Sector Re


Swiss Re’s alternative capital assets managed near $2.5bn: Rüede

Swiss Re wants to become the "leading franchise for Nat Cat risks" and alternative reinsurance capital is set to be a key driver of this ambition at the major global re/insurer, according to Philipp Rüede, Head of the firms Alternative Capital Partners unit. Alternative reinsurance capital assets under management at global read the full article →

Swiss Re: Covid not a big event for sidecar, aims to expand ILS activity

Global reinsurance firm Swiss Re expects that while it seems that some losses from the Covid-19 pandemic could fall to its quota share sidecar investors, the amount won't be significant. Speaking this morning during the companies first-half earnings call, CFO of Swiss Re John Dacey said that the pandemic won't prove read the full article →

Swiss Re’s reinsurance sidecar Sector Re nears $1.1bn in size

Global reinsurance company Swiss Re has significantly increased its use of alternative or third-party investor capital within its collateralised retrocessional reinsurance sidecar vehicle Sector Re Ltd., taking the vehicles total assets to close to $1.1 billion this year. In fact, Swiss Re's sidecar vehicle Sector Re has increased in size by read the full article →

Swiss Re signals growing role for alternative capital & ILS in its business

Global reinsurance firm Swiss Re is targeting further growth and diversification within its portfolio of natural catastrophe risks, with investor-backed alternative sources of capital set to play an increasingly important and supportive role. In announcing its strategy and targets in time for its investors' day today, Swiss Re has revealed an read the full article →

Swiss Re may cede more risk to sidecar Sector Re: CFO Dacey

Global reinsurance firm Swiss Re is watching for potential opportunities in the retrocession market as this segment reacts to repeated losses and issues with trapped collateral, that the reinsurer believes may attract investors to work more closely with it. Swiss Re already cedes a portion of its property catastrophe risks to read the full article →

Swiss Re expects $1.4bn Q3 large loss hit after retrocession

Global reinsurance company Swiss Re has estimated that its third-quarter 2018 large loss burden will amount to roughly $1.4 billion after retrocession, with natural catastrophes driving the majority and typhoon Jebi the most costly event of the quarter. Swiss Re said that it anticipates a $1.1 billion hit due to natural read the full article →