Swiss Re
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The reinsurer said investors were interested in expanding after benefiting from good results.
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It estimated insured losses from nat cats on track to exceed $135bn in 2024.
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Cat bond funds continue to draw interest as private ILS more challenged.
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The ratings agency said comparing companies was complicated by the adoption of IFRS 17 accounting.
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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
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Positive cat experience impact of $600mn was offset by $500mn in property and specialty reserves.
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The P&C Re CoR came in at 84.5%, a 10.2-point YoY improvement.
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The firm predicts 2024 will be a record year for primary issuance.
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The peril can no longer be considered secondary, according to Gallagher Re.
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Philipp Ruede spent 12 years at the broker performing several roles.
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The insurance sector’s RoE is expected to exceed 10% next year.
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The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple.