Swiss Re
Swiss Re reports 118% net income rise
Swiss Re reported a 118% increase in net income in its third quarter to $1.3bn (2010 $0.6bn).
Standard & Poor upgrades Swiss Re to AA-
Standard & Poor has upgraded Swiss Re from A+ to AA- following the firm success in derisking its asset portfolio, convertible perpetual capital instrument with Berkshire Hathaway and stabilised its net income.
Swiss Re upgraded to 'AA-'
Standard & Poor's Ratings has raised its long-term counterparty credit and insurer financial strength ratings on Swiss Re and its core subsidiaries to 'AA-' from 'A+'. The outlook on all of these entities is stable.
Thailand flood losses manageable for insurers
While the current flooding in Thailand is unusually severe and economically costly, the insured losses are likely to be at a manageable level and will not trigger widespread solvency problems, or undue financial strain, for the country's non-life…
Rating factors - Age: Age-old dilemma
After losing the battle to use gender as a rating factor, could the insurance industry be facing a new threat as age falls under the spotlight?
Climate change: A changing environment
With insurers rushing to provide environmental cover, how are they performing themselves in the climate change stakes?
Swiss Re corporate aims for top 10 commercial position
Swiss Re’s new dedicated commercial arm is aiming to be a top 10 player for brokers in the corporate market.
In series - Lloyd's & London Market: Social strengths
The CII’s London market faculty New Generation Group is downbeat about Lloyd’s adoption of social media. Post spoke to its members to find out why.
Insurers prepare for next solvency step before Solvency 2 is even implemented
While insurers continue to prepare themselves for the implementation of Solvency II in January 2013, many in the market are already anticipating the next regulatory regime change.
BIS panelists say arbitrage is inevitable under Solvency II
Arbitrage between different regulators is likely under Solvency II, according to panelists at Post’s Business Insurance Summit last week.
Swiss Re announces board changes
Swiss Re wants Robert Henrikson, chairman and former chief executive officer of MetLife, to join its board at its AGM on 13 April 2012. He will succeed Robert Scott who is retiring.
Swiss Re announces board changes
Swiss Re wants Robert Henrikson, chairman and former chief executive officer of MetLife, to join its board at its AGM on 13 April 2012. He will succeed Robert Scott who is retiring.
Swiss Re chief becomes head of Climate Wise
Swiss Re director John Coomber is to become the new chairman of Climate Wise on 1 October.
Climate Wise chairman named
John Coomber, member of the board of directors of global reinsurer Swiss Re, will become the new chairman of Climate on 1 October.
BIS 2011: Regulation and balance sheet concerns blamed for below book trading
A combination of balance sheet concerns and the impact of Solvency II was identified as the main reason why insurers are trading below the book by delegates at the British Insurance Summit yesterday.
Rehabilitation First Awards 2011: Rehabilitation Initiative of the Year — Provider
Amid a strong and diverse shortlist, one entry stood out due to the combined and pioneering efforts in delivering pre-claim early intervention for individuals with mental health problems.
Swiss Re: low interest worse than cats
Three years of record low interest rates were a bigger shock for the reinsurance industry than recent natural catastrophes, Swiss Re has claimed.
Insurance-linked securities market poised for continued growth
The market for insurance-linked securities is poised for continued growth according to Swiss Re.
Insurance-linked securities to grow
Swiss Re claims that 15 years after its inception, the market for insurance-linked securities is poised to grow.
Irene batters the US but commercial losses look set to be low
Hurricane Irene will be a personal lines insurance event in the US with few major commercial losses, raising the issue of coverage for flood policies, according to loss adjuster Cunningham Lindsey.
Governments leveraging private insurance skills
More governments are leveraging private insurance skills and the growing capacity of the sector to cover catastrophe losses as well as a wide range of other risks, according to Swiss Re in its latest sigma research publication.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
IIF pushes for distinct sector regulation
The Institute of International Finance has called for a “greater cross-sectional co-ordinated” response from the insurance and banking industries to ensure the sectors have separate regulation.
NRWB launches risk management product
The National Register of Warranted Builders has partnered with Celsius Pro, Swiss Re and Aon Benfield Securities to offer its members a new risk management product.