| Register for our Prospectus 2021 conference "Reinsurance is in a state of flux": Willis Re's James Vickers Reinsurers have lagged behind other areas of the market in remediation of prices, he says. Everest Re expects $300m of net Q3 catastrophe losses The company expects to report "significant net income" despite the impact of hurricane activity. Cincinnati Financial found liable in major COVID-19 BI case A judge ruled that the virus caused a "physical loss" to businesses. Swiss Re backs Cover Genius parametric quake cover for California businesses The insurtech is working with tech giant Intuit, as well as underwriting firm Palomar. Sompo International appoints Mike Connelly as CFO, Global Reinsurance Connelly previously served as CFO, Specialty Commercial at The Hartford. Pioneer agrees terms for Russell Coward acquisition Coward is Pioneer's Head of Risk & Compliance and Company Secretary. QBE appoints Richard Pryce interim CEO as search continues Former CEO Pat Regan departed following an external review of his workplace communications.  Kettle Re – Using deep-learning to make climate-linked risks reinsurable The new start-up raised $4.71 million in its first seed financing round. HCI reports estimated Q3 losses The company put losses from Hurricane Sally alone at $17.7 million. Swiss Re facilitates $775m cat bond for CEA This is reportedly the largest catastrophe bond issuance of 2020. Munich Re Speciality launches new cyber, tech E&O Solutions The solutions are designed to protect US firms with domestic and/or global exposure. Genworth Mortgage Insurance obtains $349.6mn coverage from Triangle Re It's the second ILN issuance for Genworth MI and the third credit risk transfer since the pandemic. ESG fund assets forecast for explosive growth, a huge ILS opportunity PwC says there could be a "paradigm shift" in the investment markets.  John Alfieri to succeed outgoing Chubb Canada president Ellen Moore Moore will transition to chair of operations and continue in an advisory capacity. AM Best highlights insurer challenges ahead of LIBOR transition With less than a year and a half to go, the rating agency noted several operational and legal issues. COVID-19 driving up P/C inland marine underwriting losses: Fitch Ratings Traditionally, the segment has exhibited limited underwriting volatility. Transamerica Life Bermuda CEO to retire, successors named Chirag Rathod will take on the role of CEO and Hazel Etherington will become President. Sun Life takes majority stake in Credit Capital Group Crescent will form part of SLC Management, Sun Life's alternatives asset management business. US insurers under pressure after doubling private placement assets: AM Best Analysts expect to see an increase in covenant waivers to avoid defaults following the pandemic. TMK adds Elisabeth Ibeson as Chief People Officer Ibeson previously led the HR function at Gallagher for eight years. 
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