Swiss Re Launches Digital Market Center Supported by Microsoft Data Analytics, AI Tools March 12, 2020 Swiss Re has formed a strategic alliance with Microsoft Corp., which is providing digital tools to support Swiss Re’s new...
Update: Swiss Re Plans to Make UBS CEO Ermotti Its Chairman in 2021 March 3, 2020 By Rob Cox and Oliver Hirt Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world’s second-biggest reinsurer...
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 HEMS脛KER, 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....