News

18 Jan 10

Swiss Re transfers risk from closed block of US individual life reinsurance business to Berkshire Hathaway in order to redeploy capital at more attractive returns

Swiss Re announced today the closing of a US individual life retrocession transaction with Berkshire Hathaway. The transaction builds on Swiss Re’s tradition of portfolio steering and reinsurance risk transformation and will improve its capital efficiency.

14 Jan 10

World Economic Forum Global Risks report warns of long shadow of the Financial Crisis

The World Economic Forum today released Global Risks 2010, its annual report on the most significant and underlying global risks facing the global economy this year and beyond.

05 Jan 10

Swiss Re obtains USD 150 million of natural catastrophe protection through the issuance of catastrophe bonds by Redwood Capital XI Ltd.

Zurich, 5 January 2010 – Swiss Re has obtained USD 150 million protection for California earthquake risk through the Redwood Capital XI Ltd. catastrophe bond programme.