Switzerland

Swiss Re Reinsurance and Iowa-based insurtech Benekiva have formed a partnership to develop an integrated claims management platform

Global insurance company Zurich has exited the Net-Zero Insurance Alliance, one week on from Munich Re’s departure

Property and casualty (re)insurance firm Sompo International has been granted a Swiss insurance branch licence from the Swiss Financial Market Supervisory Authority

Zurich Insurance has appointed Emma Sansom as global head of captives. Sansom has been with the company for 20 years and succeeds Paul Wöhrmann in the role

AM Best has affirmed the financial (FSR) of B++ (Good) and the long-term issuer credit rating (long-term ICR) of “bbb+” (Good) of Kot Insurance Company AG (Kot) (Switzerland)

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