Tag: Swiss Re
Hannover Re expects prices to continue to rise
storm Extreme weather events hit Europe again this summer. (Photo: imago images/Kirchner-Media) Frankfurt Geopolitical uncertainties, an increase in natural catastrophes and high inflation rates are also affecting the insurance industry.…
„Wenn jetzt noch ein großer Hurrikan kommt, könnten die Marktteilnehmer nervös werden“
Überschwemmungen auf Kuba nach dem Hurrikan „Idalia“ Der Tropensturm hat Ende August die Karibik und Florida schwer getroffen. (Foto: AP) Zürich, Frankfurt Christian Mumenthaler, Vorstandschef des weltweit zweitgrößten Rückversicherers Swiss Re, erwartet, dass…
Integration der Credit Suisse Schweiz könnte Kundenflucht auslösen
Zürich Das Geschäft der Credit Suisse im Heimatmarkt galt traditionell als stabiler Ertragsbringer – auch dann noch, als Milliardenverluste in anderen Sparten die Bank in Schieflage brachten. Doch die kombinierten…
Großschäden drücken Gewinn von Munich Re
München Die Munich Re hat im ersten Halbjahr einen Milliardengewinn erzielt, blieb jedoch trotzdem unter dem Ergebnis des Vorjahrs. Zwischen Januar und Juni verdiente der weltgrößte Rückversicherer ein Nettoergebnis von…
Markus Braun’s lawyer starts a large-scale initiative
Wirecard process Ex-Wirecard CEO Markus Braun (centre) has been in custody for almost three years. His main defense attorney is Alfred Dierlamm (left), one of the best-known criminal lawyers in…
Swiss Re prevails against ex-Wirecard boss Markus Braun
Markus Brown Ex-Wirecard CEO Markus Braun has been in custody for almost three years. His main defense attorney is Alfred Dierlamm (right), one of the best-known criminal lawyers in this…
How Switzerland wants to become climate neutral
Zurich Christian Mumenthaler does not shy away from making a clear choice recommendation. The head of the world’s second-largest reinsurer, Swiss Re, writes on the LinkedIn careers network that he…
Insurtech Element is again looking for investors
Frankfurt According to financial circles, the digital insurer Element is looking for fresh money from investors. The Berlin Insurtech wants to collect up to 100 million euros in a new…
Insurers are ahead of politics
Frankfurt, Munich Almost two years after the devastating flood disaster in the Ahr valley, the discussion about comprehensive insurance protection for property owners is gaining new impetus. On Friday, the…
Sergio Ermotti replaces Ralph Hamers at the helm of UBS
Former and future UBS CEO UBS Sergio Ermotti Ermotti retired as UBS CEO in 2020 and is currently Chairman of the Board of Directors of reinsurer Swiss Re. (Photo: Bloomberg)…
First insurance from Wirecard managers announces the end of payments
Markus Brown So far, manager liability insurance has had to pay the highest sums for the lawyers of the long-standing Wirecard boss. (Photo: dpa) Cologne A three-liner by the US…
Countries require nationwide compulsory insurance for natural hazards
Flood disaster in the Ahr Valley, July 2021 As early as June 2022, the Prime Ministers’ Conference had spoken out in favor of introducing compulsory insurance for natural hazards. In…
How a former Lego manager turned the Zurich insurance group inside out
Zurich For a long time, the printer case was probably the most unwieldy work tool at Zurich. However, it used to be common for the agents of the largest Swiss…
Female revolution at the top of the Dax – the 16 new board members
The 16 new Dax board members The Dax has never been as feminine as it is now. These women show how to get to the top of German companies. Women…
The split relationship with investors
But the reaction on the capital market was anything but friendly: with a minus of more than five percent, the share was by far the biggest loser in the Dax…
Insurer makes a mini profit in 2022 – and attracts dividends in 2023
Swiss Re in Zurich The reinsurer closes 2022 with a small profit. (Photo: Reuters) Zurich The reinsurer Swiss Re ended the past financial year in the black after all: the…
After the earthquake – election campaign between rubble
Ankara Little Enite was lucky in misfortune. The two-year-old girl from the southern Turkish city of Antakya was trapped in the rubble of a collapsed house in freezing temperatures. She…
Primary insurer Ergo is an important pillar for the group
Munich Re headquarters in Munich Hurricane Ian caused high claims payments for the reinsurer. (Photo: AP) Munich, Frankfurt Despite billions in damage from natural disasters this year, the Dax group…
Dax closes lower on expiration day – Varta and Adidas plunge
Dusseldorf On the German stock market, the small expiration day on the futures market was the focus on Friday. The settlement price of just under 12,600 points at 1 p.m.…
Reinsurers are feeling the effects of the multi-crisis
Munich, Frankfurt When the big reinsurers gather for the traditional meeting with their customers in Baden-Baden starting at the weekend, everything may seem the same at first glance. Just like…