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By Staff Writer |
January 19, 2012
Swiss Re today announces that Michel M. Liès, currently chairman global partnerships, has been appointed by the board of directors as the company’s new group chief executive officer as of Feb. 1.
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By Katharina Bart, Reuters |
December 12, 2011
Swiss Re said Chief Executive Stefan Lippe will take early retirement after roughly three years at the helm in a surprise move which analysts said added a new element of uncertainty to a company Lippe had helped stabilize.
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By Phil Gusman, PropertyCasualty360.com |
November 3, 2011
Global reinsurer Swiss Re says 2011 third quarter net income was $1.3 billion, up 118 percent from $618 million in the 2010 third quarter as the company saw positive contribution from all segments.
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By Phil Gusman, PropertyCasualty360.com |
August 5, 2011
The market is beginning to turn, Swiss Re executives say, as the global reinsurer reports that its 2011 second-quarter net income rose to $960 million, compared to $812 million in the 2010 second quarter.
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By Staff Writer |
June 22, 2011
Swiss Re says it has named Christian Mumenthaler chief executive officer of its reinsurance subsidiary, Swiss Reinsurance Company Ltd.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 14, 2011
The private insurance market is likely not heavily exposed to damage at nuclear reactors in Japan resulting from the 9.0 magnitude earthquake and subsequent tsunami.
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By Staff Writer |
March 2, 2011
Swiss Re said it expects its insured losses from the Feb. 21 earthquake in New Zealand to be approximately $800 million.
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By Mark E. Ruquet, PropertyCasualty360.com |
February 17, 2011
Two years after reporting a dismal $663 million net loss, Swiss Re appears to have rebounded, paying off a $2.6 billion loan instrument and still recording a 74 percent increase in net income for 2010.
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By Staff Writer |
November 8, 2010
With its third-quarter net income result doubling over last year, and its capital position improving, Swiss Re said it has reached agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.
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By Susanne Sclafane, PropertyCasualty360.com |
November 4, 2010
With its third-quarter net income result doubling over last year, and its capital position improving, Swiss Re said it has reached agreement to repay Berkshire Hathaway, which injected $2.6 billion into the Zurich-based reinsurer last year.
