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...
Hedge Fund Fermat Sees 20% Surge in Catastrophe Bond Market May 15, 2025 By Gautam Naik Hedge fund Fermat Capital Management expects the market for catastrophe bonds to grow 20% this year, as a product based...
Insured Losses Could Hit $145B in 2025, Driven by Rising Claims From Secondary Perils April 30, 2025 By L.S. Howard Global insured losses from natural catastrophes hit US$137 billion in 2024, following the 5%-7% annual growth rate that has been...
Swiss Re to Sell Entire 10.05% Stake in Canada’s Definity Financial for C$655 Million March 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)...
US Property/Catastrophe Reinsurance Rates Likely to Stabilize During Midyear Renewals March 14, 2025 By L.S. Howard Reinsurance renewal rates continued dropping during this year’s January renewals, but US property/catastrophe reinsurance pricing is likely to stabilize during...
Swiss Re Corporate Solutions Unveils New Structure, Promotes McGrath as CUO February 27, 2025 Swiss Re’s commercial insurance arm, Swiss Re Corporate Solutions, has unveiled a new organizational structure, aiming to serve corporates and...
Swiss Re Expects Hit of Less Than $700 Million From Los Angeles Wildfires February 27, 2025 By Tom Sims and Paul Arnold Reinsurance company Swiss Re said on Thursday that claims from wildfires in Los Angeles would be less than $700 million...
Avolon, BOC Settle Lawsuit Against Insurers Over Stranded Russian Jets February 7, 2025 By Padraic Halpin and Conor Humphries Avolon and BOC Aviation, two of the world’s largest aircraft lessors, have settled lawsuits in the Irish courts against insurers...
Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025 December 20, 2024 Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing...
Swiss Re Among Firms in $3 Billion Credit-Risk Deal for International Finance Corp. December 18, 2024 By Esteban Duarte and Jorgelina do Rosario Swiss Re AG, Tokio Marine Holdings Inc., AXIS Capital Holdings Ltd. and AXA SA are among providers of $3 billion...