Obituary: Industry veteran Hedi Hachicha passes away

Published on June 14, 2024
Head of Middle East & Africa (MEA) P&C Reinsurance at SCOR Hedi Hachicha passed away peacefully on 14 June.
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SCOR’s Léger & Lloyd’s Neal to lead Insurance Europe’s RAB

June 14, 2024
SCOR’s CEO Thierry Léger and Lloyd’s CEO John Neal have been appointed chair and vice-chair of Insurance Europe’s Reinsurance Advisory Board (RAB) respectively.Thierry Léger takes over from Gen Re’s Charlie Shamieh, who has held the RAB chairmanship since June 2023.A well-known figure in the reinsurance industry, Léger has 25 years of experience, having served as CEO of SCOR since May 2023.John Ne

Insured losses in Germany from Central Europe floods could hit $3.2bn: Moody’s RMS

June 14, 2024
Estimated insured losses in Germany from the Central Europe Floods will likely fall within the range of €2 billion to €3 billion (US$2.1 billion to US$3.2 billion), Moody’s RMS Event Response has stated.Heavy and persistent rainfall fell across central European areas between May 28, and June 3, with major flooding hitting parts of Germany.Between May 30 and June 3, southern Germany experienced a p