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Losses from severe thunderstorms have increased by 7% annually in the last 30 years, according to the Swiss Re Institute. -
Rob Newbold joined Verisk in 2002 and has held several roles, serving most recently as COO of extreme event solutions.
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The costliest disaster was the southeast Queensland and NSW flooding in February 2022.
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Most of the industry loss occurred in the UK and was due to flood losses, with limited wind-related losses.
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The P&C Re CEO discussed Swiss Re’s P&C appetite and nat cat exposure in the investor presentation.
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Profits are expected to widen thanks to improved rates and higher average attachment points.
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Coburn will report to Jason Busti, Axis Re president of North America.
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Habay oversaw the wind-down of AQR Capital’s reinsurance business in 2015.
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According to a LinkedIn post, the current head of corporate development, investments and treasury will return to BlackRock.
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Scor is aiming to double fee income over the next three years.
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According to the reinsurer at least EUR275mn will be covered directly by CCR under public reinsurance.
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The carrier’s combined ratio deteriorated by 10.9 points to 101%.
