Read the full article
Re/insurance industry’s “wave of consolidation” just beginning: Swiss Re’s Reichelt
22nd October 2018
Swiss Re is anticipating an acceleration in mergers & acquisitions (M&A) activity in the global re/insurance industry as companies look to expand their business beyond traditional roles, according to Reuters. “We are at the beginning of a wave of consolidation,” Reuters quoted Frank Reichelt, Swiss Re’s Market Executive Northern, Central, Eastern ... Read the full article
Swiss Re said to have held discussions on Anbang investment
22nd October 2018
Global reinsurance firm Swiss Re has been looking at opportunities for investment in China, after a stake in Anbang Insurance is said to have been discussed with the Chinese authorities. Anbang Insurance Group is described as one of the most politically connected companies in China, having been founded by state-owned enterprises ... Read the full article
Swiss Re sees $1.4bn catastrophe & man-made loss hit from Q3 2018
18th October 2018
Global reinsurance giant Swiss Re said this morning that it is expected to take $1.4 billion of losses from natural catastrophes and man-made disasters that occurred during the third-quarter of 2018. Given Swiss Re's global operations in reinsurance and commercial insurance, the firm was always going to experience a significant hit ... Read the full article
Technology is main source of new opportunities for Swiss Re: CEO Mumenthaler
8th October 2018
Technology continues to represent the main source of new opportunities for Swiss Re in terms of unlocking new risk pools, streamlining data analysis, improving the value chain, and third-party collaborations, according to Christian Mumenthaler, Chief Executive Officer (CEO) of Swiss Re. Speaking in an interview with Reinsurance News, Mumenthaler explained how, ... Read the full article
Interest rate increases to support investment income long-term: Swiss Re Institute
8th October 2018
While insurers need to improve their underwriting results if they are to redress current profitability shortfalls and anticipated near-term shareholder equity decline, rising interest rates are expected to paint a brighter future and support investment income long-term, according to a report by the Swiss Re institute. Swiss Re expects U.S rates ... Read the full article
Are brokers still contributing to the value chain? Aon & Swiss Re heads discuss
28th September 2018
As reinsurance companies increasingly develop capabilities that allow them to interact directly with customers, the position of brokers in the value chain has come into question. Speaking during events at the Reinsurance Rendez-vous event in Monte Carlo, the heads of reinsurance at Aon and Swiss Re offered contrasting opinions on the ... Read the full article