Swiss Re has announced that it has obtained $950m protection against North Atlantic Hurricane, Europe Windstorm, Californian Earthquake and Japan Earthquake through a natural catastrophe protection programme named Successor.
The programme is the follow-up vehicle to the PIONEER and Arbor programmes.
The main distinguishing factor of the Successor programme is the risk spectrum and triggers available across each of the perils. Investors can choose between different risk layers and trigger options.
Jacques Aigrain, Swiss Re CEO said: “Successor represents the next generation of cat bond programmes for Swiss Re. It provides us with protection against lower-layer earnings volatility events as well as higher-layer capital events.”
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
