CEO Stefan Lippe promises return to basics won’t stifle firm
Swiss Re’s chief executive Stefan Lippe’s has promised that the reinsurer won’t be boring despite its back-t0-basics policy to deal with its financial crisis, the FT reports
“We’ve stressed ‘back to basics’,” says Lippe. “But that doesn’t mean going back to the stone age. Swiss Re was never boring. We were always an innovator. That won’t change.
“I’m someone who has learnt reinsurance from the basics,” says Lippe. “I’ve been either in marketing or in risk oversight, with my experience divided about equally between the two. It’s a big advantage to know the core business.”
In February the company warned it would lose SFr1bn ($928m, €658m, £569m) in 2008. In the end, it was SFr864m.
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.
