Swiss Re
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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.
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The new recruit will be head of power at the UK global broking centre.
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Reinsurers still have concerns over rate adequacy as views of typhoon risk evolve.
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The reinsurer finds secondary perils accounted for over 70% of natural catastrophe claims.
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Hannover Re has emerged as an outlier by reducing its overall 2020 dividend, but its growth plans may alleviate disappointment about the policy.
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The reinsurer accelerates its retreat as part of a new set of targets to achieve net-zero emissions by 2050.
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The reinsurer adds $300mn to the unit’s pandemic reserving in Q4 and slashes premium volumes by 11% at the renewals.
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