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The CEO stressed that ILS’ non-correlated nature makes it an attractive asset class in periods of financial instability.
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The carrier’s P&C division could miss its 2020 operating profit target by 20 percent, CFO Giulio Terzariol said today.
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Major cat reinsurance losses are unlikely without over-reaching judicial action, the HSCM Bermuda leader argued.
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Aon group CEO Greg Case said the new mindset would apply to other challenges including climate change and cyber.
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Plummeting global markets have reduced the value of the carrier’s investments, results show.
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Christoph Jurecka said he was "not sure if I buy in" to high-end loss estimates that Covid-19 will be the biggest catastrophe loss ever.
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The insurer said it was two thirds of the way to attaching a UK reinsurance treaty.
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Some insurers in the panhandle may not be able to handle reinsurance rate increases in the 1 June renewal, according to Bruce Lucas.
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Based in London, Ben Stone will advise clients on longevity swaps as well as other strategies.
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Sharry Tibbitt has previous worked as senior VP of property and specialty, and VP of treaty underwriting at the company.
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Plenum’s CEO said the hire of Grieger and a SocGen credit research leader will “unleash significant potential” by adding insurance bond capabilities.
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Warren Buffett said the company faces a more limited impact from the virus than some other insurers.