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 announces new Global Fac market unit led by Sanaa Souidi
22nd April 2025
Swiss Re’s P&C Reinsurance business unit has announced the creation of a new Global Facultative (Fac) market unit, which will be led by Sanaa Souidi. The unit aims to enhance the client experience through faster, more agile decision-making and by leveraging talent and capabilities on a global scale. Souidi has spent the ... Read the full article
Bernhard Kaufmann to succeed Patrick Raaflaub as Swiss Re CRO
22nd April 2025
Industry giant Swiss Re has appointed Helvetia's Bernhard Kaufmann to succeed Patrick Raaflaub as Group Chief Risk Officer (CRO), effective October 1st, 2025. Kaufmann has 17 years of industry experience and has held the position of CRO for several companies during his career. Currently, he serves in the same position at Helvetia, ... Read the full article
Insurers navigate risk of two-thirds weight regain with GLP-1 medications: Swiss Re
16th April 2025
Insurance companies face a growing challenge as they adapt to the rise of GLP-1 receptor agonists, such as Ozempic and Wegovy, which have proven effective in managing weight and improving obesity-related health conditions. Swiss Re, a provider of reinsurance and insurance solutions, highlights the importance of insurers integrating these treatments into ... Read the full article
Morten Hübbe and George Quinn join Swiss Re’s Board
11th April 2025
Swiss Re's shareholders approved all motions put forward by the Board of Directors at its Annual General Meeting (AGM) 2025, including the election of Morten Hübbe and George Quinn as new Board members and the distribution of an ordinary dividend of USD 7.35 per share. Hübbe and Quinn were nominated ... Read the full article
Swiss Re’s iptiQ signs agreement to sell Australian business to Hannover Re
10th April 2025
Jef Van In, CEO of iptiQ, has announced the signing of an agreement to sell iptiQ's Australian business to Hannover Re, pending regulatory approvals. iptiQ, a digital B2B2C insurance company powered by Swiss Re, is a provider of re/insurance and risk transfer solutions. This agreement marks iptiQ's complete exit from the APAC ... Read the full article
Swiss Re to co-manage GAM’s cat bond & ILS fund range
7th April 2025
Swiss Re Insurance-Linked Investment Advisors Corporation (SRILIAC), a registered investment adviser and subsidiary of global reinsurer Swiss Re, will become co-investment manager of GAM’s insurance-linked securities (ILS) fund range, including the GAM Star Cat Bond UCITS Fund, effective May 7th, 2025. As of March 31st, 2025, Swiss Re manages around $5 ... Read the full article
IDF members launch insurance solution for horticulture farmers in Uzbekistan
4th April 2025
Members of the Insurance Development Forum (IDF), Europa RE, Swiss Re, and the United Nations Development Programme (UNDP), with support from BMZ through the InsuResilience Solutions Fund (ISF), have launched a new agricultural insurance solution tailored for smallholder horticulture farmers in Uzbekistan in the context of the Tripartite Agreement Programme. The ... Read the full article
Big four to deliver earnings growth in 2025 despite LA wildfire losses: Moody’s
1st April 2025
Despite sizable claims from the LA wildfires in January, Moody's anticipates strong earnings prospects for the four largest European reinsurers, Munich Re, Swiss Re, Hannover Re, and SCOR, in 2025, driven by persistently strong demand for reinsurance and robust investment returns. According to Moody's, the LA wildfire losses, estimated at between ... Read the full article
BT Pension Scheme completes £10bn longevity swap transactions with Swiss Re & RGA
21st March 2025
The BT Pension Scheme (BTPS), one of the UK’s largest private sector pension schemes with 260,000 members and £36 billion of assets under management, has completed two longevity reinsurance transactions totalling £10 billion. The new longevity re/insurance arrangement includes a £5 billion agreement with Swiss Re and an expansion of existing ... Read the full article
Swiss Re agrees sale of Definity stake for CAD 655m
18th March 2025
Swiss Re, one of the world's largest reinsurance companies, has agreed to sell all of its 11,647,217 common shares in Canada's Definity Financial Corp. for approximately CAD 655 million. The common shares, which represent approximately 10.05% of the issued and outstanding common shares of Definity as of March 17th, 2025, are ... Read the full article
Swiss Re remains resilient amid climate and economic challenges
13th March 2025
In the face of escalating climate disruption and persistent economic uncertainty, Swiss Re has demonstrated resilience, delivering a significant dividend increase for 2024 while managing claims exceeding $37 billion across the Group, Jacques de Vaucleroy Chairman of the Board of Directors and Andreas Berger, Group Chief Executive Officer, highlighted in ... Read the full article
Swiss Re nominates Morten Hübbe and George Quinn as new non-exec Board members
13th March 2025
Global reinsurer Swiss Re has nominated Morten Hübbe and George Quinn for election as new, non-executive and independent members of the Board for a one-year term, ahead of its annual general meeting (AGM) 2025. Additionally, Swiss Re has confirmed that Philip Ryan and Sir Paul Tucker will not stand for re-election ... Read the full article
Swiss Re names Marilyn Blattner-Hoyle as new Head Public Sector Solutions
5th March 2025
Global reinsurer Swiss Re has announced the appointment of Marilyn Blattner-Hoyle as Head of Public Sector Solutions, effective April 1, 2025, succeeding Veronica Scotti. Scotti will leave Swiss Re after over 25 years of service, having held several leadership roles across the Group, including Managing Director, President & CEO for Canada ... Read the full article
Swiss Re committed to California despite wildfire challenges: CFO Dacey
3rd March 2025
In an interview with CNBC, Swiss Re CFO John Dacey said the firm won’t retreat from California despite recent wildfires, emphasising its ability to price the risk effectively and support insurers, just as it does in Florida’s private residential market. When asked by CNBC if Swiss Re plans to withdraw from ... Read the full article
Swiss Re names Kera McDonald as group CUO
27th February 2025
Industry giant Swiss Re has appointed Kera McDonald, currently Chief Underwriting Officer of Swiss Re Corporate Solutions, as the Group Chief Underwriting Officer and member of the Group Executive Committee, effective June 1st, 2025, subject to regulatory approval. In her new role, McDonald will drive underwriting across all business units, steer ... Read the full article
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