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A year of change

Cordoned off red carpet up stairs leading to gold trophy

The recession has taken its toll on combined ratios in reinsurance but the top-25 reinsurance groups are still well positioned to ride out the economic storm, writes Katherine Blackler.

For many reinsurers, 2008 was a hard year. Continuing losses from several years of poor hurricane seasons were exacerbated by poor investment returns.

The results for the top-25 reinsurers in 2008

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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