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The executive has held senior alternative capital roles at Aon and Guy Carpenter. -
White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.
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The rate change will be implemented in November.
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The Insurance Bureau of Canada said the blaze damaged one-third of the Jasper community.
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The executive has worked for Scor, RMS, Aon and SiriusPoint, among others.
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Building better exposure datasets could draw a broader range of investors.
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Reinsurers continued to diversify into primary and specialty business.
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Return on capital employed hit 13% last year as the cost of capital fell to 8%.
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The insurer currently has $300mn of reinsurance limit from cyber cat bonds.
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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.
