Swiss Re News
Swiss Re, Software Firm SAP SE to Develop Financial Steering/Reporting Product
Swiss Re has formed a strategic partnership with software company SAP SE to develop a product addressing the increasingly complex demands of global regulators regarding financial steering and ...
Group Calls for Cutting-Edge Tech Infusion in U.S. Flood Insurance Program Revamp
A U.S. flood insurance program that is drowning in billions of dollars in debt can be modernized to bolster its finances while curbing the public's exposure to flood risks, a national coalition said ...
Swiss Re, XL Catlin to Launch India Branch Offices
Swiss Re and XL Catlin say they've both gotten regulatory approval to open branches in India, following the government's move last year to open its market to foreign insurers and reinsurers. In XL ...
25 Reinsurers Join $1B NFIP Reinsurance Program
The federal government's National Flood Insurance Program has secured more than $1 billion in reinsurance from 25 global reinsurers to help it weather major storms. Participating reinsurers include ...
Insured Disaster-Related Losses Hit $49B in 2016, Well Above 2015 Levels
Insured losses from disaster events around the world cost $49 billion in 2016, a 33 percent jump over 2015. Much of the cost stemmed from Hurricane Matthew, earthquakes, hail and thunderstorms, ...
Executives On The Move at Swiss Re, The Hanover and Cyence
Swiss Re promoted a veteran executive to head its North America Casualty hub. The Hanover elected a new member to its board of directors. Cyence appointed a new director of business development. *** ...
Emerging Markets to Drive Insurance Sector Growth in 2017: Swiss Re
The global economy is expected to grow moderately over the next two years, supporting continued growth in insurance premium volumes, according to a recent Swiss Re report. Growth in global non-life ...
CEO Insight on Insurance M&A Drivers: From Fine Wine to Snapple
FROM THE ARCHIVES: A VINTAGE CARRIER MANAGEMENT ARTICLE FROM 2016 But even though insurance and reinsurance leaders these days deliver long lists of seemingly more compelling and logical reasons for ...