FeaturedInsuranceFloods in Europe to cost insurers nearly $12 bn: Swiss ReIFM CorrespondentOctober 7, 2021 by IFM CorrespondentOctober 7, 2021 Swiss Re alone would lose around $520 mn due to the floods... Read more
FeaturedInsuranceSwiss Re to invest $200 mn in a new parent company called DefinityWebAdminSeptember 3, 2021 by WebAdminSeptember 3, 2021 It will serve as the parent company to Economical Insurance, Family Insurance Solutions, Petline Insurance and Sonnet Insurance... Read more
FeaturedInsuranceNigeria ranks fifth in Africa in terms of premiums: Swiss ReWebAdminAugust 4, 2021August 4, 2021 by WebAdminAugust 4, 2021August 4, 2021 Nigeria comes last in terms of insurance premiums among nine African markets... Read more
FeaturedInsuranceTop insurers form alliance to fast-track transition to net-zero emissionsWebAdminJuly 12, 2021 by WebAdminJuly 12, 2021 The alliance consists of European insurance giants such as Allianz, AXA and Generali... Read more
InsuranceReinsurer Swiss Re enters into a partnership to monitor floodsPritam BordoloiMarch 4, 2021March 4, 2021 by Pritam BordoloiMarch 4, 2021March 4, 2021 This will allow Swiss Re to react faster to floods around the world... Read more
FeaturedInsuranceChina to lead global insurance market: Swiss RePritam BordoloiNovember 12, 2020 by Pritam BordoloiNovember 12, 2020 Premium growth to reach 3.4% and 3.3% in 2021 through 2022... Read more
InsuranceChinese insurance company Waterdrop secures $230 mn fundingPritam BordoloiAugust 24, 2020 by Pritam BordoloiAugust 24, 2020 The investment round was led by Swiss Re and returning investor Tencent... Read more
FeaturedFinanceUBS to start venture capital fund to invest in fintechsPritam BordoloiMay 26, 2020May 26, 2020 by Pritam BordoloiMay 26, 2020May 26, 2020 UBS will invest between $10 mn and $20 mn of its own money... Read more
Business LeadersFeaturedUBS CEO Sergio Ermotti to become Swiss Re chairmanPritam BordoloiMarch 4, 2020 by Pritam BordoloiMarch 4, 2020 Sergio Ermotti is due to step down as chief executive of UBS Group in November... Read more
InsuranceSwiss Re to sell insurance subsidiary to Phoenix for £3.25 bnInternational Finance DeskDecember 9, 2019 by International Finance DeskDecember 9, 2019 The acquisition of ReAssure will enable Phoenix to firm up its European presence as the largest insurance provider... Read more