NOT FOR REPRINT
Page Printed from: propertycasualty360.com/author/profile/patrick-winters/
For now, the insurers' losses are on paper only. It will be months, if not years, before payouts are made.
Man-made losses, including from the collapse of a bridge in Genoa, Italy, that killed 43 people, added $300 million.
The collapsed talks mark the end of nearly four months of deliberations about how SoftBank would invest in Swiss Re.
The collapsed talks mark the end of nearly four months of deliberations about how SoftBank would invest in Swiss Re.
A deal would see Japan's third richest-man follow other business titans such as Warren Buffett in seeking to profit from the cash flows provided by reinsurance.
Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp.
Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp.
Zurich Insurance Group AG overcame a record year for natural-disaster claims in the industry to deliver its first dividend increase since 2011. The shares rose the most since August 2016.
{ "author": { "name": "Patrick Winters", "webUrl": "/author/profile/patrick-winters/", "description": "", "imageLarge": "https://secure.gravatar.com/avatar/f16d6fc2845f417ea0e93a3f2b6cd37d?s=136&d=mm&r=g", "estimate": 8, "social": [], "articles": [ { "uri": "/2019/05/16/boeing-crashes-leave-450-million-bill-for-european-insurers/", "title": "Boeing crashes leave $450 million bill for European insurers", "byline": "Will Hadfield and Patrick Winters", "kicker": "Market Insights", "prettyDate": "May 16, 2019", "timeToRead": "5 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2019/05/Boeing-MAX-737-1.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/will-hadfield/", "name": "Will Hadfield" }, { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" } ], "kickerNode": [ { "uri": "/market-insights/", "sectionName": "Market Insights" } ], "summary": "For now, the insurers' losses are on paper only. It will be months, if not years, before payouts are made.", "body": null }, { "uri": "/2018/10/18/italian-bridge-tragedy-adds-to-large-claims-at-swiss-re/", "title": "Italian bridge tragedy adds to 'large' claims at Swiss Re", "byline": "Ross Larsen and Patrick Winters", "kicker": "News", "prettyDate": "October 18, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/10/genoa-italy-bridge-collapse-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/ross-larsen/", "name": "Ross Larsen" }, { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Man-made losses, including from the collapse of a bridge in Genoa, Italy, that killed 43 people, added $300 million.", "body": null }, { "uri": "/2018/05/29/swiss-re-open-to-anchor-investor-as-softbank-talks/", "title": "Swiss Re 'open' to anchor investor as SoftBank talks fail", "byline": " Patrick Winters and Ross Larsen ", "kicker": "News", "prettyDate": "May 29, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/05/swiss-re-building-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" }, { "webUrl": "/author/profile/ross-larsen/", "name": "Ross Larsen" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The collapsed talks mark the end of nearly four months of deliberations about how SoftBank would invest in Swiss Re.", "body": null }, { "uri": "/2018/05/29/swiss-re-open-to-anchor-investor-as-softbank-talks-fail/", "title": "Swiss Re 'open' to anchor investor as SoftBank talks fail", "byline": "Patrick Winters and Ross Larsen", "kicker": "News", "prettyDate": "May 29, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/05/swiss-re-building-bloomberg.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" }, { "webUrl": "/author/profile/ross-larsen/", "name": "Ross Larsen" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "The collapsed talks mark the end of nearly four months of deliberations about how SoftBank would invest in Swiss Re.", "body": null }, { "uri": "/2018/04/04/swiss-re-says-softbank-stake-in-firm-unlikely-to-e/", "title": "Swiss Re says SoftBank stake in firm unlikely to exceed 10%", "byline": " Jan-Henrik Förster and Patrick Winters ", "kicker": "News", "prettyDate": "April 04, 2018", "timeToRead": "3 minute", "image": { "uri": "https://images.propertycasualty360.com/contrib/content/uploads/sites/414/2018/04/SwissRe-sign-bloomberg-254450888_1-8.jpg", "width": "616", "height": "372" }, "authors": [ { "webUrl": "/author/profile/jan-henrik-frster/", "name": "Jan-Henrik Förster" }, { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "A deal would see Japan's third richest-man follow other business titans such as Warren Buffett in seeking to profit from the cash flows provided by reinsurance.", "body": null }, { "uri": "/2018/02/23/swiss-re-says-adding-anchor-shareholder-would-be-a/", "title": "Swiss Re says adding anchor shareholder would be 'attractive'", "byline": " Patrick Winters ", "kicker": "News", "prettyDate": "February 23, 2018", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp.", "body": null }, { "uri": "/2018/02/23/swiss-re-says-adding-anchor-shareholder-would-be-attractive-2/", "title": "Swiss Re says adding anchor shareholder would be 'attractive'", "byline": "Patrick Winters", "kicker": "News", "prettyDate": "February 23, 2018", "timeToRead": "4 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/patrick-winters/", "name": "Patrick Winters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Swiss Re AG's chief said the reinsurer would welcome an anchor investor after being approached by billionaire Masayoshi Son's SoftBank Group Corp.", "body": null }, { "uri": "/2018/02/08/zurich-delivers-on-dividend-pledge-as-insurer-slas/", "title": "Zurich delivers on dividend pledge as insurer slashes costs", "byline": "Jan-Henrik Förster, Patrick Winters", "kicker": "News", "prettyDate": "February 08, 2018", "timeToRead": "3 minute", "image": { "uri": "", "width": "", "height": "" }, "authors": [ { "webUrl": "/author/profile/jan-henrik-frster-patrick-winters/", "name": "Jan-Henrik Förster, Patrick Winters" } ], "kickerNode": [ { "uri": "/news/", "sectionName": "News" } ], "summary": "Zurich Insurance Group AG overcame a record year for natural-disaster claims in the industry to deliver its first dividend increase since 2011. The shares rose the most since August 2016.", "body": null } ] } }
From gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download ResourceFrom OneShield
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Download ResourceFrom Origami Risk
Explore common pitfalls in core insurance transformations and how to avoid them. Discover comprehensive strategies and best practices to successfully plan and execute a cloud implementation in this comprehensive white paper.
Download ResourceFrom gryphon.ai
This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.
Download ResourceFrom Origami Risk
Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.
Download ResourceFrom Melissa
As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.
Download ResourceFrom gryphon.ai
Empower your organization to excel in marketing outreach without compromising compliance. This guide offers a roadmap to implement a best-in-class contact compliance strategy so that your organization can continue successful marketing campaigns, ethically and legally.
Download ResourceFrom gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download ResourceFrom OneShield
Commercial insurers have faced many challenges in 2023 due to a record number of billion-dollar weather events, inflation and a tightening reinsurance market. The increasing focus on individual risk levels in the reinsurance market requires insurers to embrace new technology, data, and tools to improve loss ratios and customer satisfaction. This eBook explores solutions to navigate these challenges and enhance risk management capabilities.
Download ResourceFrom Origami Risk
Explore common pitfalls in core insurance transformations and how to avoid them. Discover comprehensive strategies and best practices to successfully plan and execute a cloud implementation in this comprehensive white paper.
Download ResourceFrom gryphon.ai
This guide empowers insurance carriers and risk managers to navigate complex regulations, safeguarding their brands from costly SMS and text messaging penalties.
Download ResourceFrom Origami Risk
Navigating the complexities of P&C core insurance digitization is no easy task. Explore the critical decisions between building or buying and how to achieve operational excellence in this white paper.
Download ResourceFrom Melissa
As more customers “unbundle” their insurance products and spread their business among many carriers, agents must look for creative strategies to retain and grow business. Download this white paper to learn top strategies to ensure success in 2024.
Download ResourceFrom gryphon.ai
Empower your organization to excel in marketing outreach without compromising compliance. This guide offers a roadmap to implement a best-in-class contact compliance strategy so that your organization can continue successful marketing campaigns, ethically and legally.
Download ResourceFrom gryphon.ai
Is your organization protected against costly Do Not Call (DNC) and Telephone Consumer Protection Act (TCPA) violations and fines? This comprehensive checklist explores key compliance areas, offering insights to mitigate risks and protect your brand reputation in 2024.
Download Resource