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Swiss Re AG

  • Thursday, 13 June, 2024
    FT series: the Uninsurable World
    Swiss Re says industry failed to estimate impact of extreme weather

    Global insured losses from natural catastrophes exceeded $100bn for fourth consecutive year in 2023

    A water rescue helper stands in the water next to his team sitting in their boat on the flooded streets in the center of Passau in Bavaria, southern Germany
  • Thursday, 28 March, 2024
    LexInsurance
    Severe weather is hurting homeowners — but not reinsurers Premium content

    More capital is needed to stop a protection gap for customers growing larger

    A house with a roof damaged by a storm on March 15 2024
  • Friday, 25 August, 2023
    UK insurance industry
    Ex-Swiss Re underwriter wins £1.3mn in sexual discrimination tribunal case

    The award is one of the largest of its kind for harassment in the City of London

    The Swiss Re logo outside the company’s Zurich offices
  • Wednesday, 9 August, 2023
    Insurance
    Insurers rack up $50bn in losses from natural catastrophes this year

    Reinsurers demand much higher prices for cover of extreme weather events in response to growing bill

    A firefighter wades through mud after a landslide in Valdres, Norway, on Tuesday
  • Thursday, 27 October, 2022
    Coronavirus
    Cull of the corporate zombies

    Swiss Re sees potential for GFC-scale shakeout

  • Wednesday, 19 October, 2022
    Lex
    Swiss Re: a bulwark against natural disasters Premium content

    Reinsurers prove their worth when times are hard

    Damaged boats at Fort Myers Beach in Florida in the wake of Hurricane Ian last month
  • Tuesday, 18 October, 2022
    Swiss Re forecasts $1.3bn in claims from Hurricane Ian

    Zurich-based reinsurer predicts third-quarter loss of $500mn

    Damaged boats that were hit by Hurricane Ian at a Fort Myers Beach dock in Florida, US
  • Monday, 12 September, 2022
    LexInsurance
    Reinsurance: a microcosm featuring catastrophes, inflation and capital flight Premium content

    The prospect of less capital chasing business is set to restore much needed pricing power

    The Walking Man sculpture in front of the headquarters of German reinsurer Munich Re, in Munich, Germany
  • Thursday, 25 August, 2022
    Swiss Re loses employment tribunal over sexist comments

    Female underwriter was subject to ‘sexist, demeaning and derogatory’ comments by senior manager

    A sign outside Swiss Re’s headquarters in Zurich
  • Sunday, 7 August, 2022
    News in-depthInsurance
    Climate, war and inflation jolt reinsurers into action

    Price of coverage is going up and options are shrinking for insurers looking to pass on risks

    Firefighters try to contain a wildfire in Sheffield, England
  • Thursday, 5 May, 2022
    Insurance
    Swiss Re pushed to loss as reinsurers count cost of Ukraine war

    Group estimates hit of $283mn including likely aviation losses and warns this may rise

    Aircraft at Sheremetyevo airport, outside Moscow
  • Wednesday, 30 March, 2022
    Swiss Re investors urged to oppose Ermotti’s re-election over lack of gender diversity

    Proxy adviser ISS seeks votes against board chair on grounds reinsurer falls short of industry standards

    Sergio Ermotti. chair of Swiss Re
  • Friday, 25 February, 2022
    Swiss Re takes $4bn hit from Covid and natural disasters

    Pandemic-related claims of $2bn last year came mostly from reinsurance group’s life and health division

    Homes in southern Louisiana surrounded by floodwater in August 2021
  • Monday, 13 September, 2021
    Diane-Laure Arjaliès
    Backing biodiversity to save ourselves

    How can we encourage investors to tackle the next big environmental crisis?

    Shepherd’s warning: Watching a flock beneath a sky illuminated by wildfires in Greece on August 2021
  • Monday, 6 September, 2021
    Insurance
    Climate risks to add $183bn to property insurance costs by 2040, Swiss Re predicts

    Wildfires, winter storms and floods have already made 2021 costly for the industry

    Storm clouds off the coast of Louisiana, US, after Hurricane Ida battered the area
  • Thursday, 12 August, 2021
    Insurance
    Extreme weather blows out catastrophe insurance losses to $40bn

    Worst start to the year for natural disaster claims in a decade

    Destroyed buildings in Kastamonu after flash floods
  • Friday, 19 February, 2021
    Swiss Re swings to first annual loss since financial crisis

    Hit to reinsurer from coronavirus pandemic climbs to $3.9bn in 2020

  • Tuesday, 1 December, 2020
    InterviewInsurance
    Insurers underestimated cost of pandemic, says Swiss Re chief

    Pre-Covid models failed to anticipate how much economic pain governments would tolerate to protect lives

  • Friday, 31 July, 2020
    Swiss Re chief says further strict lockdowns would be ‘failure of leadership’

    Reinsurer expects to be hit by about $2.5bn in claims related to pandemic

  • Thursday, 9 July, 2020
    LexInsurance
    Pandemic insurance: what’s in a name? Premium content

    Lopsided risk sharing raises a question for policymakers

  • Sunday, 28 June, 2020
    Cyber Security
    Swiss Re calls for transparency from companies over cyber attack risks

    ‘Resilience’ reports would give vital information to investors, customers and suppliers, says reinsurer

  • Tuesday, 23 June, 2020
    LexBiotech
    Biotech: DIY disaster zone Premium content

    Danger lurks as amateurs dabble in synthetic biology

    Tools for synthetic biology are becoming more readily available to non-professionals less proficient in safety measures
  • Monday, 2 March, 2020
    Insurance
    UBS chief Sergio Ermotti set to become Swiss Re chairman

    Insurance group to appoint banker after 9 years in charge at Switzerland’s largest lender

    Mandatory Credit: Photo by CHRISTIAN BEUTLER/EPA-EFE/Shutterstock (10531749h) Sergio Ermotti, CEO of Swiss bank UBS, speaks during a press conference announcing the bank's 2019 full year and fourth quarter result in Zurich, Switzerland, 21 January 2020. Swiss bank UBS fourth quarter result in Zurich, Switzerland - 21 Jan 2020
  • Thursday, 20 February, 2020
    Swiss Re profits hurt by storms and wildfires

    Reinsurance group falls short of analysts’ forecasts as large payouts in the US hit earnings

    A logo sits on a sign outside Swiss Re AG's headquarters in Zurich, Switzerland, on Tuesday, March 18, 2014. Reinsurers, like Swiss Re, which help primary insurers shoulder risks, are increasing payouts to investors as strong balance sheets and lower-than-average losses from natural disasters result in an excess of capital for coverage. Photographer: Philipp Schmidli/Bloomberg
  • Friday, 6 December, 2019
    Phoenix Group Holdings PLC
    Phoenix Group to buy rival ReAssure from Swiss Re

    Proposed £3.2bn cash-and-shares deal comes months after Swiss insurer pulled UK unit’s IPO

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