Nikolaus von Bomhard will depart as CEO of reinsurer Munich Re in April 2017, with his role to be filled by Joachim Wenning.
Wenning joined Munich Re in 1991 and has been responsible for the company's international life reinsurance business on the board since 2009. He also had responsibility for human resources and was made...
Damages from flooding earlier this year are less than originally thought, Perils has said.
Brexit will have little impact on the financial services sector and a workable agreement with the European Union will be “straightforward”, according to Managing Partners Group.
Direct line has seen more than 200 claims for lightning damage to homes so far this month, with some claims worth up to almost £46,000.
The Federation of European Risk Management Associations today elected three new board members with hopes of generating fresh perspectives.