Your weekly re/insurance round-up, ending September 16th 2022
Reinsurance News
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Plenty of high-profile news and commentary emerged alongside RVS in Monte Carlo this week.
R&Q shareholders voted decisively against removing William Spiegel,?with 70% opposing the motion .
Munich Re has projected?2-3% growth for the reinsurance sector ?worldwide up to 2024.
Hannover Re similarly predicts?improved conditions next year , while Swiss Re expects to?grow in nat cat .
Swiss Re also announced the?departure of CIO Guido Fürer ?after 25 years with the company.
Meanwhile, Chris Beazley has been named?CEO of SCOR UK & the SCOR Syndicate .
Further movements saw Jim Crutchley promoted to?Global Fac Leader ?at TransRe, and Dan Warburg named?Head of Reinsurance, London ?at IQUW.
Additionally, BMS Re appointed McDowell as?Bermuda CEO , Inver Re hired Bowker to?lead Legacy Solutions , and Everest Re also made?senior moves .
In other developments, Lockton Re?launched a Capital Markets unit ?led by Zachary Breslin.
AIG priced the IPO of Corebridge, previously SAFG Retirement Services, at?a low-end $21 per share .
And MS Reinsurance is a new name in the market after?MS Amlin AG announced a rebranding .
Finally, the latest PERILS estimate for this year's Australian floods are?up 29% to AUD 6.3 billion .
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!