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Severe Convective Storms Top Insured Natural Disaster Losses in H1: Swiss Re
Aug 9 2023 // Global natural catastrophes cost insurers US$50 billion in the first half, (H1 2022: $48 billion), with most of the losses stemming from severe convective storms, according to Swiss Re. “Severe convective storms –...
Swiss Re H1 Net Income Surges to $1.4B on Lower Natural Catastrophe Losses
Aug 4 2023 // Swiss Re AG said first-half net income rose more than ninefold to $1.4 billion from a year earlier, driven by contained natural catastrophe losses and a rebound in its life and health business to pre-pandemic levels. Net...
People Moves: Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding Lee; MS Amlin Names Ross From Sedgwick as Product Recall Senior U/W
Jul 31 2023 // This edition of International People Moves details appointments at Lockton and MS Amlin. A summary of these new hires follows here. Lockton Taps Swiss Re’s Wright to Lead UK Commercial Wholesale, Succeeding...
Reinsurance Execs From Convex, Swiss Re Set Pacific Record in World’s Toughest Row
Jul 24 2023 // Reinsurance executives from Convex Group Ltd. and Swiss Re completed The World’s Toughest Row, a race from California to Hawaii, breaking a world record as the fastest mixed-gender crew in history to complete the...
Climate Change Leads to ‘Arctic Opening,’ Creating Key Emerging Risk: Swiss Re
Jul 17 2023 // Climate change is the cause of a key emerging risk identified by Swiss Re’s SONAR report, which is leading to the opening of previously frozen waterways in the Arctic and the creation of new shipping and trade...
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