MRO Magazine

A.M. BestTV: Re Plane! Swiss Re Backs a Round-The-World Solar Powered Flight


September 28, 2015
By Business Wire News

OLDWICK, N.J.

This episode of A.M.BestTV examines global reinsurer Swiss Re Corporate Solutions Ltd.’s (Swiss Re) insuring and sponsoring of Solar Impulse II, a sun-powered airplane, as it circles the globe. Click on http://www.ambest.com/v.asp?v=solarplane915 to view the entire program.

The reinsurer says the experimental project highlights issues of risk, innovation and sustainability.

“Solar Impulse 2 is a very exciting project. It is trying to make history by being the first plane to circle the world powered only by the sun,” said Rudi Flunger, head of regions & specialty, Swiss Re. “Swiss Re is the sole insurer of the plane, pilot and third party. The plane is valued at CHF$12.5 million.”

The airplane has a wing span of a 747, but is as light as a family car, with the power of a small motorcycle. The airplane successfully flew from Japan to Hawaii in five days and will resume its around-the-world trip in spring 2016.

Recent episodes of A.M.BestTV include:

  • Drone Era Brings New Rules, Risks and Claims: At this recent webinar insurance and legal experts explored regulatory concerns and risk exposures raised by the rapid adoption of drones for professional and recreational usage: http://www.ambest.com/v.asp?v=drones915.
  • The Return of the Mega Deal During First Half of 2015: A new Best’s Special Report on the surge in insurance and reinsurance mergers and acquisitions (M&A). A.M. Best Senior Industry Research Analyst Erik Miller reviews the strategies driving the increase in M&A activity, which includes capturing underwriting talent, diversifying and building scale: http://www.ambest.com/v.asp?v=manda915.
  • Reinsurers and Capital Markets: A Greater Transformer: Highlights of a recent webinar where A.M. Best Vice President Robert DeRose, Managing Senior Financial Analyst Greg Reisner and Senior Financial Analyst Scott Mangan discussed how the widening access to alternative capital is opening up new opportunities for reinsurers, especially larger reinsurers with broader access: http://www.ambest.com/v.asp?v=globalrepanel915.

A.M.BestTV covers exclusive A.M. Bestinformation and reports, targeted topics and key developments in the (re)insurance industry every Monday, Wednesday and Friday. Sign up for alerts of episodes at http://www.ambest.com/multimedia/ambtvsignup.html. View A.M.BestTV episodes at http://www.ambest.tv.

A.M. Best Company is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2015 by A.M. Best Company, Inc.ALL RIGHTS RESERVED.

A.M. Best
Lee McDonald, 908-439-2200, ext. 5561
Group Vice President, Publication and News Services
lee.mcdonald@ambest.com