Swiss Re 2019 Profit Hit by Natural Disasters, U.S. Casualty Claims February 20, 2020 Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and...
Swiss Re’s iptiQ and IKEA Partner to Offer Home insurance February 18, 2020 Swiss Re’s iptiQ and IKEA announced the launch of HEMSÄKER, home insurance that provides accessible protection at an affordable price,...
Insured Losses in 2019 Estimated at $56B, Down from $93B Last Year: Swiss Re December 20, 2019 Global insured losses in 2019 dropped to an estimated US$56 billion, from US$93 billion in 2018 and below the annual...
Swiss Re to Sell U.K. Insurer ReAssure to Phoenix Group for $4.3B in Cash, Shares December 6, 2019 Swiss Re announced an agreement to sell its U.K. life subsidiary ReAssure Group plc to Phoenix Group Holdings plc. As...
Insurance Premiums to Grow 3% Despite Economic Slowdown: Swiss Re November 14, 2019 Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic...
Startup Zego Becomes 1st U.K. Insurtech to Get Insurance License November 12, 2019 Zego has become the first ever U.K. insurtech to be awarded its own insurance license, which will enable it to...
Are Employees Pushing Insurers to Shun Coal in Climate Change Movement? November 7, 2019 By Don Jergler Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies...
China Pacific Eyes Swiss Re Stake but Real Target Might Be London Listing: Opinion November 7, 2019 By Nisha Gopalan, Bloomberg Opinion It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co....
Swiss Re Explores Investment in China Pacific Insurance November 6, 2019 Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the...
Swiss Re and Pioneer to Offer Telematics Solution for Insurers in 2020 October 31, 2019 Swiss Re and Tokyo-based car electronics company Pioneer Corp. have co-developed a telematics solution that provides insurers with more personalized...