Swiss Re wins Asian Reinsurer of the Year 2003
07 Oct 2003
Swiss Re has won the Asian Reinsurer of the Year award for 2003. This is the company’s third win in the Award’s seven year history.
The award, which is organized annually by Asia Insurance Review and The Review Worldwide, was presented here last night to Mr Pierre Ozendo, member of the Swiss Re Executive Board and CEO of its Asia Division.
The award judges cited Swiss Re’s "solid commitment to exceptional risk and capital management solutions" in Asia, and the company’s efforts to better understand clients and match their needs.
Judges highlighted the company’s other contributions in Asia in 2003, which included actuarial seminars (held before the SARS crisis) to alert life insurers to mortality shocks from infectious diseases; the completion of the largest ever catastrophe bond to date (for Zenkyoren of Japan); launch of a new probability assessment of Tokyo earthquake, involving a joint US-Japan scientific team; and the transfer to Asia of some of the company’s top catastrophe experts.
For more information please contact:
Group Media Relations, Zurich + 41 43 285 7171
Corporate Communications, Asia +852 2582 3660
