Swiss Re News
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Swiss Re Profits Up Despite Losses from California Wildfires
May 16 2025 // Swiss Re AG’s profit rose in the first quarter as losses from the California wildfires were offset by positive performance across the business. Net income increased to $1.3 billion from $1.1 billion a year earlier,...
People Moves: AIG Taps Colombo From Swiss Re as CEO, Latin America and Caribbean; Willis Names Former Allianz Exec Vosloh as Head of Cyber for EMEA
May 15 2025 // This edition of International People Moves details appointments at American International Group and Willis. A summary of these new hires follows here. AIG Taps Colombo From Swiss Re as CEO, Latin America and...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million
Mar 19 2025 // Swiss Re is selling its entire 10.05% stake in Definity Financial, the Canadian property/casualty insurer, for C$655 million ($458.1 million) — a decision the reinsurer made after a review of its investment...
Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO
Feb 27 2025 // Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and brokers more closely at the country level with the introduction of market...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires
Feb 27 2025 // Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million and would impact its first quarter results, the latest European reinsurer to disclose a hit from the...
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