Munich Re
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The carrier is looking to grow its specialty offering across Europe and APAC. -
How is the market positioned to withstand Hurricane Milton?
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The Madrid branch will look to begin underwriting primary specialty insurance in 2025.
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The executive joins Munich Re from Amwins Global Risks.
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Patrice Michellon, who has spent more than eight years with the reinsurer, will report to Clarisse Kopff.
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Munich Re's core message this year is that its risk appetite is “quite stable”.
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Plus the latest people moves and all the top news of the week.
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Scor disclosed L&H troubles while Swiss Re continued reserving for US casualty.
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Plus the latest people moves and all the top news of the week.
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The reinsurer also said it expected no significant impact from the CrowdStrike losses.
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Its combined ratio stayed under 80%, which may give it room to outperform on annual targets.
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Over 75% of insured losses attributable to severe thunderstorms, flooding and forest fires.
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