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.
Natural habitats can reduce insured nat cat losses: Swiss Re Institute
13th February 2025
Natural habitats like mangrove swamps and salt marshes can provide significant protection against storms and help reduce insurance losses, according to a recent Swiss Re Institute article. Swiss Re studied Florida’s coastline, which has the highest exposure to storm surge of any U.S. state, and found that natural protection in these ... Read the full article
Swiss Re promotes Lloyd Campbell-Gibson to Head of L&H, ANZ
6th February 2025
Global reinsurance giant Swiss Re has appointed Lloyd Campbell-Gibson as its Head of Life & Health (L&H) for Australia and New Zealand. Michael Paff currently serves in the role, on an interim basis and will transition to the role of Head of Client Management L&H Australia and New Zealand. Gibson has over ... Read the full article
Aon, Swiss Re, and Floodbase reveal parametric insurance solution to mitigate hurricane storm surge losses
5th February 2025
Aon plc, a professional services firm specialising in risk management, insurance, and reinsurance brokerage, has introduced a new parametric insurance solution aimed at reducing financial losses caused by hurricane-related storm surges along the US coastline. This initiative, developed in partnership with Floodbase, a specialist in parametric flood risk, and Swiss Re ... Read the full article
Swiss Re predicts 3% higher mortality by 2033, steady growth for life insurers in 2025
17th January 2025
Paul Murray, CEO of Life & Health Reinsurance at Swiss Re offers his perspective on the key themes likely to shape life and health insurance and reinsurance in 2025. Drawing on Swiss Re's expertise, Murray emphasises the importance of thoughtful forecasting and proactive strategies in navigating the future. Forecasting the future is ... Read the full article
Turning data-driven dialogue into action for a new global equilibrium: Swiss Re’s Berger
16th January 2025
As global leaders gather together at the World Economic Forum (WEF) amidst a backdrop of geopolitical shifts and escalating climate risks, the spotlight is on the power of dialogue and data-driven decision-making to navigate these turbulent times, Swiss Re’s Andreas Berger highlights. “The post-World War II framework that fuelled prosperity in ... Read the full article
Swiss Re proposes Hübbe and Quinn as new Board members
15th January 2025
Global reinsurance giant Swiss Re's Board of Directors has proposed Morten Hübbe and George Quinn for election as new members of the Board at the AGM on April 11th, 2025, as Board members Philip Ryan and Sir Paul Tucker will not stand for re-election. Hübbe served as Group Chief Executive Officer ... Read the full article
India’s insurance market set for growth: Swiss Re
14th January 2025
India's booming economy is fuelling rapid growth in its insurance market, predicted to be the G20's fastest-growing over the next five years, according to Swiss Re. This surge is driven by domestic consumption, private investment, and economic reforms, positioning India to become the world's third-largest economy by 2030, surpassing Germany and ... Read the full article
SBLI partners with Swiss Re to enhance its underwriting process
10th January 2025
The Savings Bank Mutual Life Insurance Company of Massachusetts (SBLI) has partnered with Swiss Re to enhance its life underwriting process with Swiss Re’s Underwriting Ease solution, a digital tool that summarises key risk factors for underwriters, speeding up decision-making beyond automation. Underwriting Ease seamlessly integrates into existing workflows and connects ... Read the full article
US P&C insurance to see slower premium growth in 2025: Swiss Re
9th January 2025
Swiss Re, a global reinsurance company, forecasts a slowdown in US property and casualty (P&C) insurance premium growth, balanced by easing claims pressures as US Consumer Price Index (CPI) inflation is projected to average 2.5% in 2025 and 2.4% in 2026, although profitability for the sector is expected to be ... Read the full article
Swiss Re appoints Aisyah Fuad as Market Head Southeast Asia (South)
30th December 2024
Global reinsurer Swiss Re has announced the appointment of Aisyah Fuad as Market Head Southeast Asia (South), effective 1 January 2025. Fuad joined Swiss Re in 2011 as an Associate Client Manager, Retakaful, where she worked as a multi-line treaty underwriter and client manager for the company’s Global Centre of Excellence ... Read the full article
Waymo shows 90% fewer claims than advanced human-driven vehicles: Swiss Re
24th December 2024
According to a recent Swiss Re study, the Waymo Driver is safer than both the general driving population and the latest human-driven vehicles equipped with advanced driver assistance systems (ADAS). The study compared Waymo’s liability claims to benchmarks for human drivers, using Swiss Re’s data from over 500,000 claims and 200 ... Read the full article
10-year Bund yield could rise 130 basis points by 2027 amid increased public spending, reports Swiss Re
24th December 2024
Loïc Lanci, Arnaud Vanolli, and Gioele Giussani, economists at Swiss Re Institute, a leading global reinsurer known for its expertise in risk management and insurance solutions, discuss the potential disruption to Europe's fiscal consolidation efforts due to geopolitical tensions and growth challenges in their December 2024 report. The authors argue that ... Read the full article
Swiss Re execs outline industry challenges and growth drivers for 2025
19th December 2024
Looking ahead to 2025, Swiss Re's Business Unit CEOs highlight that the re/insurance industry faces geopolitical instability, social tensions, and economic uncertainty—factors that could significantly impact the industry and potentially drive up claims. Additionally, losses from natural disasters continue to rise, with 2024 marking the fifth consecutive year that insured losses ... Read the full article
There is a big nat cat protection gap that the industry needs to address: Swiss Re CEO, Berger
18th December 2024
The financial impact of natural catastrophes remains a key topic across the insurance and reinsurance sector, with the past five years exceeding the USD 100-billion mark in terms of losses, but admittedly, there is a big protection gap that the industry needs to address, says Andreas Berger, Group Chief Executive ... Read the full article
Re/insurance market expected to remain constructive going forward: Swiss Re’s Baertschi
13th December 2024
The re/insurance market has remained consistent towards Swiss Re's 2025 financial targets, and the reinsurer expects the market to be constructive going forward, according to Urs Baertschi, P&C Reinsurance Chief Executive Officer, Swiss Re. Earlier today, the reinsurer revealed its financial targets for 2025, which included a Group net income ... Read the full article
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