Swiss Re
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Mayer will manage a global centre of excellence for parametric products and report to Paul Schultz, CEO of Aon Securities. -
In this second of a two-part analysis on the proliferation of ChatGPT and similar generative AI tools, Insurance Insider explores the risks inherent in using them.
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Christoph Oehy will replace Luzi Hitz in November 2023.
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After founder members Axa and Allianz dealt a potentially terminal blow to the Net-Zero Insurance Alliance by withdrawing, the NZIA is exploring limited options to continue.
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The Swiss reinsurer follows Munich Re, Hannover Re and Zurich in withdrawing from the alliance.
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The executive will report to CEO James Shea and is based in Florham Park, New Jersey, United States.
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Most carriers were keen to talk about how they are taking on the ongoing hard market in Q1, but some complexities partly offset their good news.
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Reinsurers are starting to see increased demand from personal lines, where valuations are being updated to match inflation.
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He will succeed Melanie Slack, who will be retiring after more than 20 years with the firm.
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The CFO said cedants ‘recognise the new supply-demand reality’ as it benefitted from an early release of Hurricane Ian reserves.
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The carrier’s P&C re and CorSo units benefited from price increases at 1 April, as well as the receding impact of Ukraine.
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The executive returned to Swiss Re after a stint as a management consultant.
