Global Policymakers Must Focus on Strengthening Economic Resilience: Swiss Re August 27, 2019 By Michelle Jamrisko A decade after the last financial crisis, attention is too focused on what central bankers can do to prevent the...
Parametric Insurance Cover Provides French Farmers with Drought Relief August 2, 2019 By Inti Landauro Hundreds of French farmers who signed up for specialist policies aimed at insuring against freak weather are getting swift payouts...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Swiss Re Postpones $4B ReAssure IPO, Citing Weak Investor Demand July 11, 2019 By Brenna Hughes Neghaiwi and Arno Schuetze Reinsurance group Swiss Re suspended plans for a $4.1 billion initial public offering of British life insurer ReAssure on the...
Asia Market Drives Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re July 8, 2019 Carriers’ expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018,...
Higginbotham Named Swiss Re’s CEO Reinsurance Asia, Replacing Plunkett June 27, 2019 Swiss Re announced that Russell Higginbotham has been appointed CEO Reinsurance Asia and regional president, effective July 8, 2019, and...
Swiss Re’s UK Unit ReAssure to Be Valued at up to $4.2B in IPO June 27, 2019 By John Revill UK life assurance business ReAssure will be valued at up to 3.3 billion pounds ($4.2 billion) when it floats on...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...
Swiss Re’s UK Unit, ReAssure, Gets Ready for IPO in July June 14, 2019 By Ross Larsen and Will Hadfield Swiss Re AG confirmed that its U.K.-based ReAssure Group Plc unit intends to undertake an initial public offering, giving the...
Swiss Re Plans IPO of $4.5 Billion UK Subsidiary ReAssure June 7, 2019 By John Revill and Carolyn Cohn Swiss Re is pressing ahead with plans to float its $4.5 billion UK life insurance business in London to put...