Your weekly re/insurance round-up, ending Feb 4th 2022

Your weekly re/insurance round-up, ending Feb 4th 2022

More Q4 results this week from firms including?Hannover Re,?RGA,?Aon,?Chubb,?Talanx?and?Allstate.

Markel also?reported on its performance, and is now targeting a?90% reinsurance combined ratio.

Execs from both?Hannover Re?and?MMC?expect improved rate trends to persist through 2022.

Kemper was among those to?detail its new reinsurance cover?this week.

And the NFIP has said it's?keen to continue working with the private sector?to close the protection gap.

According to Gallagher Re, insured losses from major catastrophes?topped $116bn?last year.

In other developments, FBD has reached an agreement with reinsurers on?COVID BI recoveries.

Swiss Re partnered with renewable energy financier NORD/LB on a?$500m ESG co-investment program.

Meanwhile, Principal plans to?reinsure $25bn of annuity & life business?with Sixth Street’s Talcott.

And?Greenlight Re?and?Marco?both received approvals for their syndicates at Lloyd's.

In a busy week for hires, Munich Re US named SCOR’s Haynes as?Head of Casualty Underwriting.

New Chairmans were appointed at?BMS?and?CFC, while?Catalina?announced a permanent CEO.

Further senior moves were seen at?QBE Re,?WTW,?AXA XL?and?Parameter Climate.

We’ll continue to update you with more coverage on the major developments from this week, while also keeping up with the regular news coming out of the re/insurance industry.

We hope all our readers stay safe and well this weekend!

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