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...
Swiss Re’s Q1 Profit of $429M Hit by Natural Catastrophes, Boeing Crash May 3, 2019 By Michael Shields Reinsurer Swiss Re AG’s reported an unexpected 6 percent fall in quarterly net profit on Friday as claims from large...
Insurance Industry Must Wake Up to Costs of ‘Secondary’ Catastrophe Perils: Swiss Re April 12, 2019 By L.S. Howard The insurance industry must wake up to the growing cost of “secondary” catastrophe perils, which amounted to more than 60...
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...