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Last year was the fourth costliest year for nat cat losses, yet the ILS market enticed 12 new sponsors and saw investors pivot from collateralised reinsurance to catastrophe bonds, says Judy Klugman of Swiss Re. 1 April 2022
News
Mo Tooker, the global head of the property/casualty business of Gen Re, has resigned from the company, prompting a reshuffle. 21 January 2015
News
Hannover Re has said it expects to generate a net profit around €1.17 billion in 2016, a small increase on the €1.15 billion) it made in 2015. The company stressed that this will surpass its profit target of at least €950 million for the year. 7 February 2017
Insurance
Broker Alesco Risk Management Services and Africa Re have launched a $3.5 billion reinsurance facility designed to cover all international upstream energy insurance programmes written from Equatorial Guinea. 20 March 2019
Insurance
ACE has appointed Jim Smith as medical malpractice product manager and chief underwriting officer for ACE Overseas General (AOG). 4 December 2014
News
In its 2019 outlook, Munich Re has unveiled a group profit target of around €2.5bn, saying the reinsurer is “on track” to achieve this. 20 March 2019
Insurance
Ryan Specialty Group-owned SafeWaters Underwriting Managers has appointed Kevin Kempf as vice president, head of cargo, US. 15 May 2018
Insurance
Backed by China Re, the world’s eighth largest reinsurer, Chaucer has set its sights upon significant expansion across the Latin American region. 9 September 2019
Insurance
Hyperion Insurance Group received a $400 million investment from Caisse de dépôt et placement du Québec (CDPQ) which in turn acquired a “significant minority stake” in the group. 5 December 2017
Insurance
Re/insurer XL Catlin has appointed Phil Xue as chief executive officer of XL Insurance China. 12 February 2018
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