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Top related persons:
Christian Mumenthaler - 5 Andreas Berger - 1 Jacques de Vaucleroy - 1 De Vaucleroy - 1 Berger - 1 Simon Foessmeier - 1 Foessmeier - 1 Christian - 1
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Zurich Munich Germany Rwanda German Davos Hurricane Florida
Top related orgs:
Swiss - 5 Swiss Re - 3 Economic - 1 Insurance - 1 REUTERS - 1 Rights - 1 IFRS - 1 Thomson - 1

Search resuls for: "Mumenthaler"


8 mentions found


☆ Swiss Re names corporate solutions boss Berger as new CEO
  + stars: | 2024-04-03 | by ( ) www.cnbc.com   time to read: +2 min
The corporate logo of Swiss Re, the world's second-largest reinsurer, on the outside of the company offices April 22, 2003 in Munich, Germany. Reinsurance company Swiss Re said on Wednesday it would appoint its corporate solutions boss Andreas Berger as its group chief executive from July, replacing long-serving CEO Christian Mumenthaler. De Vaucleroy said Berger had a convincing track record, underscored by his leadership during the successful turnaround of the company's commercial business insurance arm, corporate solutions. In a research note, Foessmeier said Berger had built an impressive track record at corporate solutions, adding: "Reinsurance is currently the sweet spot in the sector, for Andreas Berger the key will be execution. Rwanda-born Berger, 57, is a German national who joined Swiss Re in March 2019 as CEO of corporate solutions and a member of the group executive committee, the company said.
Persons: Andreas Berger, Christian Mumenthaler, Jacques de Vaucleroy, De Vaucleroy, Berger, Simon Foessmeier, Foessmeier Organizations: Swiss, Swiss Re Locations: Munich, Germany, Rwanda, German
☆ Insurance giant Swiss Re posts 580% jump in full-year profit, warns consumers about climate costs
  + stars: | 2024-02-16 | by ( Sam Meredith | Www.Linkedin.Com In Samuelmeredith | ) www.cnbc.com   time to read: +1 min
Swiss Re CEO Christian Mumenthaler gestures during a session of the World Economic Forum (WEF) annual meeting in Davos on January 18, 2024. Insurance giant Swiss Re on Friday reported a sharp upswing in full-year profit, benefitting from what it described as an attractive market environment after a "batch of bad years." The Zurich-headquartered company posted full-year net profit of $3.2 billion, in line with expectations according to an LSEG-compiled consensus. Reinsurance refers to insurance for insurance companies. Looking ahead, Mumenthaler warned that the price of the climate crisis would soon be at the door of consumers for the first time.
Persons: Christian, Christian Mumenthaler, CNBC's, Mumenthaler Organizations: Swiss, Economic, Insurance, Swiss Re Locations: Davos, Zurich, Hurricane, Florida
☆ Things are much better now for Swiss Re, CEO says
  + stars: | 2024-02-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThings are much better now for Swiss Re, CEO saysSwiss Re CEO Christian Mumenthaler discusses the company's earnings, how it navigated a string of difficulties in the past few years and its outlook for 2024.
Persons: Christian Mumenthaler Organizations: Swiss Re, Swiss
☆ Net-zero transition going to 'accelerate massively,' Swiss Re CEO says
  + stars: | 2024-01-18 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNet-zero transition going to 'accelerate massively,' Swiss Re CEO saysChristian Mumenthaler, group CEO of Swiss Re, discusses the green transition, macro environment and insurance market.
Persons: Christian Mumenthaler Organizations: Swiss
☆ Swiss Re targets higher 2024 net income of $3.6 bln
  + stars: | 2023-12-01 | by ( ) www.reuters.com   time to read: +1 min
The logo of insurance company Swiss Re is seen in front of its headquarters in Zurich, Switzerland February 12, 2019. REUTERS/Arnd WIegmann/File Photo Acquire Licensing RightsZURICH, Dec 1 (Reuters) - Swiss Re (SRENH.S) expects to increase its net income to more than $3.6 billion for 2024, the company said on Friday, as it announced new financial targets on its investors day. The world's second biggest reinsurer has previously said it expects net income of more than $3 billion for 2023. The changes come as Swiss Re switches its accounting standard from U.S. GAAP to IFRS, a move that will be effective from 2024. "Swiss Re is well positioned to benefit from the more economic view provided by the IFRS accounting standard, which is reflected in the targets published today."
Persons: Arnd, Christian Mumenthaler, John Revill, Rachel More Organizations: Swiss, REUTERS, Rights, IFRS, Thomson Locations: Zurich, Switzerland, Swiss
☆ Swiss Re swings to bigger-than-expected net profit in quarter
  + stars: | 2023-05-04 | by ( ) www.reuters.com   time to read: +1 min
FRANKFURT, May 4 (Reuters) - Reinsurance company Swiss Re (SRENH.S) said on Thursday that it swung to a net profit in the first quarter that was bigger than analysts had expected and was helped by higher prices and improved investment results. The period marks a recovery from a year earlier, which was damped by losses related to the war in Ukraine, jittery markets and the lingering pandemic. Net profit of $643 million in the period compares with a loss of $248 million a year earlier. Analysts had expected a profit of $606 million, according to a consensus forecast. Reporting by Tom Sims, editing by Kirsti KnolleOur Standards: The Thomson Reuters Trust Principles.
☆ Swiss Re's CEO explains why he's optimistic about the outlook for 2023
  + stars: | 2023-02-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSwiss Re's CEO explains why he's optimistic about the outlook for 2023Christian Mumenthaler, CEO of Swiss Re, discusses the company's earnings and the outlook for the year ahead.
☆ Inflation won't fall back to low levels for at least 10 years, Swiss Re CEO says
  + stars: | 2023-01-17 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation won't fall back to low levels for at least 10 years, Swiss Re CEO saysChristian Mumenthaler, CEO of Swiss Re, discusses catastrophe risk and the impact of current inflation and interest rates on the insurance sector.
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