PartnerRe
-
The company said the NEP expansion reflected 6% growth in P&C, 7% in specialty lines and 21% in L&H.
-
Jarrier has been with the carrier for over two decades, most recently as head of worldwide pricing and analytics.
-
Most forecasters predict below-average activity in the region – but opposing weather phenomena mean uncertainty is higher than usual.
-
The ratings agency said PartnerRe would act as a ‘natural diversifier’ to Covéa’s operations.
-
The appointments to the board begin with immediate effect.
-
Overall, the carrier posted $408mn of cat and man-made losses in Q3, up from $333mn a year earlier, of which $297mn related to Hurricane Ida and the European floods.
-
She will succeed CFO and EVP Nick Burnet, who will be leaving the company to pursue other opportunities.
-
The carrier booked $45mn Q2 cat losses net of retrocession that included $41mn from Natal Floods and $4mn associated with the Australian floods.
-
The transaction between the two parties closed last week following a lengthy saga.
-
The former Chubb exec will remain on the board as an independent director, along with president and CEO Jacques Bonneau.
-
The French mutual’s CEO Thierry Derez and chief of staff Sylvestre Frezal said the deal is a strategic move to adapt to new forms of risk.
-
The legacy acquirer also struck a quota share deal for UK builders warranty insurance in 2021.
Most Recent
-
Former PartnerRe CEO Clarke becomes BMS chair as Eurazeo deal completes
28 September 2023 -
Ex-AFL owners face asset freeze, spending limits after fraud case
28 September 2023 -
AI could hinder D&I by amplifying existing biases: Dive In panel
28 September 2023 -
IFRS 17 to cost insurance industry $21bn-$27bn: WTW
28 September 2023 -
Porch Group invests $57mn in HOA as Vesttoo fallout continues
28 September 2023 -
Tower renews reinsurance with only ‘moderate’ increases
28 September 2023