swissre
Swiss reinsurance company Swiss Re Ltd announced on Wednesday that it has appointed Andreas Berger as group chief executive officer, starting from July 1. He succeeds Christian Mumenthaler, who will step down from the role after eight years as Group chief executive and 25 years with Swiss Re. Berger, who is currently chief executive of corporate solutions, will step down from that role at the same time. Swiss Re has initiated the selection process for Berger's successor. Mumenthaler joined Swiss Re in 1999. During Mumenthaler's eight-year tenure as chief executive, Swiss Re's premiums earned a...
DPA Breaking News
Der Klimawandel hinterlässt Spuren in der Bilanz der Versicherungen. «Insbesondere das Hagelrisiko nimmt zu, vor allem in Deutschland, Italien und Frankreich», berichtete der Schweizer Rückversicherer Swiss Re in Zürich. Die Zahl der Extremwetterereignisse sei 2023 auf Rekordniveau gestiegen. Das Unternehmen registrierte 142 Naturkatastrophen, nach 114 im Jahr davor. Die versicherten Schäden lagen jedoch deutlich tiefer als 2022: Sie beliefen sich 2023 auf 108 Milliarden Dollar (rund 100 Mrd Euro), nach inflationsbereinigten 133 Milliarden Dollar im Jahr davor. 2022 hatte besonders Hurrikan Ia...
DPA (German)
Switzerland's reinsurer Swiss Re reported Friday significantly higher profit in its fiscal 2023, supported by improved underwriting margins and an increase in investment income with higher interest rates. Net premiums earned and fee income were higher than last year. Further, the company lifted its dividend, and confirmed forecast for higher earnings in fiscal 2024. In Switzerland, Swiss Re shares were losing around 2.4% to trade at 101.15 Swiss francs. Swiss Re's Group Chief Executive Officer Christian Mumenthaler said, "We achieved all our financial targets in a year that was characterised b...
DPA Breaking News
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