Swiss Re reports loss of USD 665 million for the first quarter 2011
Swiss Re reports a net loss of USD 665 million for the first quarter of 2011, compared to a profit of USD 158 million in the same period of 2010.…
Swiss Re’s new sigma study on natural catastrophes and man-made disasters
Zurich, 28 March 2011 — According to Swiss Re’s latest sigma study, worldwide economic losses from natural catastrophes and man-made disasters were USD 218 billion in 2010, more than triple…
Major Earthquakes around the world
We are listing here the costliest insured losses due to earthquake in Japan and the whole world.Â
Swiss Re provides estimate of its claims costs from Japan earthquake and tsunami
Swiss Re estimates claims costs of USD 1.2 billion, net of retrocession and before tax. Estimates subject to high degree of uncertainty due to complexity of loss assessment.
Zurich and AIA to Cooperate in the Asian Employee Benefits Market
Zurich Financial Services Group (Zurich) and AIA Group Limited (AIA) today announced that Zurich Employee Benefits Network (ZEBN), a business area of Zurich Global Life, and AIA have agreed to…
Swiss Re reports strong 2010 results with full-year net income of USD 863 million
Swiss Re reports strong results for 2010, reflecting the sustained earnings power of its business and the strength of its client franchise. The company achieved full-year net income of USD…
Munich Re posts profit of over €2.4bn for 2010 and raises dividend to €6.25
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (previous year: €2.56bn), despite substantial major losses.
Munich Re posts profit of over €2.4bn for 2010 and raises dividend to €6.25
On the basis of preliminary estimates, Munich Re achieved a consolidated result of €2.43bn for 2010 (previous year: €2.56bn), despite substantial major losses.
Natural Catastrophes in 2010
Several major catastrophes in 2010 resulted in substantial losses and an exceptionally high number of fatalities. The overall picture last year was dominated by an accumulation of severe earthquakes to…
How to Develop a Risk Management Plan
Developing an effective Risk Management Plan is an important part of any project. Unfortunately, this step is often avoided with the "deal with it