RMS estimates total Dudley and Eunice losses at EUR3bn-EUR4.5bn
This estimate would rank Eunice as the most damaging European windstorm event since Kyrill in 2007.
Source: insuranceinsider.com
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Insured losses from European storms could reach EUR1.6bn: MSK
German actuarial firm Meyerthole Siems Kohlruss warned the losses represented a “turbulent” start to the year.
Source: insuranceinsider.com
ABIR issues salvo in S&P capital model update debate
S&P’s proposal to disallow senior debt as a form of available capital is thought to be among the most impactful of a slew of detailed changes by the rating agency.
Source: insuranceinsider.com
Ascot lands Geo Specialty international property D&F team
Former head of D&F at Geo Specialty David Leathem and his colleagues first joined the Ardonagh-backed MGA in 2017 to establish its international property book.
Source: insuranceinsider.com
Arch Re promotes Moeller to CEO for US, Bongiorno and Hackett take CUO roles
Lisa Packard, a long-time Arch facultative executive, has also been named chief strategy officer for the US reinsurance division.
Source: insuranceinsider.com