Latest Swiss Re Stories
ZURICH, September 6, 2012 /PRNewswire/ -- Flood losses are increasing at an alarming rate, while the insurability of floods provides unique challenges for the industry according to Swiss Re's latest report, Flood - an underestimated risk: Inspect, inform, insure [http://media.swissre.com/documents/Flood.pdf ]. Coinciding with the release of the publication is the release of a flood app for iPads. To view the Multimedia News Release, please click:...
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 become...
WASHINGTON, Oct. 20, 2011 /PRNewswire-USNewswire/ -- USAID and Swiss Re today announced a three-year partnership to help vulnerable communities fight hunger, build resilience to climate change, and reduce the costs of natural disasters in the Americas, Africa and Asia. (Logo: http://photos.prnewswire.com/prnh/20091022/USAIDLOGO) With better access to customized, market-based insurance products, poor farmers and their families will be better able to prepare for and cope with the impacts...
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...
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,...
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...
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 service...
KANSAS CITY, Mo. and NEW YORK, Jan. 4 /PRNewswire/ -- Privately owned, independent reinsurance brokerage Lockton Re has expanded its presence in the US with the appointments of three new executives - Larry Hunter-Blank, Joe Zuk, and Scott D. Polkinghorne at its offices in New York and Kansas City. (Logo: http://www.newscom.com/cgi-bin/prnh/20090415/CG99351LOGO) Lockton Re Managing Director, Stephen Hitchcock said: "I would like to welcome our new colleagues to Lockton's rapidly expanding...
NEW YORK, Sept. 25 /PRNewswire-USNewswire/ -- Swiss Re, Oxfam America, The Rockefeller Foundation and The International Research Institute for Climate and Society at Columbia University (IRI) announced a joint Commitment to Action at the Clinton Global Initiative (CGI) 2009 meeting in New York on 22 - 25 September. Aimed at helping communities most vulnerable to climate variability and change, the collaboration will expand on their joint 2008 commitment focused on using risk reduction and...
