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Latest Swiss Re Stories

2012-03-26 09:12:19

Earth-observing satellites can map natural phenomena such as floods and earthquakes, track hurricanes and monitor land subsidence across the globe. This information can be valuable to insurance companies for risk and damage assessment. Information obtained by satellite observations can save money and make the insurance industry more efficient. As the insurance industry confronts new challenges — like dealing with climate change — it is likely that Earth observation will...

2011-03-22 08:00:00

LONDON, March 22, 2011 /PRNewswire/ -- The recent earthquake and tsunami have caused terrible devastation in Japan. In addition to the loss of life and human suffering, this catastrophe has resulted in massive economic damage. Part of the economic losses will be absorbed by the insurance industry. Investors in insurance-linked securities such as catastrophe ("cat") bonds are also likely to be affected. Cat bonds with potential exposure to Japanese earthquake peril have been sponsored by...

2010-09-23 08:16:00

POUGHKEEPSIE, N.Y., Sept. 23 /PRNewswire/ -- IBM (NYSE: IBM) today announced it has shipped the first two generally available IBM zEnterprise 196 mainframe systems to Swiss Re, one of the world's largest reinsurers. The zEnterprise 196, which was announced on July 22 and became generally available on September 10, 2010, has already been selected by a range of financial services companies, retailers and manufacturers around the world, including in the United States, Switzerland, Sweden,...

2010-04-20 07:00:00

SAN FRANCISCO, April 20 /PRNewswire/ -- Clickability, Inc., the leader in on-demand Web Content Management (WCM), today announced that the leading global reinsurer Swiss Re selected Clickability to power its flagship website, Swissre.com. "Clickability enables Swissre.com to play a central role in how we communicate," said Wolfgang Jastrowski, Head of Unite Communications and Collaboration at Swiss Re. "By launching the new SwissRe.com on Clickability, we have realized our vision with a...

2010-02-09 23:01:00

PORTLAND, Ore., Feb. 10 /PRNewswire/ -- News Jive, the Social Business Software leader, announced today that Swiss Re, one of the world's leading reinsurers, has used the Jive Social Business Software (SBS) platform to help client-facing and support professionals throughout the firm respond more quickly and cost-effectively to evolving customer needs through improved global sharing of specialized knowledge and resources. Swiss Re, like other reinsurers, provides highly customized...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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