The trade body says the pandemic will continue to be a focal point this year.
The new hire has also spent over 17 years at Aon Benfield specialising in treaty reinsurance placements.
PERILS' final estimate represents an increase of nearly 4.2 percent in insured losses from July last year.
The start-up seeks to insure digital assets through a collaboration between underwriters/brokers and capital markets.
The tool will enable PartnerRe’s life reinsurance clients to automate their risk underwriting.
The reinsurance vehicle has secured an investment from US-based private equity firm Olympus Partners.
The companies have joined forces to develop a 'first-of-its-kind' life insurance policy tailored to loan amortisation schedules.
The insurer is targeting a 'holistic overhaul' of its IT operating model.
The newly-rebranded company expects the deals to further position its business for profitable growth.
The investment firm sees 'significant opportunities' for growth in its insurance business.