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What challenge did John R. Coomber face as chief executive officer of Swiss Re?
IntnlDirofBizBios
The insurance industry was hit hard by heavy losses after September 11, 2001, by the ensuing decrease in investment earnings, and by a general decline in profits.
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Who is John R. Coomber?
Chief executive officer, Swiss Re
What does John R. Coomber do for a living?
Chief executive officer, Swiss Re
What is a good source of periodical information on John R. Coomber?
"Coomber's Challenge: People," Financial Times, November 12, 2002. Gribben, Roland, "'Hard Man' Scales Swiss Re Summit," Daily Telegraph, November 12, 2002.
What company does John R. Coomber run?
Swiss Re
What distinction does John R. Coomber hold?
John R. Coomber was named the first non-Swiss CEO of Swiss Re effective January 1, 2003. Coomber was regarded as a "hard man of business . a safe pair of hands," a cost-cutter, and a risk-taker by Roland Gribben in the Daily Telegraph
What was John R. Coomber's first job at Swiss Re?
1973-1974, actuarial trainee
What is John R. Coomber's office address?
Swiss Re, Mythenquai 50/60, Zurich, Switzerland
What position was given to John R. Coomber in 1993?
In January 1993 Coomber was named managing director and CEO of Swiss Re UK and was given responsibility for the firm's property casualty businesses.
When was Swiss Challenge League created?
Swiss Challenge League was created in 1897.
What did John R. Coomber blame Swiss Re's 2003 losses on?
Coomber blamed the year's losses on depression in the capital markets. However, the renewal rate of insurance policies increased 10 percent for January 2003.
What was the standing of Swiss Re when John R. Coomber was appointed CEO?
Swiss Re was the second largest reinsurance group in the world. It consisted of three business groups: property and casualty insurance, life and health insurance, and financial services.
How did Swiss Re do while John R. Coomber was managing director at Swiss Re's UK operations?
revenues and earnings increased more than 30 percent per year, and the overall percentage of the company's earnings from life and health insurance increased to 42 percent from 18 percent.
