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Admiral strikes new reinsurance deals with Mapfre and XL Re

Henry Engelhardt Admiral

Motor insurance specialist Admiral this morning revealed that it plans to extend its existing reinsurance partnerships with Swiss Re, New Re and Hannover Re and is entering into new deals with Mapfre Re and XL Re for 2011 to 2013.

It said these new reinsurance arrangements, including profit commission terms, are similar to its current arrangements with New Re and Hanover Re.

The new deals will operate alongside its existing

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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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