Munich Re

Hohman succeeds Elizabeth Kramer following her recent appointment as president of E&S Lines. He will also become a member of the MRSI executive leadership team.

AM Best said market hardening was likely to continue through 2024, given global market conditions.

Liz King Kramer will be responsible for executing the sector’s business plan and driving growth.

A memo from the reinsurer raises concerns for cyber insurers over whether they could face a coverage gap after renewals.

Analysis of 2022 statutory data shows top US-exposed reinsurers grew assumed premiums 13% year-on-year in 2022.

Beneva has signed up to net-zero targets as a member of the NZIA, following a period of turbulence in which Munich Re, Zurich and Hannover Re have left the alliance.

She has served as interim CEO since January, after former CEO Michael Kerner was appointed as a board member.

Capitola operates as a digital market that connects brokers with carriers using AI for risk-appetite matching.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

Industry climate alliances have received allegations from conservative politicians and regulators in the US that such commitments are illegal group activities that violate antitrust laws.

The collapse of Silicon Valley Bank is creating investor fear across the global financial services sector. 

Highlander has $300mn of insurance coverage, placed by Ed Broking and led by Munich Re Syndicate.