Swiss Re
Swiss Re exceeds claims budget following Japan quake
Reinsurer Swiss Re has revealed that it has already gone beyond its claims estimates for 2011 following the Japanese earthquake.
Swiss Re estimates $1.2bn Japan quake loss
Swiss Re has estimated $1.2bn (£738bn) in claims costs from the Japanese earthquake.
Post Europe: Solvency II QIS5 revealed
The results of the quantitative impact assessment 5 for Solvency II are in and it is bad news for Europe’s small insurers. The regulator highlighted the strong capital position of the market but as Vic Wyman explains insurers still have plenty to be…
Reinsurance sector braced for huge losses in Japan
The global reinsurance industry is positioned to absorb the impact of the Japanese earthquake — even if the insured losses reach $35bn (£21.7bn).
Swiss Re reiterates commitment to Japanese market
Reinsurer Swiss Re has reiterated its commitment to the Japanese insurance market following the earthquake which hit the country last week.
BI presents "wildcard" among Japanese quake losses
Major insurance and reinsurance losses both in Japan and globally following last Friday's huge earthquake in Japan will cause negative credit implications for the two sectors, according to Moodys.
Exclusive Climate change content now available on Post Europe
Post Europe’s weekly update is now live with an article discussing the outcomes from the recent climate change conference in Cancun; and an interview with QBE’s general manager for Central and Eastern Europe Petko Tonchev on the issues in the region.
Swiss Re reports strong results despite catastrophes
Swiss Re has recorded a full year net income of USD 863m in 2010, a 74% increase on the USD 496m the reinsurer reported in 2009.
Post Europe: An appetite for legal liability in Europe?
Continental Europe is currently experiencing a level of conservatism among judges and legislators on legal liability. Ralph Savage investigates recent cases to see if this will change in the future.
Public sector cuts: Risk management savings - a false economy?
The squeeze on public sector spending is about to get tighter. Jakki May examines the ways in which its employees, brokers and underwriters need to get the best out of insurance, without compromising quality.
Crossrail signs nine-year no-break deal with Zurich, Ace and Swiss Re
The £15.9bn Crossrail construction project has become the first of its kind to negotiate a nine-year insurance policy to be placed in the global insurance market without a break clause.
Post Europe - View from the Top: Insurers' growth prospects
Looking back at 2010, most insurance companies have restored their capital to pre-crisis levels. This favourable development applies to life and non-life insurers in both the developed and developing economies.
Exclusive legislation and underwriting content now available on Post Europe
Post Europe’s weekly update is now live with a look at the declining legal requirement for insurers in Europe to have fiscal advisors, and a View from the Top that stresses the need for disciplined underwriting.
Postscript - Five years ago: Insurers eye Football League claim
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Brit appoints PI underwriter
Brit Insurance has named Mark Figes as class underwriter for its international professional indemnity division.
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
Ceiops and CEBS publish FCD recommendations
The Committee of European Banking Supervisors and the Committee of European Insurance and Occupational Pensions Supervisors have published their recommendations for the supplementary requirements of the Financial Conglomerates Directive.
Torus makes senior European appointments
Torus, the global specialty insurer, has appointed Jason Mortimer as European client relationship and business development director.
Torus makes senior European appointments
Torus, the global specialty insurer, has appointed Jason Mortimer as European client relationship and business development director.
AM Best positive on Swiss Re after rating revision
AM Best has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a+” of Swiss Re and its subsidiaries.
Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.
Post Europe: Country review: Turkey
Turkey is one country that has ridden out the economic crisis well and is expecting growth in 2011. Jakki May reports on how the insurance market has seen out the financial storm and what its prospects are.
Interview - Bart de Smet: Return to fitness
Despite being one of the most high-profile casualties of the financial crisis, Ageas is now focusing on the future rather than the past. Jonathan Swift meets group CEO Bart De Smet to discuss its UK plans, acquisitions and why big is not necessarily…
Swiss Re: insured losses up 34% to $36bn in 2010
According to initial estimates from Swiss Re’s sigma team, worldwide economic losses from natural catastrophes and man-made disasters were $222bn in 2010, more than triple the 2009 figure of $63bn.