Swiss Re
Swiss Re's Q2 results hit by sale of Admin Re at a loss
Swiss Re has reported net profit of $83m for the second quarter of 2012 as the result of the sale of the Admin Re US business at a loss of $1bn.
Swiss Re posts 91% drop in net income for Q2
Swiss Re's net income attributable to common shareholders fell by $877m to $83m (2011: $960m) in the second quarter of 2012 owing to a $1bn loss from the sale of the US business Admin Re.
Making flood prevention cost effective
Flooding now affects more people than any other natural catastrophe. Jens Mehlhorn explains how tried and tested methodologies for determining the cost effectiveness of measures show that prevention is better than cure.
Olympics: Claims from the games
Terrorism, adverse weather and the outbreak of disease could all cause the cancellation of the Olympics. But could the industry cope if the Games were canned?
Rehabilitation First Awards 2012 – shortlist announced
Post is delighted to unveil the shortlist of excellent entries going through to the final round of judging for this year's Rehabilitation First Awards 2012.
Mapfre to offer roadside assistance for bikers in India
Mapfre Assistance is to provide breakdown assistance for moped and motorcycle riders in India, after designing a trailer to transport two-wheeled vehicles.
Private equity firm named as ING bidder
Private equity firm Blackstone Group is teaming up with Mark Wilson, former head of AIA Group, and other investors in a bid for ING's Asian insurance business, according to Bloomberg's Businessweek.
Swiss Re untroubled by immediate Eurozone crisis
Swiss Re faces no immediate threat from the Eurozone crisis and could withstand the orderly exit of multiple countries from the euro, its chairman was quoted as saying on Monday.
View from the Top: Winds of change in the power industry
Germany's policy shift towards renewable energies has been a tremendous boost to wind-farm prospects.
Spotlight On Medical & Health: The long-life experiment
With an ageing population presenting new challenges, how can the insurance industry turn the problem of increased longevity into an opportunity?
Global non-life premiums expanded 1.9% in 2011
Global reinsurance premiums declined 0.8% in real terms in 2011, according to Swiss Re's latest Sigma study.
Emerging markets drive global premium growth
Economic growth in emerging markets and selective rate increases in developed markets helped drive a 1.9% increase in global non-life insurance premiums in 2011.
European investors warned over hidden flood exposures in international interests
European investors in emerging markets and their insurers need to be more aware of possible exposure to flood risk, according to Swiss Re's head of flood risk.
Flood cover: Sink or swim?
The expiry of the Statement of Principles is a year away, and the industry is looking for a replacement to cover the impact of flooding. Two ideas have been floated, but which will sink and which will swim?
International insurance think tank appoints Swiss Re's Fitzpatrick as MD
The Geneva Association has named John Fitzpatrick as secretary general and managing director.
Former Aon VP to head up Swiss Re Asia Pacific
Swiss Re Corporate Solutions has appointed Ted Hodgkinson as head of Asia Pacific.
ISA 2012: Chinese cool on Western insurance brands and MNC employment
The outlook for the Chinese insurance sector continues to be attractive, but international players are challenged on many fronts, such as limited geographical reach and restrictions over the way they conduct businesses.
China is world's worst for flood risk
China has been ranked as the world's top flood risk zone in a report by Swiss Re, ahead of fellow emerging economies Brazil, Rusia and India, The Taipei Times reported.
Jubilee hires former Swiss Re boss for speciality role
Lloyd's insurer Jubilee has appointed David O'Sullivan as head of life in a bid to grow the speciality life business.
Swiss Re secures nat-cat buffer of $400m via bond market
Swiss Re has obtained an extra $400m in natural-catastrophe protection via a catastrophe bond through newly formed issuer Mythen Ltd.
Swiss Re issues $400m flexible cat bonds
Swiss Re has established a $400m cat bond vehicle that will enable it to issue multiple bonds over an extended period to cover European and US wind storms.
Insurance the micro way
Much of the world's population has now moved out of extreme poverty and into the lower middle class. Francesca Nyman examines whether there is a market for micro-insurance in this demographic.
'Benign catastrophe experience' helps Swiss Re to $1.1bn profit
Swiss Re reported first-quarter net income of $1.1bn for 2012, compared with a $665m loss in the prior year period.
Swiss Re nearly halves Q1 COR to 85%
Swiss Re has reported "strong underwriting, good investment performance and lower than-expected major natural catastrophe claims" for a "very strong first-quarter" net income of $1.1bn compared to a loss of $665m for Q1 2011.