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Greater Insurability of Climate Risk is Key to Global Economic Resilience: Aon Catastrophe Report
Published on January 22, 2025
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Ascot appoints Everest’s Herman as Group Head of Underwriting Performance Management
January 22, 2025
Ascot, a Bermuda-domiciled global specialty insurer, has appointed Eric Herman to the newly created role of Group Head of Underwriting Performance Management, based in the company’s Iselin, New Jersey office.In this role, Herman reports to Elizabeth Johnson, the Group’s Chief Operating Officer and Mark Pepper, the Group’s Chief Underwriting Officer.His remit includes working closely across functio
Munich Re execs confident on €6bn profit target despite LA wildfire impact: Reports
January 22, 2025
Executives at Munich Re, one of the world’s largest reinsurance companies, confirmed recently that although the Los Angeles wildfires will be a major loss for the firm, it will remain below its provision for natural catastrophe events, with the reinsurer confident of achieving its net profit target of €6 billion for 2025, according to reports.Back in mid-December, Munich Re revealed that it was ai