Reinsurance
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Adrian Poxon also had oversight of engineering, aviation and space at Scor. -
The reinsurance veteran joins from Artex Risk Solutions.
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The IG said this year had been “more difficult” for the group’s reinsurance partners.
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Chairman Neil Eckert and CEO Trevor Carvey said the outlook for the market remains "very good".
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Everest is in the process of transforming its ILS offering.
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CEO Trevor Carvey said the revision reflected Conduit’s “favourable reception”.
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Swiss Re has retreated from its “escalation clause” for the Middle East.
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The transaction mostly covers casualty portfolios of 2021 and prior underwriting years.
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Reinsurer appetite for aggregates begins to creep back in.
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Overall, reinsurers accepted that rate cuts were still leaving them with strong margins.
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The result was impacted by recent adverse development on a liability portfolio.
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