(IN BRIEF) Global insured losses from natural catastrophes in 2024 are projected to exceed USD 135 billion, marking the fifth consecutive year such losses have surpassed USD 100 billion, according to Swiss Re Institute. Hurricanes Helene and Milton caused nearly … Read the full press release
Posted in Banks, Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Balz Grollimund, Financial, investment, Jerome Jean Haegeli, natural catastrophes, sustainability, Swiss Re
(IN BRIEF) Swiss Re is selling its iptiQ European P&C business to Allianz Direct, including its Luxembourg-based risk carrier, over 100 employees, and existing distribution agreements in several European markets. This move aligns with Swiss Re’s strategy to exit iptiQ, … Read the full press release
Posted in Banks, Business, Economy, Financial, Government, Industrial, Insurance, Investment, Luxembourg, Management, News, Switzerland
Tagged acquisition, Allianz Direct, iptiQ European P&C Business, Jef Van In, Luxembourg, partnership, Philipp Kroetz, Swiss Re
(IN BRIEF) Swiss Re Institute predicts a significant upswing in profitability for the life insurance industry as global interest rates climb, with an estimated additional USD 1.5 trillion in global life savings premiums projected over the next decade. Higher interest … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Financial, investment, Jerome Jean Haegeli, Life Insurance Profits, Paul Murray, Swiss Re
(IN BRIEF) Swiss Re has announced its proposals for its upcoming Annual General Meeting (AGM) on April 12, 2024, including the re-election of Jacques de Vaucleroy as a Board member and his election as Chairman, along with the nomination of … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged AGM, appointment, Chairman, Financial, Geraldine Matchett, investment, Jacques de Vaucleroy, leadership, sustainability, Swiss Re
(IN BRIEF) Swiss Re Institute’s latest analysis reveals that climate change is poised to escalate economic losses globally due to severe weather events. The report highlights the vulnerability of countries like the Philippines and the United States, which face significant … Read the full press release
Posted in Economy, Financial, Insurance, Switzerland
Tagged Australia, Austria, CHINA, climate change, economic losses, floods, GDP, INDIA, Intergovernmental Panel on Climate Change, IPCC, Japan, Jérôme Jean Haegeli, PHILIPPINES, property damage losses, severe thunderstorms, Swiss Re, Swiss Re Institute, Switzerland, Taiwan, THAILAND, tropical cyclones, US, US economy, weather perils, weather-related natural catastrophes, winter storms
(IN BRIEF) Swiss Re has announced impressive financial results for 2023, reporting a net income of USD 3.2 billion and a return on equity of 22.3%. The company’s Property & Casualty Reinsurance (P&C Re), Life & Health Reinsurance (L&H Re), … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) Multi-cancer early detection (MCED) blood tests hold the promise of revolutionizing cancer screening by providing a comprehensive, minimally invasive screening option for multiple types of cancer in a single blood sample. These tests offer the potential to increase … Read the full press release
(IN BRIEF) Swiss Re, a global reinsurance company, has announced strong financial results for the first nine months of 2023, posting a net income of USD 2.5 billion. In the third quarter alone, the company recorded a profit of USD … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Christian Mumenthaler, earnings, Financial, investment, John Dacey, Swiss Re
(IN BRIEF) The insurance industry is leveraging digitalization to monitor, mitigate, and price risks more efficiently, leading to tailored insurance solutions and increased protection. Swiss Re’s report highlights the potential for 3-8% improvements in loss ratios and 10-20% savings in … Read the full press release
Posted in Business, Economy, Financial, Industrial, Insurance, Investment, Management, News, Switzerland, Technology
Tagged digitalization, insurance, Jérôme Haegeli, Pravina Ladva, Swiss Re
(IN BRIEF) Swiss Re is emphasizing the importance of enhanced underwriting data, improved modeling, and rebalancing the insurance value chain to ensure the sustainability of the reinsurance market. As the demand for re/insurance protection increases in a volatile environment, Swiss … Read the full press release
Posted in Business, Economy, Environment, Financial, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged Gianfranco Lot, Moses Ojeisekhoba, Reinsurance Market, sustainability, Swiss Re, Urs Baertschi
(IN BRIEF) Swiss Re Reinsurance Solutions has partnered with Wysa to launch Wysa Assure, an AI-driven mental health support app. Combining Swiss Re’s risk expertise with Wysa’s AI technology, the app offers on-demand mental health assistance through an AI chatbot … Read the full press release
(IN BRIEF) Swiss Re Institute’s latest sigma report highlights that emerging Asia, led by the reopening of China’s economy, is expected to be the main driver of global economic growth in the coming years. The report forecasts a growth rate … Read the full press release
Posted in Business, Economy, Industrial, Insurance, Investment, Management, News, Switzerland
Tagged ASIA, CHINA, economy, Global Economic Growth, inflation, Jérôme Haegeli, Li Xing, Swiss Re
(IN BRIEF) Swiss Re Reinsurance and Des Moines-based insurtech Benekiva have formed a strategic partnership to create an Integrated Claims Management Platform that combines Benekiva’s claims administration system with Swiss Re’s Claims Automated Rules Engine. The end-to-end platform supports digital … Read the full press release
Posted in Business, Financial, Insurance, Investment, Management, News, Switzerland
Tagged Benekiva, Brent Williams, Carl Christensen, Claims Management Solution, partnership, Swiss Re
(ACTUALITÉ EN BREF) Swiss Re, une société de réassurance mondiale de premier plan, prévoit de simplifier sa structure organisationnelle pour améliorer l’efficacité, l’expérience client et l’efficacité globale, en attendant l’approbation réglementaire. L’unité commerciale de réassurance sera divisée en P&C Re … Read the full press release
Posted in Business, Insurance, Management, News, Switzerland
Tagged Andreas Berger, Christian Mumenthaler, direction, gestion des risques, L&H Re, Moses Ojeisekhoba, P&C Re, Paul Murray, Réassurance, souscription, Swiss Re, Urs Baertschi
(IN BRIEF) Swiss Re, a leading global reinsurance company, plans to simplify its organizational structure to improve efficiency, client experience, and overall effectiveness, pending regulatory approval. The Reinsurance Business Unit will be divided into P&C Re and L&H Re, with … Read the full press release
Posted in Business, Insurance, Management, News, Switzerland
Tagged Andreas Berger, Christian Mumenthaler, L&H Re, leadership, Moses Ojeisekhoba, P&C Re, Paul Murray, reinsurance, risk management, Swiss Re, underwriting, Urs Baertschi
(PRESS RELEASE) SINGAPORE, 3-Oct-2022— /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced a new partnership with Indonesia Re (PT Reasuransi Indonesia Utama), a fully owned by The Republic of Indonesia, aimed at supporting the the underwriting decisions of … Read the full press release
(COMMUNIQUÉ DE PRESSE) SINGAPORE, 3-Oct-2022— /EuropaWire/ — Swiss Re, le deuxième réassureur mondial, a annoncé un nouveau partenariat avec Indonesia Re (PT Reasuransi Indonesia Utama), une société entièrement détenue par la République d’Indonésie, visant à soutenir les décisions de souscription … Read the full press release
(PRESS RELEASE) SINGAPORE, 25-Aug-2022 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced that its Honorary Chairman Walter B. Kielholz will be the recepient of the 2020 Singapore Honorary Citizen Award, which is the highest form of national … Read the full press release
(COMMUNIQUÉ DE PRESSE) SINGAPORE, 25-Aug-2022 — /EuropaWire/ — Swiss Re, le deuxième réassureur mondial, a annoncé que son président honoraire Walter B. Kielholz sera le récipiendaire du Singapore Honorary Citizen Award 2020, qui est la plus haute forme de reconnaissance … Read the full press release
Posted in Awards, Financial, Insurance, Management, Switzerland
Tagged Autorité monétaire de Singapour, FinTech hub, gouvernement de Singapour, hub FinTech, M. Ravi Menon, Monetary Authority of Singapore, Mr Ravi Menon, national award, prix national, Singapore Government, Singapore Honorary Citizen Award, Swiss Re, Swiss Re Asia, Walter B. Kielholz
(COMMUNIQUÉ DE PRESSE) ZÜRICH, 18-Mar-2022 — /EuropaWire/ — Swiss Re, le deuxième réassureur mondial, a annoncé deux nouvelles nominations en Asie et en Amérique du Nord. Ivan Gonzalez a été nommé CEO Reinsurance China et China Country President avec effet … Read the full press release
Posted in Business, Insurance, Management, Switzerland
Tagged Andreas Berger, assurance, Ivan Gonzalez, Katie McGrath, nominations, Réassurance, Russell Higginbotham, Swiss Re
EuropaWire (EW) is the first truly pan-European and leading press release distribution and newswire service for Europe and the European Union working towards consolidating Europe’s voice on the global newswire and media scene. The newswire service comes with advanced submission forms, flexible pricing and PR budgeting, granular targeting, nearly uncapped reach across countries, markets, verticals, industries, audiences, languages, etc., translation and localisation for greater local PR impact, in-depth distribution reporting, metrics and insights including measured PR reach, reads, engagements, impact, etc., no cap on words, images and multimedia to go along with your release, among others. Your press releases will be seen among the releases of Europe’s biggest and most prominent companies, brands and institutions.
HOW TO GET STARTED?