-
Liability account move is latest development in ongoing reinsurance buying overhaul.
-
The Allianz unit says the experience of the Sars epidemic suggests general liability claims are likely to remain benign.
-
Since Covid-19 began to spread in areas with high insurance penetration, the situation has been in constant evolution.
-
The executive’s departure from the Willis Towers Watson merger partner follows that of other casualty reinsurance colleagues.
-
The changes are part of the carrier’s move to a more regional operating model.
-
The transaction covers casualty reserves for the 2009 to 2017 years of account.
-
The deal covers subject premium of around $2bn and will run for 18 months.
-
His anticipated move to Guy Carpenter follows that of Francis Paszylk to TigerRisk.
-
The appointments follow an expansion in the carrier’s European casualty offering earlier in the year.
-
The Accredited program partner has plans to expand into new lines of business.
-
The executive joined the company last year from Swiss Re and has also worked at AIG and Willis.
-
Meanwhile, US GL underwriters fear the impact of Covid-19 litigation.