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But ILS market exposure to contingency covers is limited, CUO von Herberstein said. -
The reinsurer joins a large panel of providers for the Dutch firm as it has been growing its third-party assets.
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The move would put a non-insurance figure in charge of the world’s largest reinsurance company.
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The executive had been involved in capital raising for clients such as Fidelis and Lancashire.
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Fidelis’ UK CUO said they believe Davern “is the right person to lead” their continued growth.
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Lloyd's outgoing performance management director Jon Hancock will take up the role in spring.
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Michael Butt said the company is in “good hands”.
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More and more cyber insurers are seeking alternative capital financing.
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Jonathan Parry, current CEO of QBE's reinsurance group, will retire in a year's time.
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Four regional cross-business CEO positions will be created.
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Bill Cooper moves from a consultant role to leader of the broker’s investment banking business.
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Chris Conway joins TigerRisk from Neon Underwriting Bermuda, where he was senior vice president.
