Swiss Re
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The carrier said geopolitical factors had given “new urgency” to the green transition. -
Insured losses in 2021 alone hit $20bn.
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If Hurricane Andrew were to hit the coastal regions of Florida today, insured losses would be nearly four times the $15.5bn borne by carriers 30 years ago.
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Inside P&C revealed in late May that Luna was succeeding Juan Manuel Merchan, who stepped down earlier this year to become CEO at Seguros Equinoccial.
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The carrier mapped out the future threat landscape for insurers as part of its annual Sonar report.
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Sources said Luna will succeed Juan Merchan, who last month stepped down after over a year in the position to become CEO at Ecuadoran carrier Seguros Equinoccial.
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Based in Boston, the executive will report to AGCS’ NA regional head of financial lines Joe Caruso.
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Burnett joins Swiss Re from Axa XL, where he worked for over five years as E&S property head.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The first-of-its-kind deal blends bank financing with ILS funding.
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David Presley joins Compre while the legacy carrier is targeting expansion in the US.
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The broker said there was still a “big unknown” around the potential global economic impact of the conflict.
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