Swiss Re Sets Up Task Force to Monitor Tariff Impact August 14, 2025 By Noele Illien Swiss Re AG has set up a task force to see how the tariffs installed by the United States against...
Swiss Re Tackles Longevity Drug Impact With Life Policy Advice August 12, 2025 By Noele Illien Swiss Re AG issued guidance for underwriters on how to assess life insurance applications of people who show signs of...
Helvetia, Baloise Said To Tap McKinsey For Merger Help July 16, 2025 By Noele Illien and Paula Doenecke Helvetia Holding AG and Baloise Holding AG hired strategy consultant McKinsey for advice on Europe’s biggest insurance deal this year,...
Zurich Insurance Buys Canadian Insurance Technology Firm BOXX July 3, 2025 By Noele Illien and Myriam Balezou Zurich Insurance Group AG agreed to buy BOXX Insurance Inc, a Canadian cyber risk management firm, marking the Swiss insurer’s...
UBS Confirms Data Stolen After Hack at External Supplier June 19, 2025 By Noele Illien UBS Group AG said that information about the company had been stolen in a cyber attack on one of its...
Swiss Re Profits Up Despite Losses from California Wildfires May 16, 2025 By Noele Illien Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance...
Citi Fined by Swiss Exchange Regulator Over 2022 Fat-Finger Flash Crash March 10, 2025 By Noele Illien Citigroup Inc. was fined 500,000 Swiss francs ($568,000) by Switzerland’s stock exchange regulator for failures after a London staffer’s fat-finger...
Zurich Insurance Expands Stake in Banco Sabadell Amid BBVA Deal Bid March 7, 2025 By Jorge Zuloaga and Noele Illien Zurich Insurance Group AG has amassed a substantial stake in Banco Sabadell SA, potentially giving it more influence over an...
Zurich Insurance Sees $200 Million LA Wildfire Loss February 21, 2025 By Noele Illien Zurich Insurance Group AG is expecting pretax losses of $200 million from the January California wildfires as the insurer reported...
Swiss Insurer Helvetia Said to Mull Sale of German Operations January 7, 2025 By Jan-Henrik Förster and Noele Illien Helvetia Holding AG is considering a sale of its loss-making German insurance operations, according to people familiar with the matter....