TransRe

Civil case, nuclear verdict and claims count data show worrying trends.

The promotions will help TransRe strengthens its cyber focus.

A quick roundup of today’s need-to-know news.

This publication recently noted that ongoing rate declines and questions about past accident years are leading to calls for D&O price discipline.

As part of a number of senior role changes, the reinsurer promoted Ben Hodge to the role of head of US property, treaty and facultative.

Sources said the executive, who has over two decades of experience in the (re)insurance sector, will take a position at regional intermediary Reasinter.

Industry veteran Paul Bonny will continue to offer advice to the company through his ongoing role as non-executive director.

The companies will likely “benefit from the vast financial resources and financial flexibility,” the agency said after the completion of the merger deal with Berkshire Hathaway.

In tandem, the reinsurer elevated Stephanie Danbrowney to take over Crutchley’s previous role as head of US facultative casualty.

Inside P&C’s morning summary of the key stories to get you up to speed fast.

The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.

As part of senior role changes, TransRe has also promoted Brian Gallahue to the role of deputy CFO.