Operations/tech
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Occurrence retro rates are among the segments where rate pressure is abating, although the outlook remains somewhat opaque in a late renewal.
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The transaction will be one of the largest P&C deals of the year.
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The carrier assembles the team following the creation of its Chubb Studio digital platform.
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In an interview, Grahame Millwater and Jason Howard set out the synergies possible following the broker’s rebrand.
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The carrier is targeting growth in all key lines of business.
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Rates for listed companies continue to rise between 200%-400% amid hard market conditions.
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The carrier’s long-standing client Alfa has become an equity investor.
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The carrier will take a smaller line than initial backers PartnerRe and Swiss Re.
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The underwriter’s resignation marks the latest in a string of senior departures at the carrier.
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The reinsurer was placed under review in March amid turmoil in its management.
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In its 2025 strategy, the carrier flagged “ample” opportunities in reinsurance and plans to expand in US specialty
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In five years’ time, the risk solutions unit will account for 30% of Munich Re’s P&C reinsurance portfolio.
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