-
The unit will aim to grow captive solutions and structured solutions. -
She succeeds William Mills, who left his role as group head of ceded re and third-party capital for Allianz.
-
The executive will step into her new position on November 28 and will report to Andrew Shaw, the company’s lead property underwriter.
-
The reinsurer is ready to “walk away from business” where it feels pricing and terms and conditions are not good enough.
-
The insurer’s expected full-year combined ratio is 94% and constant currency GWP growth 10%.
-
The two insurers are believed to provide in excess of 20% of the cat MGA’s capacity.
-
Most claims so far have been for damage to residential property.
-
Outrigger Re will write a quota share of Ark’s Bermuda property treaty book.
-
The fund will take a vertical cut of all non-life business written by Latam specialist Ocean Re.
-
The modeller also said that losses to the National Flood Insurance Program will likely remain under $300mn.
-
The London-listed carrier said that market dislocation could last for years and had created a strategic opportunity for the carrier.
-
The reinsurance market next year will be a “challenging environment”, which Beazley expects to “shift significantly”, according to CEO Adrian Cox.
