Swiss Re wins Reinsurer of the Year, ILS Transaction of the Year at Worldwide Reinsurance Awards
Worldwide Reinsurance Awards 2013 names Swiss Re top reinsurer and winner for top ILS transaction. Also honors former CEO Stefan Lippe with Lifetime Achievement Award.
Swiss Re garnered the Reinsurer of the Year Award, while the Mythen Re Ltd. Series 2012-2 Class A transaction prompted judges from across the insurance industry to deem it the ILS Transaction of the Year at the Worldwide Reinsurance Awards 2013 in London.
"To receive this award is an honour. What makes it even more special is that we receive it during our 150th anniversary," said Thierry Léger, Head of Life & Health Products.
"We would like to thank all our clients, colleagues and other stakeholders who made this possible."
The Awards, sponsored by Insurance Day, were handed out 4 September. The publication provides analysis, market data and news about the re/insurance industry. This year marked the 20th anniversary of the Awards.
“Swiss Re is an icon of the reinsurance world and our esteemed panel of judges were delighted to award it the honour of being this year’s Worldwide Reinsurance Company of the Year, reflecting not just outstanding financial performance but the resilience that marks it out as a true great,” said Richard Banks, editor of Insurance Day.
Former Swiss Re CEO Stefan Lippe was also honoured during the event with the 2013 Lifetime Achievement Award.
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