Swiss Re
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A roundup of all the news you need today, including Lloyd’s chairman candidates. -
The insurance sector’s RoE is expected to exceed 10% next year.
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SCS caused global insured losses worth at least $8bn in the first quarter of 2024.
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The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple.
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Combined ratios improved all around thanks to better pricing and a benign cat quarter.
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CFO John Dacey said the carrier had concluded it was not the “best owner” for iptiQ after a strategic review.
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The carrier also announced that Moses Ojeisekhoba, CEO of Global Clients and Solutions, has resigned.
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P&C re and CorSo reported improved net profits and combined ratios for the quarter.
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Swiss Re is among reinsurers to have the right to limit coverage if conflict widened.
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Insurance Insider revealed this deal in January.
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The new CEO needs to fix the underwriting, but should also ask the bigger questions.
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We take a look at the outgoing CEO’s performance as he prepares to handover to CorSo CEO Andreas Berger.
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