Swiss Re has closed a multi-year stop-loss transaction with J.P. Morgan and other institutional investors to cover underwriting risks across the entire Swiss Re Group, in an innovative combination of bank financing and insurance-linked securities
Allianz and Swiss Re have placed the world’s first legally-binding catastrophe excess of loss reinsurance contract on distributed ledger technology, enabled by the live production network of DLT solutions provider B3i
Swiss Re has acquired the entire share capital of Champlain Reinsurance Company, a Swiss-based run-off reinsurance captive of Alcan Holdings Switzerland
Swiss Re has expanded its partnership with Tata Consultancy Services to develop a social and open digital workplace that leverages the cloud to drive collaboration and innovation
A.M. Best has affirmed the financial strength rating of “A-” (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Sigurd Rück (Switzerland), revising the outlook of the captive reinsurer from stable to negative
The Geneva Association has appointed Christian Mumenthaler, CEO of Swiss Re, as chairman, succeeding outgoing chairman Charles Brindamour, who will remain on the association’s board
MS Amlin AG has appointed Michael Koller as chief risk officer, effective 20 September
Global property and casualty premiums are expected to more than double to US$4.3 trillion by 2040 (compared to $1.8 trillion in 2020) as the business becomes more complex, Swiss Re has predicted
