Swiss Re
Founded in Zurich, Switzerland in 1863, Swiss Re Group is a global wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. Dealing direct and working through brokers, its global client base consists of insurance companies, mid-to-large-sized corporations and public sector clients. The firm has over 70 offices around the the world.
See below for the Latest Swiss Re News, Analysis, Profit Results, Share Price Information, and Commentary.
Hurricanes, earthquakes may raise insured losses to $300b annually
Hurricanes, earthquakes may raise insured losses to $300b annually
Insured natural catastrophe losses in 2025 will be about the same level as last year.
Swiss Re warns motor insurers on rising claims pressures
Last year saw 90 million car sales, which required mandatory motor coverage.
Swiss Re brings in 17-year CRO veteran for top risk role
He will succeed Patrick Raaflaub, who is stepping down from the role.
Hannover Life Re to acquire Swiss Re’s direct life portfolio
The transaction is expected to be completed within 18 months.
Swiss Re board proposes 8% dividend increase
It will mount to $7.35 per share.
Swiss Re bags $3.2b profits, rises 3.1% YoY in FY 2024
The company targets a net income of over $4.4b for 2025.
Swiss Re appoints new ANZ head of life, health
He was head of L&H Claims for US since 2016.
Insurance-linked securities market grows 10.5%, nears $50b notional value
The market benefited from strong issuance activity.
India’s life insurance sector bound for 6.9% annual growth: Swiss Re
Total premium volumes predicted to increase by an average of 7.3%.
Top 50 list shows recovery in Hong Kong’s insurance premiums
Only four segments in the top 10, all life insurers, posted growth in 2023.
Swiss Re aims for $4.4b profit in 2025
Life & Health Reinsurance (L&H Re) unit aims for a net income of $1.6b.
Hong Kong needs more underwriters in marine insurance
The city may have to ease immigration rules to attract talent.
Insured losses top $100b for fifth consecutive year
Annual insured losses are expected to rise by 5% to 7%.
Howden taps Azman Noorani as new global head for surety
He brings over 26 years of experience in the insurance and reinsurance markets.
Life insurance premiums forecast to grow by 3% yearly until 2026
Global life insurance premiums are expected to rise to $4.8t by 2035.
Swiss Re net income falls 12% in 9M 2024
In the third quarter, its net income was $102m.
Japanese insurers double down on tech to weather disaster risks
Industry players are relying on data analytics to improve risk management.
Commentary
From traditional brokers to tech-led platforms: How B2B insurance is changing in Singapore