Media

News Releases

More news releases

27 Jul 10

Public-private partnership in action

Montgomery, Alabama - Swiss Re today announced a historic agreement with the Alabama State Insurance Fund (“SIF”), to provide a three-year parametric insurance cover for the SIF’s primary catastrophic hurricane exposure. Parametric solutions compensate the buyer based on the physical characteristics of a disaster. The payment can be used for any purpose, including emergency response costs, replacing lost tax revenue and funding of increased insurance costs.

Read full press release

Download

11 Jun 10

London - Swiss Re hosts Investors’ Day in London

Swiss Re's Investors' Day conference today provides insights into the company’s Asset Management function and the Swiss Solvency Test framework. The Group today also gives an update on its estimated claims from the earthquake in Chile.

Read full press release

Download in English

Download in German

06 May 10

Zurich - First quarter 2010 results

Swiss Re reported net income of USD 158 million for the first quarter of 2010. The company continued to deliver strong underlying performance, even though the Property & Casualty result was affected by high natural catastrophe losses in the first quarter. The estimated excess capital position at the AA level increased to more than USD 12 billion.

Read full press release

Download in English

Download in German

Download in Spanish

Download in Portuguese

Download in Chinese

Download in Japanese

Download in Korean

07 Apr 10

Zurich - The 146th Annual General Meeting

At Swiss Re’s Annual General Meeting in Zurich today, the company’s shareholders approved all proposals put forward by the Board of Directors. Walter B. Kielholz and Robert A. Scott were re-elected to the Board. Furthermore, the shareholders elected Malcolm D. Knight, Carlos E. Represas and Jean-Pierre Roth as new non-executive, independent members of the Board.

Read full press release

Download in English

Download in German

29 Mar 10

Zurich - Swiss Re places USD 120 million of natural catastrophe protection

Swiss Re has obtained another USD 120 million protection through the Successor X natural catastrophe bond programme for North Atlantic hurricane, European windstorm, California earthquake, and Japan earthquake.

Read full press release

Download in English

Other media information

More media information

27 Jul 10

Public-private partnership in action

Read full press release

Download

29 Jun 10

Zurich - Sigma World insurance in 2009: slight premium dip but improved capital

According to Swiss Re’s latest “World insurance in 2009” sigma study, world insurance premium volume fell 1.1% on an inflation-adjusted basis. Life premiums fell 2% while non-life stagnated. Premium growth in the emerging markets slowed but remained positive. The industry’s profitability and capital recovered significantly, but have not yet reached pre-crisis levels.

Read full press release

Download in English

Download in German

Download in French

Download in Spanish

Download in Portuguese

Download in Chinese

Download in Japanese

23 Jun 10

New York - Fed rate action commentary from Swiss Re chief US economist

After today’s decision by the Federal Reserve to maintain the target fed funds rate at zero to 25 basis points, Swiss Re’s chief US Economist, Kurt Karl, commented, “Increased market volatility and uncertainty on the economic outlook may cause the Fed to delay raising rates until well into next year. Inflation remains moderate and core inflation is falling, so the Fed can afford to delay the tightening of monetary policy.”

Read full press release

Download in English

23 Jun 10

Munich - Insurance is vital to further grow Russian agriculture

Swiss Re today launched a publication entitled “Sowing the seeds for record harvests: risk reduction a must for Russian agriculture”. The new report gives an overview of the development of Russian agriculture and discusses reasons for the low insurance penetration. It also proposes measures to help develop a more robust agricultural insurance framework.

Read full press release

Download in English

Download in Russian

09 Jun 10

London - Swiss Re survey reveals increased sales of UK term assurance

Swiss Re today reports an increase in the sale of new term assurance, critical illness and whole life insurance in the UK life market. The figures suggest that consumers are beginning to take more responsibility for their financial planning needs. But the ‘Life Assurance Protection Gap’ has widened further, so Swiss Re is continuing its call to action to the UK life industry as current economic conditions place more responsibility on the individual.