Swiss Re
Swiss Re reports 2012 net income up 60%
Swiss Re has reported soaring net income alongside a special dividend for shareholders driven by P&C reinsurance business.
Swiss Re full year net income rises to $4.2bn
Swiss Re posted net income of $4.2bn for the full year 2012, driven by strong profitability in property and casualty reinsurance and strong investment result.
Financing the growing costs of disasters
Reto Schnarwiler, head of global partnerships for Swiss Re, Americas and EMEA says that a lack of insurance and the growing costs of disasters are hitting individuals and governments hard. He explores how government partnerships with insurers can help…
CNC conducted ‘incomplete economic analysis’ of cartel insurers
Improper economic analysis by Spain’s competition commission led it to wrongly find eight insurers guilty of price fixing, according to legal experts.
Am Best affirms Swiss Re rating
Swiss Re's A+ financial strength rating and issuer credit ratings of ‘aa‘ have been affirmed by AM Best.
Swiss Re splits agriculture and aviation divisions
Swiss Re is to separate its agriculture and aviation divisions as part of a reorganisation of its special lines.
Swiss Re reorganises special lines
Swiss Re is to separate its agriculture and aviation divisions as part of a reorganisation of its special lines.
Low carbon energy could dominate by 2050, says Swiss Re
Low carbon energy could supply 92% of global power by 2050, with Swiss Re playing a key role.
Insurers must back renewable energy, says Swiss Re
The insurance industry can provide key support to the development of renewable energy solutions and the mitigation of climate change, according to Swiss Re.
Energy changes offer opportunities for insurers
The changing energy landscape will provide new growth opportunities for insurers, according to Swiss Re's latest report.
Agricultural insurance could rise 'three to four times' in emerging markets, says Swiss Re
Increases in agricultural production and lack of insurance cover in Asian countries is good news for the emerging market agricultural insurance sector, according to Swiss Re.
Weathering the growing subsidence risk
Subsidence is increasingly frequent and research shows that, with climates getting hotter, this is only going to continue. Edmund Tirbutt looks at how the market covers subsidence and whether it will continue to do so.
Insurance "integral" to improving global food security
Agricultural insurance is "indispensable" for managing agricultural risks, and key to increasing agricultural production, according to Swiss Re.
Emerging Asia to lead life insurance growth, says Swiss Re
Reinsurer believes life insurance premiums will grow by about 10% in real terms this year in emerging Asia.
Technology firm 2e Systems acquires Flightsurance
Flightsurance, a travel insurance start-up underwritten by QBE, has been acquired by 2e Systems, an online and technology provider.
Flightsurance bought by 2e Systems
Travel insurance start-up Flightsurance has been acquired by 2e Systems, a technology provider for the travel industry with offices in London and Frankfurt, for an undisclosed fee.
Interconnectivity of environmental and economic risks is major threat
Environmental and economic risks are on a collision course as cash strapped governments struggle to cope with the increasing economic burden from natural catastrophes, according to the World Economic Forum.
WEF report warns on 'collision course' of economic and environmental challenges
Ahead of its annual meeting in Davos, the World Economic Forum has warned that global economic problems risk sapping the ability to tackle pressing environmental challenges.
Reinsurers back Zurich quake bond
Munich Re and Swiss Re have acted as joint lead structuring agents in a $270m (£166m) catastrophe bond transaction that transfers North American earthquake risk to the capital markets, on behalf of Zurich Insurance Group.
Industry cat losses to hit $65m in 2012, says Swiss Re
Insured losses from natural catastrophes and man-made disasters will reach approximately $65m in 2012, according to Swiss Re.
HDI-Gerling hires engineering and construction director
Industrial insurance company HDI-Gerling has appointed David Chew as engineering and construction director.
Swiss Re forecasts 8% growth in emerging markets in 2013
Global non-life direct premiums are projected to grow by 3% in real terms in 2013, fuelled by emerging market growth of nearly 8%, according to Swiss Re.
Top five European news stories
The top five European news stories from wwww.insuranceinsight.com over the past seven days.
Swiss Re pledges $500m for European infrastructure debt
Swiss Re said today that it has committed $500m for investments in senior secured debt of infrastructure businesses and assets located primarily in northern Europe.