Stefan Lippe, is appointed as CEO of Swiss Re.
In autumn, Diener&Diener Architekten win the commission to replace Swiss Re's "Neubau" site at its headquarter in Zurich.
Swiss Re acquires Retakaful licence in October, and sets up Retakaful operation in Kuala Lumpur.
After losses in the global finance crisis Swiss Re increases its focus on core reinsurance business.
In December, Swiss Re representatives are participating at the COP 15 negotiations in Copenhagen, representing the Swiss Insurance Association as part of the official Swiss delegation. Swiss Re advocates fast transition from Copenhagen discussions to immediate implementation of climate adaptation measures, in order to reduce losses caused by climate risks.
In February, Swiss Re registers as admitted reinsurer under new regulatory environment in Brazil. Existing operations in Sao Paulo become representative office.
Swiss Re completes the acquisition of Barclays Life Assurance Company Ltd (Barclays Life).
The Atlantic hurricane 'Ike' was the third costliest of all time, behind Hurricane Andrew of 1992 and Hurricane Katrina of 2005.
In June, Swiss Re sponsors the first Mediterranean earthquake risk bond worth USD 100 million, for the protection against earthquake risk in Turkey, Greece, Israel, Portugal and Cyprus. This is the first time that earthquake risk in these countries has been securitized in the capital markets.
By signing the United Nations' Principles for Responsible Investment (UN PRI) on 4 July 2007, Swiss Re expands its commitment to sustainability considerations in investment decision making, as already stated in its Group Code of Conduct.
In September 2006, Swiss Re announces it will be offering reinsurance cover for private health insurance companies, starting in China and India.
In October, Swiss Re announces its intention to acquire UK GE's Life business.
Jacques Aigrain, CEO of Swiss Re from 2006-2009.
In June 2005, Swiss Re aligns its management structure to its strategic objectives, replacing its business group organisational structure with three business functions: Products, Client Markets and Financial Services. Central resources are managed by Corporate Functions.
In November, Swiss Re announces it has agreed to acquire GE Insurance Solutions, the fifth largest reinsurer worldwide, from General Electric Company (GE).
From 28 to 30 August, Hurricane Katrina destroys large sections of the coastline in Louisiana, Mississippi and Alabama. New Orleans is hard hit as dams burst and 80% of the city is flooded.
Hurricane 'Wilma' with it's the most destructive effects in the Yucatan Peninsula of Mexico, Cuba, and the U.S. state of Florida, is ranking among the top 5 costliest hurricanes ever recorded in the Atlantic and the fourth costliest storm in U.S. history.
In April, 'The Great Warming', a global TV project, is first broadcasted in Canada. The climate change documentary sponsored by Swiss Re, will later be aired in other countries to raise awareness on sustainability, especially in America and Asia.
Swiss Re's Admin Re completes the acquisition of CNA's life insurance business.
On 19 May, Swiss Re celebrates the official opening of Japan Branch in Tokyo.
For its EUR 672 million Mandatory Convertible Security issued in July 2004, Swiss Re receives the 'ifr Structured Equity award' (Donator: International Financing Review). This award, in the category 'European Structured Equity Issue', is the most prestigious of its kind and is said to be the European financial services industry's oscar. Additionally, this deal is awarded as 'equity-linked deal of the year' by both 'The Treasurer magazine' and 'Financial News'.
The 2004 hurricane season (Charley, Frances, Ivan, Jeanne) caused greater losses in the United States and the Caribbean than any other storm season in history. For the first time since 1886, four hurricanes made landfall in a single US state (Florida). Also Japan was hit by an unequalled number of 10 typhoons (e.g. Songda). The hurricanes led to insured losses totalling USD 20 - 25 billion, while the insured typhoon losses are estimated at USD 6 billion.
The Swiss Re Taiwan Branch is officially opened in Taipei on 29 September 2004, by CEO John R. Coomber and Ms Susan Chang, Vice Chairperson of Financial Supervisory Commission.
After an Earthquake in the Indian Ocean (near Sumatra), Tsunamis up to 10 metres high cause widespread flooding and devastation at the coast line of Bangladesh, India, Indonesia, Kenya, Malaysia, Maldive Islands, Mauritius, Myanmar (Burma), Tanzania, Thailand, Reunion, Seychelles, Somalia, Sri Lanka and Sumatra. More than 200'000 people lose their lives in this natural catastrophe.
Opening of Swiss Re London's headquarters 30 St Mary Axe on 25 May constructed by the architects Ken Shuttleworth und Sir Norman Foster.
John R. Coomber, CEO of Swiss Re from 2003-2005.
Swiss Re sells its remaining shareholding in PartnerRe (about 16% of PartnerRe's shares).
The British Columbia fires on 2 August 2003 represent the largest fire loss in Canadian insurance history; the fires can not be kept under control until 14 September 2003.
In August, Swiss Re completes Gerling NCM transaction. Gerling NCM is established as an independent company, and the new shareholders agree on Atradius as Gerling NCM's new name.
On 18 September 2003, a full national reinsurance branch licence for China is granted to Swiss Re by the China Insurance Regulatory Commission. CEO John R. Coomber officially opened the company's China branch on 19 December.
For the third time in the seven years since the ceremony was launched, Swiss Re wins the Asian 'Reinsurance Company of the Year' award.
Swiss Re initiates a ten-year program combining internal emissions reduction measures with an investment in the World Bank Community Development Carbon Fund. With this initiative, Swiss Re will be the largest global financial services company to set itself the goal to become greenhouse neutral.
Swiss Re successfully sponsors its first ever insurance-linked security relating to Life insurance risk and obtains USD 400 million of coverage from institutional investors.
On 19 December 2003, Swiss Re celebrates its 140th anniversary.
Swiss Re's interactive information service CatNet is presented with the 'Special Achievement in GIS' award. The award particularly recognizes the innovative structure of the Hazard Atlas.
At the beginning of 2001, Swiss Re establishes three business groups: Life&Health, Property&Casualty, Financial Services. Central resources are managed by the Corporate Centre.
The Munich subsidiary, Bayerische Rueckversicherung AG, is integrated into its parent company, Swiss Re, following the restructuring. The company becomes Swiss Re Germany.
Management of Europe Division is transferred to Munich; the German, Austrian, Scandinavian and East European markets will be managed from there in the future. Likewise, the company's strategic regional market focus leads to the Latin American and Asian markets being managed from Armonk, Mexico City and Hong Kong respectively.
The terrorist attack on 11 September, causes the biggest economic loss in 2001. The insured property and business interruption losses alone caused by the terrorist attack of 11 September are put at USD 19 billion.
Swiss Re completes the acquisition of the reinsurer Lincoln Re, headquartered in Fort Wayne, Indiana, US, for USD 2 billion.
Rueschlikon, Swiss Re's Centre for Global Dialogue, opens in November 2000. It serves as a centre for discussing research and risk strategies with partners from the fields of science and research. The building is situated on the site of the former Villa Bodmer, which was acquired by Swiss Re in 1994 and carefully integrated into the new building.
The acquisition of Unterwriters Re Group in Calabasas, California, in the second quarter of 2000 secures Swiss Re's leading position in the US Non-Life sector. The broker has continued to operate under the name Swiss Re Underwriters Agency Inc. since the beginning of 2001.