Latest Swiss Re Stories

2014-09-15 08:32:40

DENVER, CO, Sept. 15, 2014 /PRNewswire/ - Intermap Technologies (TSX:IMP), (ITMSF:BB), a leading provider of location-based solutions, today announced further details about a previously announced agreement (June 10, 2014) to license the Company's InsitePro(TM) software to an unnamed top 10 global reinsurer for use in a specific Latin American country. Today Intermap disclosed the customer to be Swiss Re, a global leader in reinsurance. In June 2014, Swiss Re signed an agreement to...

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...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.