securitization News

Swiss Re announced that Christian Mumenthaler, 46, currently CEO of Reinsurance, will become group chief executive officer on July 1, succeeding Michel M. Liès, who is retiring. Since October 2011, Mumenthaler has successfully led the Reinsurance business unit, “maintaining underwriting …

The European Union will ease capital rules it has imposed on banks and insurers since the financial crisis to help markets raise more funds for reviving sluggish economic growth. The bloc’s financial services chief, Jonathan Hill, announced his “action plan” …