Move into CPRI by the Paris-based carrier includes a hire who joins from Coface in France and marks further diversification beyond parametric and cyber lines.
Former Arch executive to support operational integration amid expansion, including its Pine Walk MGA platform.
Swiss Re forecasts global GDP growth will slip to 2.3% in 2025 from 2.8% in 2024, with non-life insurance premium growth slowing to 2.6%, down from 4.7% last year.
Ondine Bourrut Lacouture steps into the role after playing a key part in the syndicate’s development, as Arch has tripled its stamp capacity since acquisition.
OAK Reinsurance has announced a series of senior appointments across its underwriting, capital, and operations teams as the firm builds on a successful launch and positions for future growth.
The new facility, branded Undercover, combines multiple risk exposures into a single facility, allowing cargo owners to tailor cover for geopolitical perils such as war on land, terrorism, political violence, and confiscation.
Pierre-Edouard Fraigneau is currently chief underwriting officer for LSM Europe and Liberty Mutual Insurance Europe.