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Meredith Head will join the reinsurer in September after more than 10 years at TMR.
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The French insurer holds just over 48 percent of New York-listed Axa Equitable Holdings.
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The Floridian carrier bought 8 percent more cover than last year, inclusive of a $3.2bn core cat tower.
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Preliminary data suggests the number of reported tornadoes in the quarter to date is the highest since 2011.
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Experts still forecast an average hurricane season.
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Sources pegged the firm’s UNL retro purchase at around $150mn.
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The acquisition takes Zurich’s share of the Australian retail life market to around 20 percent.
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The company’s reinsurance spend as a proportion of earned premium rose to 33.3 percent – up 2 percentage points.
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The tornado, rated an EF-4 and one mile wide, followed a spate of roughly 60 twisters that broke out across the Midwest.
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Protector and Munich Re are in arbitration in Norway over a claim relating to the 2017 fire which killed 72 people. -
It is hoped the Golden State will be able to have the policy in place from the start of next year, The Insurance Insider understands.
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NOAA reports that 60 tornadoes may have struck eight midwestern states on Monday.
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