Swiss Re
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The product uses Swiss Re's flood model for rating purposes and links it with policy forms developed by Flood Services Corporation. -
The executive replaces Emmanuel Thommen, who has announced his retirement.
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Swiss Re acquired its Phoenix stake in 2020 following the sale of closed life business ReAssure.
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The revelation came with the release of the institute's 2021 Resilience Index.
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The leadership position in the region was vacant after the promotion of Melanie Slack, who has relocated to London.
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State-backed carrier GIC Re faces competition as the European Big Four press into the subcontinent.
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Rate increases are tailing off, but the carriers’ reports reveal divergent growth strategies.
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Aon-Willis, CFC's new Lloyd's syndicate, Talbot's contingency retreat and more.
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The carrier increased premium volume by 20% at 1 April as Japanese cedants lifted limits.
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The primary unit swings back to profit, while P&C re earnings expand seven-fold.
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Reinsurers, corporations and states must redouble efforts towards net-zero emissions, the carrier says.
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The solvency remains well within the targeted 200%-250% range.
