Swiss Re
-
Philipp Ruede spent 12 years at the broker performing several roles.
-
The insurance sector’s RoE is expected to exceed 10% next year.
-
The Italian hailstorm event in the summer 2023 saw estimated losses nearly triple.
-
CFO Dacey said ILS investors were not extrapolating too much emphasis from strong returns in 2023.
-
P&C re and CorSo reported improved net profits and combined ratios for the quarter.
-
The former Neuberger Berman managing director confirmed the new role in a LinkedIn post.
-
Diversification in perils and regions can help the market grow.
-
Severe convective storms were the biggest driver of last year’s losses.
-
-
The ILS executive will head up structuring for the Americas.
-
The US tallies $97bn in economic losses from major perils each year.
-
The vast majority of 2023 recoveries were from events in prior years.