Swiss Re News
The Insurance Protection Gap: A Growing Problem in Emerging Nations, Developed Economies
The protection gap. It's a phrase that will be increasingly heard over the coming years—because it is getting bigger. The protection gap is the difference between insured losses and economic ...
The Fine Art of Underwriting Through Soft and Slightly Harder Market Cycles
Twenty or so years ago, a London market marine underwriter declared he was going golfing one particular afternoon because he had reached his annual capacity level. That was an underwriting model ...
In Zurich’s Financial District, Landlords Resist Rent Cuts and Offices Lie Empty
Two floors of a prime lakeside office building in the heart of Zurich's financial district remain empty six months after they were offered for lease. While that's a cost for owner Zurich Insurance ...
Swiss Re CFO Cole Will Step Down; Dacey to Replace Him
Swiss Re's group chief financial officer is stepping down, and the reinsurer is promoting from within to replace him. John Dacey, currently group chief strategy officer, will become group chief ...
European Insurers Surpass U.S. Rivals in Coal Investment Exits: Campaign Group
Insurers have pulled $20 billion out of coal investments, but most are European and none of the top nine U.S. insurers has taken "meaningful action," campaign group Unfriend Coal said on Wednesday. ...
Swiss Re Reports Nearly Half-Billion-Dollar YTD Loss; Forecasts Price Hikes
A rise in insurance premiums, especially in areas affected by recent hurricanes and disasters, will help Swiss Re recover from almost half a billion dollars of losses in the first nine months of this ...
Executives On The Move at AIG and Swiss Re
A former AIG executive has returned to the insurer to take on a newly-created role. Swiss Re's Corporate Solutions unit appointed a new executive with a North America focus.
AXIS Brings on Swiss Re’s Arora as New Reinsurance CEO
AXIS Capital Holdings Ltd. hired on veteran Swiss Re executive Steve Arora as the new chief executive officer of AXIS Re. Arora spent 18 years in a variety of senior positions at Swiss Re, most ...