Operations/tech
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Natural catastrophe losses were up 40% year-on-year to $76bn, 7% above the 10-year average. -
The newcomers join BHSI alumni Dan Fortin and Todd Greeley.
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The ratings agency has affirmed the reinsurer’s financial strength and long-term ICR ratings while flagging underwriting concerns.
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The Hartford continues to operate in the UK through its NIC UK branch and Hartford Syndicate 1221.
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Former Tiberius CIO Poole returns with a new blank-check firm.
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The transaction will be one of the largest P&C deals of the year.
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In an interview, Grahame Millwater and Jason Howard set out the synergies possible following the broker’s rebrand.
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The carrier is targeting growth in all key lines of business.
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The intermediary raises capital after an agreement to buy Burnham Benefits.
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The new entity will be named Unison Risk Advisors but the component parts will maintain independent branding.
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In five years’ time, the risk solutions unit will account for 30% of Munich Re’s P&C reinsurance portfolio.
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The US carrier has offloaded a tranche of liability business written out of London.
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