08 Sep 08
The (re)insurance industry is facing a more challenging business environment characterised by continued soft (re)insurance markets, stock market turbulence and an active hurricane season. Elevated inflation in many countries poses an additional risk to the insurance industry’s capital base and aggravates the problem of underinsurance. The industry has to take inflation into account when considering the amount of cover and its pricing. Ahead of the upcoming January 2009 renewals, Swiss Re will continue to focus on disciplined underwriting.
25 Aug 08
Swiss Re is planning a new office building at its Zurich headquarters at Mythenquai 50 to replace the current premises, which dates back to the 1960s. Recently, 12 teams of architects from Switzerland and abroad were invited to submit proposals for the development. The technical section of the jury, chaired by well-known Viennese architect Adolf Krischanitz, comprises four prestigious figures from the world of architecture, and representative of the City of Zurich. Also on the high-profile panel are members of Swiss Re’s Board of Directors and Executive Board, as well as construction experts. The winning project will be announced in the spring of 2009
According to Swiss Re, new forms of private-public partnerships are required to anticipate and respond to the risks related to climate change. Today, at the International Disaster and Risk Conference (IDRC) in Davos, Peter Forstmoser, Swiss Re’s Chairman of the Board of Directors, presented the benefits of a risk management approach to climate adaptation.
Back to Top
