Emerging risks
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The company will use the funding to invest in new software hires and expansion in Hong Kong and Madrid.
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Maya Bundt referred to cyber security threats as the “dark side” of proliferating digitalisation. -
Megan Kempe is now based in Bermuda as senior vice president of emerging risks.
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Lloyd’s report details how the Corporation will support carriers and their clients across the main themes of greener energy, industry and transport.
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Public-private partnerships such as state-backed reinsurance pools can also enable a more “proactive” approach to climate innovation, the organisation said.
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The insurers is to sever all ties with the German utility this year due to the size of its coal operation.
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The broker forecast that this hard market may be more akin to the “discriminate and relatively short-lived" phase following 2005.
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California blazes including the Glass Fire have driven up the estimate considerably since September.
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The new guidance is the first update to Bermuda's SPI framework.
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The Covid crisis will have a modest impact on capacity, he suggested.
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The ratings agency also said ILS capacity would ‘hold the line’ on returns following catastrophes.
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Kaniewski spent over two years as FEMA’s second in command.
