Swiss re
Hilmar Schaumann, a senior credit derivatives trader for Swiss Re in New York, has quit the firm to join Primus Financial Products, a wholesale provider of credit risk protection.
Swiss Re Financial Services Business Group, a unit of reinsurer Swiss Re, has hired David Godfrey as chief risk officer.
Swiss Re, one of the world’s largest reinsurance groups, yesterday warned investors it expects to report a Sfr200 million ($115 million) loss when earnings are released in April. But the firm’s management...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
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LONDON - Combining risk transfer with risk financing might be one way of resolving regulator doubts about the use of insurance to mitigate operational risk under the proposed Basel II accord.
Insurance companies are failing to move quickly enough to offer operational risk regulatory capital charge protection coverage, according to Philip Martin, director of HSBC’s operational risk consultancy. Speaking at Risk magazine’s OpRisk Europe...
Swiss Re signed up with New York-based risk management software firm Longitude today, to help its development of new weather risk management products.
Oliver, Wyman & Company, the New York-based consultancy, plans to boost its risk management practice by hiring Tom Wilson, former Swiss Re New Markets chief financial officer and chief risk officer.
BASEL - Bank regulators considering allowing op risk insurance a role in the proposed Basel II bank accord will study closely how the insurance industry deals with the massive insurance claims arising from the September 11 attacks in the US. So said international...
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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