Swiss Re
Swiss Re: Insurers should not ignore 'the elephant in the room'
Against the backdrop of the upcoming regulatory framework in Europe – Solvency II – Swiss Re has outlined how it believes insurance risk managers can shape their companies’ risk management culture in the post-crisis world.
Oil spill could cost $3.5bn
The Deepwater Horizon oil slick approaching the Louisiana coastline could cost the insurance industry $3.5bn (£2.3bn).
Swiss Re profits up 22%
Profits at reinsurance giant, Swiss Re have risen, but figures show total premiums have fallen and property casualty unit income has dropped 69% on heavy cat losses.
Climate change: Just the beginning
After the failures of the conference in Copenhagen, Rachel Gordon looks at the work done by insurers in ensuring the threat of climate change is properly addressed.
Swiss Re, Lloyd’s see boost for insurers in Dodd Bill
Proposed plans to create US Treasury Department office to negotiate international regulations have drawn praise from (re)insurers.
Ex Swiss Re ILS head joins Willis for capital markets push
Willis has appointed Bill Dubinsky as managing director and head of insurance-linked securities for its Willis Capital Markets & Advisory arm.
Munich Re places North Carolina cat bond
Munich Re has placed a catastrophe bond to cover two North Carolina insurance groups' hurricane exposures.
CSR - microinsurance: Small wonder
Traditional insurance has typically focused on affluent markets, mainly in Western industrialised countries, but insurers willing to go off the beaten track could find microinsurance a rewarding addition to their business, writes Ana Paula Nacif.
Dual launches web-based platform
Dual International has selected e-business solutions specialist Salmon to develop and implement a new pan-European web-based underwriting platform.
Reinsurance country report: China - Taming the dragon
A strict regime and a fierce response from local insurers have limited international reinsurers success in China - so will the latest developments be another false dawn? Jem Golden reports
Swiss Re appoints new UK boss
Russell Higginbotham has been appointed as head of client markets for Swiss Re in the UK & Ireland.
Buffett raises Munich Re stake
Warren Buffett, already Munich Re's biggest individual shareholder, has built up his stake to nearly 8%, the reinsurer revealed on Thursday
Miller looks to Markel to boost Singapore team
Miller Insurance Services has announced that Paul Cheng has joined its office in Singapore.
Looking Back 10 Years Ago: Insurers hit by high claims costs
Insurers suffered their second-heaviest claims burden ever last year — only 1992, the year of Hurricane Andrew, was worse.
Swiss Re gives quake and Xynthia loss estimates
Reinsurer claims losses for the European winter storm to be approximately $100m.
Swiss Re back in the black
Swiss Re returned to profit in 2009, reporting net income of CHF506m (£303m) for the year, compared to a loss of CHF864m in the prior year.
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.
Armour Re adds former Pro Solutions senior executive
Bermudian specialty reinsurer Armour Re has said that it has hired Katherine Barker as president of its US subsidiary, Armour Risk Management.
Torus adds two brokers to start San Francisco business
Insurer Torus said that it is opening an office in San Francisco.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Catlin raids Swiss Re for CIO
Catlin Group has appointed Martin Zingg as chief investment officer with effect from 1 March.
Swiss Re fined by Swiss stock exchange
The Sanction Commission of the SIX Swiss Exchange has imposed a CHF 50,000 fine on Swiss Re.