Swiss Re to Trim Costs and Buy Credit to Lift Profitability June 24, 2013 By Carolyn Bandel Swiss Re Ltd., the world’s second- biggest reinsurer, plans to reduce costs and repurchase debt as it seeks to boost...
Allianz Estimates Its European Flood Losses at 350 Million Euros June 14, 2013 By Carolyn Bandel Allianz SE, Europe’s biggest insurer, said preliminary estimates show its net losses from the flood claims in Germany, Austria and...
Insured Losses from Europe Floods Estimated at $2.65B, Less Than in 2002 June 7, 2013 By Carolyn Bandel The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from...