Casualty/GL
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July rains and typhoons Maysak and Haishen severely damaged Kyushu region, the body said.
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Alternative capital reduced by around $3bn in H1 2020 due to trapping. -
Joe Jackson becomes the latest in a line of retro or reinsurance brokers to transfer to the smaller intermediary.
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The former Everest Re CEO will join the firm after a major US hiring spree.
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Mallon and Foxall will join a 120-person international reinsurance team later this year.
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The Aon Reinsurance Aggregate (ARA) stock index fell by 46 percent in the five weeks to 23 March due to Covid-19.
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P&C (re)insurers are in a stronger position than peers in the life insurance market, according to S&P.
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The Bermudian platform sources casualty reinsurance deals for hedge funds.
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Howard left JLT in 2019 following Marsh & McLennan’s takeover.
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But the carrier’s CEO stressed the importance of moderation in the price hikes.
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Large cat and man-made losses for the year amounted to $2.3bn.
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The Everest Re sidecar began 2020 with $819mn of assets under management.
