Swiss Re predicts renewal price gains last month will be followed by further increases due to large-scale natural catastrophes in the second half of last year. “While the January renewals were dominated by non-loss-affected regions, we improved the price quality by 1%,” CFO John Dacey said in an earnings briefing last week. “We expect further… Continue reading Swiss Re Expects Recent Disasters to Drive Rate Gains
Tag: Swiss Re
Large Claims Bill Dents Swiss Re’s 2018 Net Income
Global reinsurance giant Swiss Re has reported Group net income of $421 million for the full-year 2018, as estimated large claims of $3 billion significantly impacted the performance of both its property and casualty reinsurance (P&C Re) and Corporate Solutions’ units. As well as the hit from catastrophe events in 2018, which, according to the… Continue reading Large Claims Bill Dents Swiss Re’s 2018 Net Income
Andreas Berger to Succeed Galvagni as CEO Corporate Solution, Swiss Re
Swiss Re today announces that Andreas Berger, currently Chief Regions & Markets Officer and Member of the Board of Management of Allianz Global Corporate & Specialty SE, is appointed CEO Corporate Solutions and member of the Group Executive Committee with effect from 1 April 2019. He succeeds Agostino Galvagni, who has decided to step down… Continue reading Andreas Berger to Succeed Galvagni as CEO Corporate Solution, Swiss Re
Russell Higginbotham to Become New Swiss Re CEO Reinsurance EMEA and Regional President EMEA
Swiss Re today announces that Russell Higginbotham is appointed CEO Reinsurance EMEA and Regional President EMEA and member of the Group Executive Committee, effective 1 September 2018. Russell Higginbotham succeeds Jean-Jacques Henchoz, who has decided to pursue an opportunity outside Swiss Re. Russell Higginbotham has worked for Swiss Re for 24 years in roles across… Continue reading Russell Higginbotham to Become New Swiss Re CEO Reinsurance EMEA and Regional President EMEA