Swiss Re News
Weather Risks Could Become Uninsurable Without Acting on Climate Change: Swiss Re
Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty in the assessment of these events by the insurance industry, which ...
Executives On The Move at Swiss Re, AmWINS and Guy Carpenter
Swiss Re is promoting one if its rising leaders to become its market executive for Western and Southern Europe starting later this year. A Beazley Group veteran is joining AmWINS Group to become ...
Insurers Gain Reprieve With Olympics Delay Rather Than Cancellation
Delaying the Olympics is likely to cost insurers much less than canceling the Tokyo Games altogether, with a chance that some of those involved may not have policies specifically covering a ...
The Latest Launches From Swiss Re and Trov
Swiss Re formed a strategic alliance with Microsoft Corp. that will give it access to some digital tools. Trov said its technology will be used to help manage risk data for a car-share fleet of Tesla ...
Swiss Re Will Make UBS CEO Ermotti Its Chairman in 2021
Swiss Re plans to make UBS Group Chief Executive Sergio Ermotti its chairman from next year, the world's second-biggest reinsurer said on Tuesday, turning to a financial industry veteran with scant ...
Swiss Re Hit With 2019 Profit Drop; P/C Combined Ratio Reaches 107.8
Reinsurer Swiss Re reported on Thursday a smaller-than-expected profit in 2019 due to claims for a series of man-made and natural disasters, as well as expenses for its U.S. casualty business, ...
IKEA, Seller of Furniture and Meatballs, Now Offers Home Insurance
IKEA, the Swedish global retailer that sells everything from assemble-it-yourself furniture to food, is getting into the home insurance business. Specifically, IKEA said it is partnering with Swiss ...
Insurance Value Chain Poised for Big Changes From Data-Driven Business Models
Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored products and services and refine existing ones, said the ...