-
Covid-19 losses of $14bn added 8 percentage points to combined ratios. -
Acrisure Re has recruited Willis Re executive vice president and 20-year veteran Paul Sperrazza as the employee-owned broker expands its presence in the Midwestern reinsurance market, according to a spokesperson for the intermediary.
-
The appointment follows the hire of MS Amlin reinsurance underwriter Dominic Peters as CUO.
-
-
The report also found that reinsurance capital increased by 7% to $658bn.
-
Plus an update on the airline insurance market and all the top news from the week.
-
The executive says the carrier made strides last year in its underwriting and is well positioned for growth.
-
CEO Johan Slabbert says the US specialty market offers a chance to balance out the volatility of catastrophe risk.
-
The move is to encourage more people to return to the underwriting room and reduce boundaries of entry.
-
Covid-19 losses materially impact the property market, but the marine, aviation and transport segment returns to profit.
-
The new recruit, a former senior Liberty Mutual executive, put his insurance start-up plans on ice last November.
-
Willis Re data on Florida participants’ deteriorating CoRs and solvency highlights the challenges to be faced at this year’s 1 June renewal.
