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The German carrier pegs the full-year impact of the pandemic on its reinsurance operations at EUR3.4bn.
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David Bangs joins from Willis Re Singapore where he worked for more than 15 years.
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Former Starstone Group president Richard Sanford takes over the executive role on 1 January.
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The club reported a combined ratio of 102.2% for the first half of 2020, and an underwriting deficit of $2.2mn.
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Scor sought higher-priced agg cover, but Munich Re achieved below-average uplift on its occurrence treaty.
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The court finds no “justifiable doubts” around the arbitrator’s impartiality after the US oilfield services company alleged bias.
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The latest recruit is returning to Swiss Re after five years.
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Joint research finds that remote working has challenged the London market’s ability to innovate commercially.
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The Convex CEO also outlined difficulties facing the pandemic working group.
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Has there ever been a more interesting time in (re)insurance for mergers, acquisitions and new capital formations?
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The appointment follows the addition of Lockton’s Allison Hollern to the John Hopper-led financial lines team.
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The insurance regulator suggests Solvency II reforms should include a provision to ban shareholder handouts in times of crisis.