Swiss Re News

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‘Chronic’ Heat Risk in Europe Draws Warning From Swiss Re

Aug 11 2026 // As Europe comes to grips with its fifth heat wave of the year, the research arm of Swiss Re AG is warning of far-reaching consequences. “Record heat underscores Europe’s chronic heat risk,” the authors of...

Swiss Re Profit Beats Estimates as Reinsurer Boosts Cost Cuts

Aug 6 2026 // Swiss Re AG’s first-half profit beat estimates as the reinsurer saw all key business units perform in line with targets, while the firm announced a fresh round of cost cuts. Profit for the second quarter was $1.3...

Peak Re Names Swiss Re’s Kuk as CEO, Succeeding Co-Founder Hahn

Mar 24 2026 // Peak Reinsurance Co. Ltd., the Hong Kong-based reinsurer that specializes in emerging markets, announced that Victor Kuk will become chief executive officer, effective April 20, 2026, subject to regulatory approval. Kuk is...

Wildfires, Storms, Floods Account for Record 92% of Global Insured Losses: Swiss Re

Mar 23 2026 // Wildfires, severe convective storms and floods — also known as secondary perils — have driven a record 92% of total global natural catastrophe insured losses of US$107 billion in 2025, according to Swiss Re...

Swiss Re Corporate Solutions to Buy QBE’s Global Trade Credit and Surety Business

Feb 23 2026 // Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals. Upon...

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