Latest Swiss Re Headlines
All the headlines from our Swiss Re Topic Page, ordered by recency.
Swiss Re Signs on to G-8 Climate Change Recommendations
Jun 23 2008 // Swiss Re’s CEO Jacques Aigrain has signed the climate change recommendations of the Group of Eight (G8) leaders. “The document outlines a new, more environmentally effective and economically efficient long-term...
Swiss Re Study Analyzes Rising Disaster Costs; Role of Risk Transfers
Jun 13 2008 // A new study from Swiss Re examines the rising impact of natural disasters, which is “driving up the cost of disaster relief and reconstruction for the public sector, especially in developing countries where insurance...
Swiss Re Receives Brazil License
May 27 2008 // Swiss Reinsurance America Corporation and Swiss Reinsurance Company Ltd. have been officially recognized as admitted reinsurers by Susep, the Brazilian insurance regulator, with the ability to sell reinsurance in the newly...
No Rating Change for Swiss Re Following Write-Downs Says S&P
May 7 2008 // Standard & Poor’s Ratings Services has said that its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on Swiss Re “are unaffected by its disclosure, as part of its...
Swiss Re’s Conning to Manage $195 Million Carbon Credit Fund
Apr 28 2008 // Conning Asset Management (Europe) Limited, a fully-owned subsidiary of Swiss Re, has been appointed to manage a pioneering €125 million ($195.5 million) post 2012 Carbon Credit Fund. The fund is currently investing in...
Swiss Re Funds ‘Integrative Risk Management’ Chair
Apr 16 2008 // Swiss Re announced today that it will finance a new Chair for Integrative Risk Management at the Swiss Federal Institute of Technology Zurich (ETH Zurich). “The Chair will be established to create a world-class...
Swiss Re to Establish China Medical Consulting Service
Apr 3 2008 // Swiss Re announced it has received approval to establish a consulting company in China to provide comprehensive third party administrator (TPA) and related consulting services to hospitals, insurers, policyholders and...
Blumer to Replace Ferguson as Swiss Re Finance Chief
Apr 2 2008 // Swiss Re announced that David Blumer has been appointed as Head of Financial Markets and as a Member of the Executive Committee, effective from May 2008. He will succeed Roger Ferguson, “who will accept a senior...
Best Removes Swiss Re Ratings from Review; but Outlook is Negative
Mar 21 2008 // A.M. Best Co. has removed from under review with negative implications the financial strength rating of ‘A+’ (Superior) and the issuer credit ratings (ICR) of “aa” of Swiss Reinsurance Company and...
Swiss Re Donates $99 Million to Red Cross
Mar 20 2008 // Swiss Re is honoring “International Water Day” on March 22 by making a CHF 1 million ($99.2 million) donation to the International Committee of the Red Cross (ICRC) for an infrastructure project in Ethiopia...
2007 Cat Losses Top $70 Billion Swiss Re <em>sigma</em> Study Finds
Mar 12 2008 // Swiss Re’s latest sigma study – “Natural Catastrophes and man-made disasters in 2007” – examines catastrophe-related economic losses from natural and man-made disasters last year, which...
Swiss Re Supports Indian Quake Safety
Mar 7 2008 // Swiss Re has participated in a workshop in New Delhi – “Integrating Earthquake Risk Mitigation into Hospital Facilities Planning” – organized by US-based NGO GeoHazards International and the Delhi...
Swiss Re Profit Down Less than Expected
Feb 29 2008 // Swiss Re, the world’s biggest reinsurer, made better than expected 2007 net profit, as it escaped further subprime writedowns in the fourth quarter, and gave a confident earnings outlook. It reported on Friday a...
Swiss Re Registers as Admitted Brazilian Reinsurer
Feb 20 2008 // Swiss Re announced that it will become an admitted reinsurer in Brazil with a representative office in São Paulo. The world’s largest reinsurer joins Lloyd’s and Munich Re in accessing the Brazilian market...
Swiss Re Stresses Role of Insurance at Climate Change Conference
Feb 19 2008 // Rick Murray, Managing Director at Swiss Re, made some important observations on the insurance industry’s role in dealing with problems caused by the changing climate. Speaking at a United Nations Climate Risk Summit...
Business Moves
Feb 10 2008 // Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
Business Moves
Feb 10 2008 // Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s...
Berkshire Hathaway Buys 3% Stake in Swiss Re; Reinsurance Pact Signed
Jan 23 2008 // Swiss Re announced today that Berkshire Hathaway has acquired a three percent stake in the company. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss...
Swiss Re Names Schneider to Head Mexico Brokers
Jan 15 2008 // Richard Schneider, an 11-year veteran of Swiss Re, has been appointed Office Head of Swiss Brokers Mexico. He succeeds Carlos Boelsterli, who has assumed the role of Head of Client Management for Latin America. Schneider...
Swiss Re to Acquire 25% Stake in Vietnam National Re
Jan 9 2008 // Swiss Re announced that it has entered into an agreement to acquire a 25 percent stake in Vietnam’s leading reinsurance provider, Vietnam National Reinsurance Corporation (VinaRe), for VND1.3 trillion (approximately...