Allianz
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People moves in the industry in the past month.
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Rick Pagnani was most recently CEO of Everest Re’s Mt Logan vehicle. -
The government also said it is exploring the possibility of issuing a cat bond in the near future.
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Together with Hillhouse, the two insurers will launch a new legacy insurer, Enhanzed Re, with $470mn.
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Tokio Millennium Re’s agreed sale to RenaissanceRe will open up an opportunity for competitors to enter the fronting market.
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Former Marsh broker Richard Green has joined as regional head of the alternative risk transfer business.
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The companies have assumed risks related to production value, timing of energy generation and future energy prices.
