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Benoît des Cressonnières, chief executive officer of Euler Hermes Reinsurance, with responsibility for the company’s buying programme, says he is expecting a steady renewal with little change in pricing, despite some pressure from reinsurers for rate increases on the back of the 2017 catastrophe losses suffered by many global reinsurers. 22 October 2018
Insurance
Hannover Re results for the second quarter and first half of 2019 show reinsurer is “well on track” to hit group net income targets of €1.1 billion for the full year, said chief executive Jean-Jacques Henchoz. 8 August 2019
Insurance
Losses from natural catastrophes in the third quarter will likely wipe out global reinsurers' annual earnings and ultimately become a capital event for the sector, S&P Global Ratings said on Oct. 13. 16 October 2017
Insurance
‘Our underwriting results came up short, primarily due to catastrophe losses’. 7 November 2019
Insurance
Insurance broker Marsh has joined the Enterprise Ethereum Alliance (EEA). 14 March 2018
Insurance
PERILS, the Zurich-based company providing industry-wide catastrophe insurance data, has extended its market coverage to include Turkey. 25 November 2015
News
Munich Re reclaimed the No. 1 position from Swiss Re in AM Best’s 2018 annual ranking of the Top 50 Global Reinsurance groups. 5 September 2018
Insurance
Specialty insurer XL Catlin has expanded its marine business through the appointments of Oliver Miloschewsky as regional product leader and Tom Hughes as head of marine. 7 July 2016
Insurance
German insurer Allianz has appointed Iván de la Sota to its board of management as chief business transformation officer. 9 March 2018
Insurance
The total financial cost, including business interruption, of Storm Emma, which affected a large area of Europe during the second half of February, could reach hundreds of millions dollars – though the figure will very likely be higher, with a high volume of filed insurance claims reported. 9 March 2018
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