Insurers Pitch Quick-Paying Parametric Disaster Insurance to Public Sector April 9, 2019 By Christopher Flavelle and Katherine Chiglinsky Some of the world’s largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay...
Emerging Markets to Drive Global Insurance Growth over Next Decade: Swiss Re’s Sigma March 8, 2019 Emerging markets will remain the growth engine of the global economy and insurance industry over the next decade, reflecting a...
Swiss Re 2018 Net Profit Rises 27% Despite Spate of Natural, Man-Made Disasters February 21, 2019 Reinsurer Swiss Re on Thursday posted a 27.2 percent jump in 2018 net profit, despite claims from large-scale natural catastrophes...
Hong Kong Insurer FWD Hires Ex-Deutsche Bank Dealmaker as M&A Adviser February 20, 2019 By Cathy Chan and Manuel Baigorri FWD Group, the insurer backed by Hong Kong billionaire Richard Li, has hired former Deutsche Bank AG dealmaker Tan Boon-Kee...
Swiss Re Estimates Its Q4 Natural Catastrophe Claims to Hit US$1.0B January 15, 2019 Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of...
Japan Insurance Group MS&AD to Raise Stake in Swiss Re’s UK Unit ReAssure December 21, 2018 Japanese insurance group MS&AD Insurance Group Holdings (MS&AD) has agreed to increase its minority stake in ReAssure, Swiss Re’s UK...
Swiss Re Appoints Hodges as CEO at ReAssure to Lead on Expected IPO December 17, 2018 As part of the preparation towards a potential initial public offering (IPO) of ReAssure, Swiss Re announced it has appointed...
Global Property, Mortality Protection Gap Hits $500B: Swiss Re November 26, 2018 Households and businesses face a $500 billion global property and mortality protection gap, according to Swiss Re’s latest sigma study....
U.S. Multinationals Flee No-Tax Caribbean Havens, in Favor of Low-Tax Havens November 15, 2018 By Laura Davison Many U.S. multinational corporations have packed up or are choosing to open subsidiaries in low-tax, rather than no-tax, countries that...
Update: Swiss Re Weighs Investment in Chinese Insurer Anbang, Say Sources October 21, 2018 By Bloomberg News China’s attempts to find new investors for Anbang Insurance Group Co. are gathering pace, as Cerberus Capital Management LP to...