Retrocession

The Bermuda-based team is led by John Fletcher. 

The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.

The role will focus on international treaty, specialty lines and strategic advisory.

The terrorism pool has shifted its programme from facultative to an XoL arrangement.

The executive has worked in a variety of senior underwriting roles at the reinsurer.

The firm has commenced writing collateralised retro and reinsurance but its rated launch is still pending.

The reinsurer is planning to drop its cession rate from 40% to 30%-35%.

After HannoverRe announced a 2025 CEO transition, here is our last review on the company's successes and challenges ahead

The depth of the retro market recovery will be an influential factor in the pace of the cat market slowdown from here.

Tokio Marine has told cedants that it will discontinue its aviation retro book as the effects of the mammoth Boeing loss continue to ripple through the market, this publication can reveal.

Sang Hun Park previously spent nine years at Allianz before joining Munich Re as a senior origination manager in August 2021.

The carrier has increased its retro capacity by 56% to EUR1.34bn.