by AIP Online Bureau | Aug 27, 2024 | International News, Non-Life, Reinsurance
“His deep expertise and dedication to excellence make him a perfect addition to our team as we work to strengthen our operations and provide exceptional value to our clients,” said Franz-Josef Hahn, CEO of Peak Re Zurich: Peak Reinsurance Company, a Hong Kong- based...
by AIP Online Bureau | Aug 15, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance
A fresh analysis by Swiss Re shows issuance of the bonds was well over $12 billion in the first half of 2024, putting it on track to exceed the $15.6 billion issued throughout 2023 Investors can face huge losses if a pre-defined catastrophe hits, but enormous gains if...
by AIP Online Bureau | Aug 7, 2024 | Climate, Environment, Renewable Energy, Disaster & Management, Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management
Balz Grollimund, Head of Catastrophe Perils at Swiss Re, said: “In recent years, severe thunderstorms have emerged as a main driver of a significant increase in insured losses. This is due to growing populations and higher property values in urban areas, along...
by AIP Online Bureau | Jul 31, 2024 | International News, Reinsurance
Anders Malmström from Athora Holdings, a leading European savings and retirement services group will succeed John Dacey as group chief financial officer as of 1 April 2025 Zurich: Swiss Re, the second largest globa reinsurer, announced today that Anders Malmström will...
by AIP Online Bureau | Jul 16, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy
Jérôme Haegeli, Group Chief Economist, Swiss Re Jérôme Haegeli, Swiss Re’s Group Chief Economist says, “The insurance industry has reached a new equilibrium after the challenges of recent years. The global economy has surprised on the upside, which should...