Munich Re
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Sources said they expected FM to keep around $2bn of the maximum line net. -
The facility is backed by a consortium including Arch, Munich Re Specialty and Scor.
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The executive is leaving her role as HDI Global UK and Ireland CEO.
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The group aims for earnings per share growth of more than 8%.
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The carrier said it will leverage its strong position in the ongoing favourable environment.
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Colette Buckley joins Steven Ridgers, who became Axis head of erection all risks in October.
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The argument for buyers to purchase cyber has never been stronger, yet growth is still lagging.
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Plus, the latest people moves and all the top news of the week.
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Carriers posted weaker top-line results but delivered improved combined ratios.
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Insurers must avoid being a “blocker” in development and financing decisions.
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Plus, the latest people moves and all the top news of the week.
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Property growth plans are cooling, but favourable loss trends will increase surplus capacity.
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The shuttering of Munich Re Ventures reflected a focus on the reinsurer’s “core offering”.
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The carrier attributed the results to a significant fall in major-loss expenditure.
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The carrier is consolidating its venture capital activity into asset manager MEAG.
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Munich Re is among the insurers with a stake in the German carrier.
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The reinsurer stressed it “did not shy” from cat business in 2023.
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The carrier has hired José David Jiménez García as managing director for Germany.
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Continental composite carriers aim to smooth volatility with new initiatives.
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Being conservative and stable is the name of the reinsurer’s game.
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Stefan Golling also said Munich Re’s appetite for agg covers was unchanged.
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The insurer has been under review with positive implications since March.
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The mid-year renewals point to mounting pressure on reinsurance pricing.
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The reinsurer chair said the frequency of losses today “will prevent prices from slipping too much.
