Rio Olympics Will Proceed – Despite Zika Epidemic: Munich Re Underwriter May 23, 2016 By John Tozzi and Ira Boudway Should the Olympics proceed in Rio de Janeiro in August as planned? With the lighting of the torch set to...
Re/Insurance CEOs Join Insurance Development Forum, UN & World Bank Initiative May 17, 2016 A group of re/insurance and global broking CEOs are assisting the work of the Insurance Development Forum (IDF), which was...
Swiss Re Capital Markets Appoints Klugman & Monnier to Lead Global ILS Unit May 10, 2016 Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business. Klugman will...
Swiss Re Q1 Net Income Down 15% to $1.23B; New Head of Reinsurance Named April 29, 2016 By Jan-Henrik F枚rster and Jeffrey V枚geli Swiss Re AG, the world’s biggest reinsurer, reported lower first-quarter profit as the company bulked up its reserves and pricing...
Swiss Re’s Revamped U.S. P/C Leadership Team Headed by Wolfe, Ruff, Michaelson April 18, 2016 Swiss Re Americas announced a new structure and leaders for the company’s U.S. property/casualty markets. The changes follow Bill Donnell’s...
Swiss Re and UK’s Legal & General Weigh Bids for Deutsche Bank’s Abbey Life April 14, 2016 By Aaron Kirchfeld, Ambereen Choudhury and Sarah Jones Swiss Re AG and Britain’s Legal & General Group Plc are among firms considering bids for Deutsche Bank AG’s insurance...
Catastrophe Reinsurance Prices Will Continue to Drop This Year: Swiss Re April 7, 2016 By Jan-Henrik F枚rster Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative...
Insurance Claims from China’s Tianjin Port Blasts Rise to $3.5B: Swiss Re’s ‘sigma’ March 30, 2016 Insurance payouts from the chemical blasts at the Chinese Port of Tianjin last year could total up to $3.5 billion,...
Swiss Re’s 2015 Net Income Rises 31% to $4.6B; Q4 Profit Up to $938M February 23, 2016 By Jan-Henrik Foerster and Jeffrey Voegeli Swiss Re AG reported fourth-quarter profit that beat estimates after a quiet year for natural catastrophes and announced that Christian...
Veolia, New Orleans Discussing Flood Prevention System February 10, 2016 French water and waste group Veolia said it is talks to install a flood prevention system in the city of...