People Moves: AXA XL’s Coletti Heads Swiss Re’s New Cyber U/W Team; Zurich Promotes Mantero to Chief Strategy Officer; Everest Names Citigroup’s Modin Pres., Mt. Logan Re September 3, 2021 This edition of International People Moves covers appointments at Swiss Re, Zurich Insurance and Everest Re Group subsidiary, Mt. Logan...
Munich Re Moves Ahead of Swiss Re as Reinsurer With Most GPW: AM Best September 2, 2021 Munich Re replaced Swiss Re as the largest reinsurer in AM Best’s annual ranking of the Top 50 Global Reinsurance...
Report: More U.S. Residents Heading Toward Climate Change Dangers Than Away August 26, 2021 By Don Jergler It’s counterintuitive to run toward a fire, or any risk for that matter, but that mindest doesn’t seem to always...
Swiss Re Signs $10M Carbon Removal Purchase Agreement to Fight Climate Change August 26, 2021 Swiss Re and carbon removal specialist Climeworks are partnering to combat climate change — by signing the world’s first long-term...
Europe Reinsurers’ H1 Profits Climb on Lower COVID Claims, Hardening Prices: Moody’s August 19, 2021 The four largest European based reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – reported sharply higher profits...
Swiss Re Hires CNA’s Stephenson to Lead Casualty; Richards Named CEO UK & Ireland August 18, 2021 Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become...
Catastrophe Bond Market Breaks New Record with $8.5 Billion of Securities Issued August 18, 2021 Catastrophe bonds broke a record during the first half of the year with about $8.5 billion of new securities issued,...
Concerned Scientists Outline What U.S. Should Do to Deal with Climate Change August 12, 2021 By Don Jergler Six insurers have ruled out Arctic refuge drilling, according to a report out this week from the Gwich’in Steering Committee....
Reinsurers Show Strong Profits During 2nd Half, Rebounding from 2020’s Challenges July 30, 2021 By L.S. Howard The first half financial results, reported by a group of six reinsurers over the past week, generally show a strong...
Insurance Industry Heading to Faster Recovery than After 2008 Financial Crisis: Swiss Re July 26, 2021 By Alwyn Scott The global insurance industry is poised to recover more quickly and forcefully from the pandemic than it did after the...