The current market climate necessitates further price increases and improvements in the conditions of property and casualty reinsurance for the 2022 renewals, according to Hannover Re
A.M. Best predicts that German insurance carriers are “well-positioned” to absorb weather-related losses following the recent catastrophic flash floods
The European reinsurance sector has been exposed to significant uncertainty during the COVID-19 pandemic, which has led to a threefold decline in the capital positions of reinsurers, gross written premium for life reinsurance, and underwriting profit
Generali Global Corporate & Commercial has hired Marc Wekkeli as new head of property underwriting
DARAG Group has signed a retrospective quota share reinsurance agreement with Protector Forsikring, a multinational general insurance company listed on the Oslo Stock Exchange
Thierry Portevin has been promoted as global head of Allianz Risk Consulting, from his current role of global head of property at Allianz Global Corporate & Specialty
Allianz Global Corporate & Specialty has appointed Michael Furtschegger as global head of entertainment, effective immediately
Gossmann & Cie, the liability management company, has expanded its senior management team with the appointment of Jürgen Rindermann as head of claims management