Lohbeck will report to Bernhard Kaufmann, Group Chief Risk Officer. In addition, she will join the Risk Management Executive Team and the P&C Re Executive Committee.
Tag: Swiss Re
Swiss Re Reports USD 4.0 Billion Net Income for First Nine Months of 2025
The company highlighted strong underwriting performance across its Property & Casualty operations and stable investment returns as key contributors.
Flood Adaptation: Swiss Re Study Shows Protective Measures Are Ten Times More Cost-Effective Than Rebuilding
According to a recent Swiss Re Institute study, the economic benefits of flood adaptation measures—such as dykes, dams, and flood gates—can be up to ten times more cost-effective than post-disaster rebuilding efforts.
Swiss Re Shares Rise Following U.S. Liability Reserve Boost
Swiss Re shares rose 6.6% on Thursday morning in European trading after the company increased its U.S. liability reserves by $2.4 billion in the third quarter.
Swiss Re CEO Mumenthaler to Step Down After 25 Years at the Firm
Swiss Re AG Chief Executive Officer Christian Mumenthaler is stepping down after a quarter of a century at the world’s second-largest reinsurer.
Swiss Re Estimates Insured Losses from Severe Thunderstorms at $60B in 2023
Natural catastrophes will once again break several loss records in 2023.
Swiss Re: Insurance Industry Strengthens Resilience in Challenging Environment
According to the sigma “Risk on the rise as headwinds blow stronger” the global insurance industry’s strengthening financial position offers welcome reinforcement against elevated macroeconomic and geopolitical risks.
Trade Credit Insurance: In Gear to Keep Global Economy and Supply Chains Moving
Trade flows are down as the global economy slows. At the same time, geopolitical risks are leading to fragmentation of trading relations. In the near term, Swiss Re expects that rising counterparty risk on account of economic slowdown will support prices, and thereby growth in trade credit insurance (TCI).
The Shadow of Social Inflation Still Looms for U.S. Liability Claims
U.S. liability claims costs have risen by an annual average of 16% over the last five years, well above average rates of economic inflation at around 4%.
Swiss Re Expects Continued Growth Momentum for P&C Reinsurance, Risk-Adequate Returns Required
Ahead of the start of the January 2024 renewal discussions between insurers and reinsurers at the Rendez-Vous de Septembre, Swiss Re shares its view on the current state of the industry and highlights key trends in the market.