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RFIB colleagues Xueyang Wang and Steve Chung will also join the executive at RKH.
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Despite being Category 1 at landfall, Isaias caused storm surges from South Carolina to New York.
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The carrier booked higher natural catastrophes and loss deterioration on its crop book.
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The London market business booked the majority of its Japanese parent’s fiscal Q1 Covid-19 losses.
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Former HDI finance chief Jungsthöfel will be replaced by Christian Hermelingmeier.
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“We have plenty of capacity to work with in this market,” said the Everest Re CEO.
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The executive joined the company last year from Swiss Re and has also worked at AIG and Willis.
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The carrier’s top team says price increases are now spilling over into loss-free lines and regions. -
Investors react after the carriers’ group earnings almost halve year on year.
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Reinsurance, crisis management and art and specie are areas of opportunity, according to the Axa XL chief.
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The Lloyd’s business is looking to raise $800mn of new equity and $200mn of debt.
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This week we discuss the impact Covid-19 trapped capital is having on the retro market and the surprise investment partnership between Covea and PartnerRe.
