Retrocession
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This brings the carrier’s total limit on the program to $1.8bn. -
The broker has nearly 20 years of experience in the reinsurance and retro markets.
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The Bermuda-based team is led by John Fletcher.
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The team will focus on building out Miller’s property treaty, retro and ILS capabilities, it’s understood.
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The role will focus on international treaty, specialty lines and strategic advisory.
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The terrorism pool has shifted its programme from facultative to an XoL arrangement.
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The executive has worked in a variety of senior underwriting roles at the reinsurer.
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The firm has commenced writing collateralised retro and reinsurance but its rated launch is still pending.
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The reinsurer is planning to drop its cession rate from 40% to 30%-35%.
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After HannoverRe announced a 2025 CEO transition, here is our last review on the company's successes and challenges ahead
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The depth of the retro market recovery will be an influential factor in the pace of the cat market slowdown from here.
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