All Swiss Re articles
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Industry relevance focus at Baden-Baden for Guy Carpenter, Swiss Re
Reinsurance broker Guy Carpenter emphasised “clearly defined roles”, partnership and innovation for its Baden-Baden Reinsurance Symposium.
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Aon appoints Barnes as its new claims chief
Mona Barnes previously worked at Chubb and Swiss Re; as chief claims officer at Aon she will report into Joe Peiser, the broker’s commercial risk CEO.
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‘No signs of social inflation abating’ – Swiss Re
Drivers include societal trends, changing behavioural norms, greater use of the legal system, and “rapid growth in settlement awards”, says reinsurer’s chief economist, speaking at RVS 2024 in Monte Carlo.
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Swiss Re Sonar report: ‘Beyond broken infrastructure’
A new paper from Swiss Re explores cascading effects of natural disasters and other emerging risks.
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Swiss Re announces new Corporate Solutions CEO, Ojeisekhoba exit
Ivan Gonzalez (pictured) takes over the Corporate Solutions top job, and Moses Ojeisekhoba, the reinsurer’s CEO global clients and solutions, leaves Swiss Re at the end of August.
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DUAL Europe acquires marine team from Swiss Re
Genoa-based marine team acquisition gives MGA DUAL the mandate to underwrite marine business on behalf of Swiss Re as capacity provider.
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Swiss Re appoints Berger as group CEO to succeed Mumenthaler
Effective from 1 July, Andreas Berger has been appointed as group CEO, replacing Christian Mumenthaler in the top job at Swiss Re.
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Stronger results at Hannover Re, Munich Re, SCOR, Swiss Re – Moody’s report
Improved underwriting results have driven strong earnings and improved resilience at the four biggest continental European reinsurers, according to rating agency Moody’s.
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New record of 142 nat cats adds up to $108bn in 2023 – Swiss Re
Swiss Re Institute said frequency of events is main driver of insured loss accumulation, with severe convective storms accounting for a record $64bn last year.
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Steinmann joins Hannover Re to lead its German arm after Pickel retires
Change at the top came as Hannover Re announced it had beaten its full-year earnings target; group net income rose to €1.8bn for 2023; reinsurance revenue climbed to €24.5bn; and a return on equity of 19% was “comfortably above minimum target”.
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Temperatures are rising and MENA’s protection gap leads the world – Swiss Re at GAIF34
2023 saw major earthquakes in Turkey and Morocco, severe thunderstorms and flooding in Saudi Arabia and the UAE, hailstorms in Jordan, a tropical cyclone in Oman, and a major flood in Libya.
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Swiss Re calls for underwriting discipline after strong renewals
The reinsurer wants to keep pressure on underwriting discipline this year, after a successful 2023, with $3.2bn profit and a 22% RoE.
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Swiss Re, Gallagher Re launch cyber retro ILW in market first
The industry loss warranty follows the successful launch of “PoleStar Re” underwritten-rule 144A cyber catastrophe bond in December.
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Technology is driving market change – Swiss Re Solutions’ Higginbotham
AI isn’t putting commercial and specialty lines underwriters out of a job anytime soon, but technology can reduce the protection gap, expanding the re/insurance market into fresh pastures, Russell Higginbotham, CEO of reinsurance solutions, Swiss Re suggests.
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Swiss Re: SCS losses reach record $60bn in 2023
The reinsurer said natural catastrophes will once again break several loss records in 2023, with severe convective storms driving the numbers.
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Swiss Re calls for insurance innovation to meet digital risks
Latest Sigma study from the Swiss Re Institute focuses on the threat posed by a digital risk protection gap.
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Guy Carpenter appoints Dimitrijevic to lead APAC capital advisory
The reinsurance broker’s new regional head of capital advisory was previously led Swiss Re’s P&C business management for Asia Pacific.
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AM Best’s ranks top 50 reinsurers: Munich Re, Swiss Re make up a quarter of GPW
Munich Re was ranked top, across non-life and life business, followed by Swiss Re, Hannover Re, Canada Life Re and Berkshire Hathaway.
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Severe US storms broke records for H1 nat cat losses – Swiss Re
Severe convective storms drove global natural catastrophe insured losses, which reached $50bn across all perils, according to the Swiss Re Institute.
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Swiss Re joins exodus from NZIA
Swiss Re has abandoned the Net Zero Insurance Alliance, without giving a reason.