Job Title: Swiss Re life and health
Location: Cape Town, South Africa
Submitted on: 17-Feb-04
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Job Title |
Business Outlook
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| Swiss Re life and health |
Swiss Re is the largest Life and Health reinsurer in the world. They are
active in every insurance market in the world.
Strong balance sheet and expert capital and risk manager.
Good claims phylosophy and sound actuarial pricing startegy.
Had foresight to exit the loss making Medex market.
Our clients are most ceding offices or Life Insurers.
Swiss Re has restructured in South Africa and we now consist of less
than 100 employees. Most of these are technical experts or support staff
who have been with the company for 5-10years. Most enjoy working at the
Swiss and we are often sought out for employment applications due to our
strong global and local brand and reputation.
Strong competition from RGA (Reinsuranc Group of Amerca)who tend
to "buy" market share in target regions by undercutting sound pricing
stratgey and adopting a lossleader approach. Strong facultative
underwriters.
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