Swiss Re AG Stock News

Natural disasters in 2021 caused global losses covered by insurance of 105 billion dollars, the fourth highest figure in the last half century, the Swiss multinational reinsurer Swiss Re said today in a report. Hurricane Ida, which caused flooding in New York and other areas of the U.S., was the natural disaster that caused more insured losses according to the The post Catastrophes Cost Insurers $105B In 2021 appeared first on InsuranceNewsNet .

Pan-Asian life insurer FWD Group Holdings Limited has announced that it has entered into subscription agreements with a number of investors, including reinsurer Swiss Re. Together, the investors agreed to participate in private placements which are to raise US $1.425 billion in aggregate. The private placements will take the form of cash subscription of new […] The post Swiss Re among investors in $1.4bn FWD capital raise appeared first on ReinsuranceNe.ws .

Apollo and Swiss Re amongst investors

MISE & Agrave; DAY Zurich | The costs of natural disasters in 2021 amounted to some 250 billion dollars (221 billion euros), according to a first estimate published Tuesday by the reinsurer Swiss Re, up 24% compared to 2020. & nbsp; The bill for insurers is estimated at 105 billion dollars, up 17% from the […] The post The costs of natural disasters estimated at 250 billion USD in 2021, according to Swiss Re first appeared on The Bobr Times .

Swiss Re (VTX:SREN) has been given a CHF 96 price target by equities researchers at Barclays in a report issued on Monday, Borsen Zeitung reports. A number of other equities research analysts also recently weighed in on SREN. Berenberg Bank set a CHF 99 price target on shares of Swiss Re in a research note […]

Swiss Re announced that it has agreed to sell its life insurance subsidiary Elips Life AG (elipsLife) to Swiss Life International and to enter into a long-term reinsurance partnership for elipsLife''s in-force and new business. Andreas Berger, Chief Executive Officer Swiss Re Corporate Solutions, said: We are very pleased to have found the perfect partner in Swiss Life to take elipsLife into a successful future. The sale will allow Corporate Solutions to focus on continuing the strong Read the full story at https://www.webwire.com/ViewPressRel.asp?aId=282729

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A 1970s scenario would have serious effects for US insurers

The weather derivatives arm of Zurich-based reinsurance company Swiss Re was "whipsawed" this year by demand for protection against cold weather

Swiss Re is tasking an Indian information technology company with the operation of its digital workstations.

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Global reinsurer Swiss Re has broadened its partnership with international IT services, consulting, and business solutions organisation, Tata Consultancy Services (TCS), in an effort to drive greater collaboration and innovation across the business. TCS is part of the Tata group, India’s largest multinational business group, and also a Microsoft Gold Partner, leveraging its own Microsoft […] The post Swiss Re targets enhanced user experience with TCS partnership appeared first on ReinsuranceNe.ws .

TCS will help accelerate the innovation pipeline within Swiss Re, specifically in areas of immersive experiences and artificial intelligence with the support of edge technologies in the market, which will help the latter boost its Hybrid Collaboration strategy

Check out the story - Tata Consultancy Services to help Swiss Re develop digital workspace on Business-News-Today.com posted under Technology Industry News.

Swiss Re is working with Baidu to develop insurance products for the Chinese technology giant''s autonomous driving business.