Munich Re
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Joachim Wenning reaffirms the company’s commitment to the segment in an internal memo.
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Bäte served as chairman of the forum for three years.
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Guggenheim Partners is in preliminary talks with the reinsurer, according to the Wall Street Journal.
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The firm will still provide reinsurance for risks associated with energy generation from fossil fuels.
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The business held about $85mn of in-force premiums as of May.
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The insurer-owned blockchain start-up B3i is to build its systems on a blockchain platform developed by banking sector technology consortium R3.
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The operation writes commercial property business as a following market.
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The carrier’s strategy is to build a global digital wholesale insurance platform, according to a speech at InsiderTech London last week.
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CalFire pins blame for 12 Wine Country fires on trees falling into PG&E power lines.
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Vernor will oversee the innovation lab and business domains with a focus on emerging risks.
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The Warren Buffett-led carrier takes the position after collecting $10.2bn in premiums from its AIG transaction.
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Regulators find state law may have been broken on separating trees and power lines.
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