Swiss Re
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Ukraine uncertainties remain despite some loss estimates emerging in Q1 earnings across the Big Four European carriers, while inflation looms on the horizon. -
Swiss Re goes against the tide in expanding in cat, while specialty rates appear to be holding up better than expected.
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The reinsurer also flagged that it is not banking on many reinsurance recoverables from its CorSo exposure to war claims.
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Market volatility also eroded investment income, with a $283mn Ukraine loss.
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The (re)insurer aims to fill a gap in the market by providing ESG data for insurers on the private firms they insure.
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She was previously an investor relations senior manager at Swiss Re.
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The first-of-its-kind deal blends bank financing with ILS funding.
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The CUO of the world’s largest reinsurer explains the company’s enduring commitment to cat risk despite advancing climate change.
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In this newly created position, Claudia Cordioli will report to group CFO John Dacey.
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David Presley joins Compre while the legacy carrier is targeting expansion in the US.
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The broker said there was still a “big unknown” around the potential global economic impact of the conflict.
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The Russian invasion of Ukraine is likely to result in a “mid-sized” cat loss, according to Swiss Re CEO Christian Mumenthaler.
