Robert Paiano to replace Robert Rupp
Contract with Berkshire Hathaway costs $650m
Proliferating risks make new demands of managers, says Pete Thomas, CRO of Willis Re; hence his belief in the importance of risk inventories as a guide to the complete range of exposures. With the right ERM approach, risk can be seen as an opportunity, he tells Sarfraz Thind.
Investor demand sees deal value double in size
Two cat bonds have come to market in recent weeks, but the litmus test will be activity in the second quarter.