Munich Re, Swiss Re, Hannover Re and SCOR have raised their earnings targets after strong performance and €11bn of combined earnings in 2024, according to a paper from rating agency Moody’s.
Veteran exec to succeed Sarah Murrow, who moves to lead Americas region.
James Barrett promoted to lead two lines at the London market insurer.
A competitive reinsurance market saw “much improved pricing” for most buyers at the key 1 April renewal for Japan, South Korea and India, the reinsurance broker reported. Notably, the LA wildfires had little effect beyond loss-hit US insurers, according to Aon.
Tailored retentions can include CBRN threats, cyber physical damage, as well as conventional risks, under the new ‘bifurcated approach’ adopted by the UK’s Treasury-backed reinsurance pool for terrorism risk in mainland Great Britain.
Soeren Soltysiak previously served as the reinsurance broker’s strategic growth leader for Asia Pacific.
The Fidelis Partnership’s Pine Walk MGA platform will launch a new accident and health startup “later in 2025” led by a former Beazley A&H specialist.