>>7142239

Swiss Re

Swiss Reinsurance Company Ltd,[2] generally known as Swiss Re, is a reinsurance company based in Zurich, Switzerland. It is the world's second-largest reinsurer.[3] It acquired GE Insurance Solutions in 2006.[4] Founded in 1863, Swiss Re operates through offices in more than 25 countries. Swiss Re was ranked 118th in Forbes 2000 Global leading companies 2016.[5] It was also ranked 313th in Fortune Global 500 in 2015.

History[edit]

The Swiss Reinsurance Company of Zurich was founded on 19 December 1863 by the Helvetia General Insurance Company (now known as Helvetia Versicherungen) in St. Gallen, the Schweizerische Kreditanstalt (Credit Suisse) in Zurich and the Basler Handelsbank (predecessor of UBS AG) in Basel.

On 10/11 May 1861, more than 500 houses went up in flames in the town of Glarus. Two thirds of the town sank into rubble and ashes; around 3000 inhabitants were made homeless. Like the fire of Hamburg in 1842, which led to the foundation of the first professional reinsurers in Germany,[7] the great fire of Glarus in 1861 showed that insurance coverage was totally inadequate in Switzerland in the event of such a catastrophe.

The company's articles of association were approved by the government of the Canton of Zurich on 19 December 1863. The foundation capital, which was 15% paid up, amounted to 6 million Swiss francs. The official foundation document bore the signature of the poet Gottfried Keller, who at the time was first secretary of the Canton of Zurich.

https://en.wikipedia.org/wiki/Swiss_Re

Swiss Re Corporate Solutions and Airbus Aerial team to offer flood prevention modeling service

https://corporatesolutions.swissre.com

>>7142533

just imagine the collection of data they must have.

An international insurance programme proposition built ‘from scratch’ delivers speed and accuracy

As businesses continue to expand their global footprint into new and emerging markets, the risks they face grow and change in both scope and complexity, placing greater demands on international insurance programmes to respond with more speed and accuracy.

Building an effective and fully-responsive international insurance programme is complex. A multinational company could have operations in anything from two to over 100 territories around the world. Accurate and up-to-date data on all locations, ranging from multiple risk exposures to local tax and regulatory regimes, will form the core of a reliable and robust international programme. In today’s fast-evolving business environment, regulations change constantly; tax and economies fluctuate; and risks are interconnected with many other threats. Capturing quality data and keeping it up to date represents one of the most significant challenges for risk and insurance managers when structuring an international insurance programme which is fit for purpose.

It is a challenge that cascades down to other areas, most notably, affecting the speed with which insurers can build a programme and resolve and settle claims in a timely fashion.

https://corporatesolutions.swissre.com/insights/knowledge/an-international-insurance-programme-proposition-built-from-scratch-delivers-speed-and-accuracy.html