Insurers Bracing for Thai Flood Claims over $10 Billion November 21, 2011 By Myles Neligan Insurers are bracing themselves for claims in excess of $10 billion after floods in Thailand disabled major foreign-owned manufacturing operations...
IAIS Calls for Greater Scrutiny over Non-traditional Insurance November 15, 2011 By Myles Neligan Regulators should focus on insurers’ role in markets outside their traditional sphere, as such activities could worsen the economic impact...
Swiss Re Places $130 Million Cat Bond for Hurricanes, European Wind November 9, 2011 Swiss Re has obtained a further $130 million in protection through the Successor X Ltd. catastrophe bond program, which covers...
S&P Upgrades Swiss Re and Core Subsidiaries to ‘AA-‘; Outlook Stable October 31, 2011 Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on Zurich-based reinsurer Swiss...
Swiss Re Opens General Aviation Office in New York October 11, 2011 Swiss Re Corporate Solutions’ aviation unit is expanding its operations in the North American general aviation (GA) market. It launched...
Swiss Re Policies Help Cholera Victims in Haiti, Poor Farmers in Africa September 26, 2011 Global reinsurer Swiss Re is introducing business interruption coverage in case of cholera outbreaks for women entrepreneurs in Haiti. Swiss...
Swiss Re Report Estimates 2011 First 6 Months Cat Losses at $70 Billion September 9, 2011 Preliminary estimates from Swiss Re’s newly released sigma report indicate that “total insured losses for the global insurance industry from...
Swiss Re Study Forecasts ‘Continued Growth’ for Insurance Linked Securities September 7, 2011 According to Swiss Re’s study – “The fundamentals of insurance-linked securities” – some 15 years after they were introduced, the...
Swiss Re Sigma Study Examines Government/Private Sector Coverage August 31, 2011 Swiss Re’s latest sigma study – “State involvement in private insurance” – examines the increasing symbiosis between governments and the...
Swiss Re Analyzes Effects of Economic Crisis on Nordic Insurance Market August 30, 2011 Swiss Re, as host of its Nordic Risk & Insurance Summit (NORIS™) conference, warned that the “economic environment in the...