People Moves: Definity’s Board Appoints Former Swiss Re Exec Schmid; SCOR Promotes Mumme-Young for Political & Credit Risk; Cathay Pacific’s Howell to Marsh Aviation December 22, 2021 This edition of International People Moves details appointments at Definity Financial Corp., SCOR and Marsh. A summary of these new...
Swiss Re’s Chief Underwriting Officer Schmid Is Stepping Down, Succeeded by Léger June 19, 2020 Swiss Re announced the appointment of Thierry Léger as the group chief underwriting officer, effective Sept. 1, 2020. At the...
Failure to Act on Climate Change Could Make Weather Risks Uninsurable: Swiss Re April 8, 2020 By L.S. Howard Global warming will lead to growing intensity and frequency of severe weather events, rising losses, as well as greater uncertainty...
Reinsurers Maintain Upward Pricing Momentum-But Will It Last? October 24, 2019 By L.S. Howard Positive pricing momentum—it’s the favorite phrase of many reinsurance executives, who are hoping that the momentum they’ve seen in 2019...
Reinsurers Look at Cyber’s Massive Growth Possibilities-With Caution October 22, 2019 By L.S. Howard Reinsurers are aware they must constantly invent new solutions in order to stay relevant for their clients. Yet, they admit...
Swiss Re Estimates Its Q4 Natural Catastrophe Claims to Hit US$1.0B January 15, 2019 Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of...
Cyber Reinsurers Aim to Master the Dangers of Global Accumulation October 5, 2018 By L.S. Howard Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a...
Swiss Re Names Mitchell as Head of Property & Specialty Reinsurance March 22, 2017 Swiss Re announced that Mike Mitchell, currently head Property Underwriting and Property & Casualty Facultative, Asia, will succeed Edouard Schmid...
Catastrophe Reinsurance Prices Will Continue to Drop This Year: Swiss Re April 7, 2016 By Jan-Henrik Förster Reinsurance prices will continue to fall this year as competition for customers from hedge funds and other sources of alternative...