Munich Re
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The head of underwriting development gives further detail on the launch to The Insurance Insider. -
Munich Re Innovation Syndicate will start underwriting on 1 January 2020.
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The Sompo and Munich Re-backed startup is planning to focus on business partnerships.
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The deal is Axa Liabilities Managers’ 20th run-off purchase.
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Broad cargo coverage is failing to match premium volume, Munich Re’s Sean Dalton said at Iumi’s conference.
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The Bermuda company will acquire run-off portfolios from the Australian branches of Great Lakes Insurance and HSB Engineering Insurance.
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The reinsurer predicts annual cyber market premium expansion of between 25 percent to 30 percent.
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Joanna Aquilina and Patrick Riecken join Gossmann & Cie as it prepares to launch its expiring policy roll-over product.
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Swiss Re leads the charge on US exposure as reinsurers prepare for North American hurricane season.
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The CFO attributes the 0.5 percent risk-adjusted rate rise to the diversity and size of its portfolio.
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A benign loss period and reserve releases pushed the combined ratio down more than 14 points.
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Insider Steven Chang will take on leadership of the reinsurer in Greater China.
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