TransRe
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The reinsurer said the market was unprofitable and pricing needed to increase immediately.
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This publication recently noted that ongoing rate declines and questions about past accident years are leading to calls for D&O price discipline.
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Sources said the executive, who has over two decades of experience in the (re)insurance sector, will take a position at regional intermediary Reasinter.
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Industry veteran Paul Bonny will continue to offer advice to the company through his ongoing role as non-executive director.
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Mollinier spent 14 years at Aspen, most recently as head of EMEA and LATAM, and will help TransRe to expand its continental European business in his new role.
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This publication’s review of H1 disclosures shows how listed (re)insurers’ nat cat losses have tallied with aggregate projections.
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In tandem, the reinsurer elevated Stephanie Danbrowney to take over Crutchley’s previous role as head of US facultative casualty.
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Insurance Insider selects 10 exclusive news stories reported by our team on the frontline at Monte Carlo Rendez-Vous.
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How much capacity is available to meet rising cat reinsurance demands was a key theme throughout this year’s Rendez-Vous.
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The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.
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As part of senior role changes, TransRe has also promoted Brian Gallahue to the role of deputy CFO.
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