Foster most recently held the role of property underwriter at Beazley, where she has worked since 2017
Operating earnings per share rose to 19¢ from 16¢
The reserve hike is a result of an increase in information compared with the first quarter of the year
Despite ‘fierce headwinds from inflation, the cooling economy and the war in Ukraine’, German reinsurance giant generates €768m profit in the second quarter of 2022
Loss reflects a negative $65.1m swing in realised investment losses and a 44% decline in earned investment income
Perils including floods and wildfires are now ‘producing outsized losses’ and triggering reinsurance programmes, Reask's Hassam says
Adjusted operating income per share rose to $5.78 from $4.00, more than doubling analysts' forecast of $2.72
Major losses amounted to €850m, smashing the company’s expectations of €611m, with €316m connected to the Ukraine war
Carrier slashes reinsurance premiums 21% in the first half of the year as COR falls to 95.6% despite Ukraine losses
Hedge fund reinsurer's investment income increases more than eight-fold to $17.2m and underwriting income more than doubles to $9.3m
Broker hires Aon's David Cousar to drive facultative reinsurance growth in Asia and Australia
Zurich-based reinsurer says the market ‘remains not well priced’ and fails to accept catastrophe cost is likely to be larger than in the past
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