Swiss Re No Longer Offers Re/Insurance to Firms with More Than 30% Coal Exposure July 3, 2018 Swiss Re announced it no longer is providing re/insurance to businesses with more than 30 percent exposure to thermal coal...
Engineering Insurance Results Deteriorate but Better Times Could Be Ahead: Swiss Re June 14, 2018 By L.S. Howard Underwriting performance in global engineering insurance has deteriorated over recent years – on declining premiums and rising claims in some...
Ningen Named CEO of Swiss Re Canada June 4, 2018 Monica Ningen has been appointed president and chief executive officer of Swiss Re Canada and English Caribbean. Ningen succeeds Veronica...
Swiss Re to Create Standalone E&S Unit for U.S. April 27, 2018 Swiss Re Corporate Solutions has announced the creation of a standalone excess and surplus (E&S) business unit in North America....
SoftBank Borrows $8B, Backed by Its Stake in Alibaba, Say Sources April 6, 2018 By Donal Griffin, Ruth David and Dinesh Nair SoftBank Group Corp. borrowed about $8 billion through a margin loan backed by its Alibaba Group Holding Ltd. stake as...
Swiss Re CEO Manages Shareholder Expectations on SoftBank Investment: Opinion April 4, 2018 By Lionel Laurent, Bloomberg View Who wouldn’t want the attention of a billionaire like Masayoshi Son? The SoftBank founder is Japan’s third-richest man, with interests...
Swiss Re Continues Talks with SoftBank Which Seeks Stake of Up to 10% April 4, 2018 By Jan-Henrik Förster and Patrick Winters Billionaire Masayoshi Son’s SoftBank Group Corp. is likely to take a stake of 10 percent or less in Swiss Re...
SoftBank Edges Closer to Buying Swiss Re Stake, Valued at $9.6 Billion: Sources March 29, 2018 By Manuel Baigorri, Dinesh Nair and Jan-Henrik Förster Swiss Re AG jumped after people familiar with the matter said Japan’s SoftBank Group Corp. is edging closer to buying...
Blockchain Insurance Industry Initiative, B3i, Forms Company Called ‘B3i Services’ March 26, 2018 The Blockchain Insurance Industry Initiative (B3i) announced the incorporation of B3i Services AG in Zurich, Switzerland. The company was formed...
Munich Re Eyes Purchase of London Property, Which Could Become UK HQ: Sources March 15, 2018 By Jack Sidders and Sharon Smyth Munich Re, the world’s largest reinsurer, is in talks to acquire a plot that has approval for one of the...