Munich Re
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The news agency said the Q3 loss tally would also include claims from the collapse of the Genoa motorway bridge.
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Arndt Gossmann has teamed up with Munich Re on the start-up.
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The appointment of the veteran reinsurance chief will be put to a shareholder vote next year.
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Goldman Sachs PE arm and Blackstone invest in motor MGA
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Pressure on the IASB increases for reprieve from the complex new accounting standard.
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Reinsurers now have fresh impetus to argue for flat renewals at 1 January.
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Michael losses are likely to fall on the reinsurance market due to the low attachment points of the Floridian homeowners’ insurers.
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The head of specialty will leave after more than a decade at the syndicate.
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The Ohio carrier plans to offer its new unit a 'healthy degree of autonomy'.
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The German seller will focus within Lloyd's on its Munich Re Syndicate following the £102mn, or about 1.3x book value, deal.
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InsurTech is still making waves as the industry gathering draws to a close in Las Vegas.
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Slice Labs aims to use the cash to respond to robust demand for its cloud services.
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