New Reinsurance Company Ltd. (NewRe)

New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926

General Information
Company Name
New Reinsurance Company Ltd. (NewRe)
Founded Year
1926
Location (Offices)
Zurich, Switzerland +1
Founders / Decision Makers
Number of Employees
128
Industries
Financial Services, Information Technology
Funding Stage
-
Social Media

New Reinsurance Company Ltd. (NewRe) - Company Profile

New Reinsurance Company Ltd. (NewRe) is a Swiss reinsurer founded in Zurich in 1926. Acquired by Munich Re Group in 1988, it stands out for its exceptional financial strength and ratings, combined with the flexibility and creativity of a medium-sized reinsurer. The company's entrepreneurial approach enables it to swiftly and effectively respond to client needs and market developments. NewRe's commitment to fostering a company culture of mutual trust and esteem, as well as an inclusive working environment, is reflected in its proud attainment of the attestation for equal pay by Willis Towers Watson in line with the Swiss Federal Act on Gender Equality in 2022. Throughout its long history, NewRe has adapted to market changes and client needs. While traditionally focusing on property and casualty reinsurance, it has evolved into a leading underwriter of structured life and non-life reinsurance solutions. It now also offers weather derivatives, parametric trigger covers, and has specialized in variable annuity reinsurance and capital management solutions for the life business. This transition reflects the company's forward-thinking approach and its ability to seize new opportunities in the dynamic reinsurance industry. Operating at the intersection of Financial Services and Information Technology, NewRe's expansion into innovative solutions demonstrates its agility in embracing market trends. For job seekers interested in exploring opportunities at NewRe, the open positions can be viewed at: munichre-jobs.com/en/NewRe.

Taxonomy: Reinsurance, Swiss company, Munich Re Group, Underwriting, Structured reinsurance, Property & Casualty, Life reinsurance, Capital management, Financial strength, Medium-sized reinsurer, Entrepreneurial approach, Equal pay, Weather derivatives, Parametric trigger covers, Data analyst

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