Swiss Re
-
The reinsurer said US president Donald Trump’s policy was already impacting investment.
-
Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
-
Hannover Re’s CEO is lowest paid among peers, despite their pay growing 77% since 2015.
-
P&C combined ratios were higher than Q1 2024, and wildfires impacted Hannover Re most.
-
The reinsurer’s CFO cited a 1.5% net price reduction year to date.
-
Large natural catastrophe losses totalled $570mn in Q1, driven by the LA wildfires.
-
Specialty reinsurance has experienced high competition for talent.
-
The carrier has also added AIG’s Alice Hawkins to its aviation unit.
-
Growing economic and population exposures are driving potentially larger insured losses.
-
In Partnership With Swiss Re Corporate SolutionsParametric insurance and multi-year, multi-line structured solutions are two tools that can help insureds manage natural catastrophes, said Katie McGrath, regional CEO of North America for Swiss Re Corporate Solutions.
-
The tariffs could expose insurers to the risk of recession and shrinking income.
-
The asset manager has hired Rom Aviv as head of ILS.