Swiss Re
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Significant start-up moves this month included Kathleen Faries and Julia Henderson joining Lavant and Piers Cantlay signing up to join McGill.
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Pricing has also been reduced below original spread ranges for both bond tranches.
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Suncorp, IAG and QBE reinsurers could face significant recoveries after a landmark court ruling.
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The deal would take Swiss Re retro cat bond cover issued this year to $1.2bn.
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A fresh BI ruling in Australia this week highlighted the industry's reason for caution over Covid exposure as legal actions continue.
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The transaction is a bearish signal for the post-Covid cat reinsurance market.
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China is expected to lead the upswing in business, with non-life premium growth of 10%.
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The experienced broker had been freelancing for almost two years.
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The reinsurer’s CFO warns pandemic “is not over” and declines to guide on year-end result.
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The reinsurance CEO says Swiss Re will cut back its US casualty share.
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The insurer could have total gross losses of more than EUR500mn, according to a French publication.
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The “conservative” figure includes $1.2bn of new engineering cover as facilities are built as well as $9bn of commercial insurance for when they are up and running.