Swiss Re
Deutsche Bank to take on £3bn BMW longevity risks
Deutsche Bank is to take over the longevity risks of nearly £3bn of pension liabilities from BMW’s UK scheme in what will be the largest deal ever done in corporate longevity insurance in the UK.
Swiss Re says capital position "fully restored"
Swiss Re said that it has excess capital of 9bn CHF at 'AA' ratings level, and added that its capital position is 'fully restored'.
Armour Re adds former Pro Solutions senior executive
Bermudian specialty reinsurer Armour Re has said that it has hired Katherine Barker as president of its US subsidiary, Armour Risk Management.
Torus adds two brokers to start San Francisco business
Insurer Torus said that it is opening an office in San Francisco.
Hannover Re and Swiss Re shares in market sell-off
Shares in Hannover Re and Swiss Re were battered in trading on Tuesday on continuing capital concerns.
Catlin raids Swiss Re for CIO
Catlin Group has appointed Martin Zingg as chief investment officer with effect from 1 March.
Swiss Re fined by Swiss stock exchange
The Sanction Commission of the SIX Swiss Exchange has imposed a CHF 50,000 fine on Swiss Re.
Insurers support banks against tougher regulation at Davos
Lloyd's, Zurich and Swiss Re have leant their support to bankers attempting to fend of reforms of the financial services industry at the World Economic Forum in Davos.
Buffett may boost his stake in Germany's Munich Re to over 5%
Warren Buffett owns the rights to Munich Re shares that would bring his stake in the reinsurer to over 5%, according to newswire Bloomberg.
Swiss Re closes retro transaction with Berkshire Hathaway
Swiss Re transfers risk from closed block of US individual life reinsurance business to Berkshire Hathaway in order to redeploy capital at more attractive returns
Swiss Re 'could pay back Berkshire Hathaway by June', analysts say
Swiss reinsurer could pay back Berkshire Hathaway loan back by June 2010, JP Morgan says.
Swiss Re obtains $150m of earthquake protection through issuance of cat bonds
Swiss Re has obtained $150m protection for California earthquake risk through the Redwood Capital XI catastrophe bond programme.
Swiss Re enters $1bn letter of credit facility with JP Morgan
Swiss Re expands letter of credit facility with US banking giant.
Swiss Re insures UK local authority pension fund
Swiss Re has provided insurance for a British local authority pension fund against cost increases due to members living longer than expected, in the first such deal involving a government body.
Swiss Re urges swift action climate change
Delegates speak out at Copenhagen conference
Axa wins race to buy BF Rück
Axa Liabilities Managers to buy BF Rück, a non-life run-off company owned by the states of Berlin and Brandenburg
Swiss Re, Scor in cat bond launches
Swiss Re and Scor launch Cat bonds.
FSB denies systemic risk list claims
Body denies reports it targeted 30 global businesses for supevision exercises
Insurers and reinsurers to continue recovery in 2010
Insurers and reinsurers to continue recuperating from the problems of 2008, according to Swiss Re.
Total catastrophe losses fall in 2009
The total cost of natural catastrophes and man-made disasters in 2009 fell to $52bn from $267bn in the 2008, a survey from Swiss Re has shown.
Swiss Re says no 'significant' exposures to Dubai crisis
Swiss reinsurance giant says not badly exposed to collapse of Dubai World.
Swiss Re launches mortality bond covering H1N1
Swiss Re has entered into a transaction with VITA Capital IV to receive up to $75m of payments in the event of severe population mortality in US or the UK.