Market Brief
Leadership changes in reinsurance firms
Friday, June 5, 2026
Market Memo
Ashley Hirst will return to Swiss Re as Head Portfolio Strategy & Steering on June 8, 2026, aiming to improve financial performance and sustainability. Additionally, Cedar Trace has appointed Chris Wilson as Managing Director of Capital Management to strengthen its insurance-linked securities platform. Meanwhile, Moody's has issued a warning about potential $375 billion uninsured flood losses in the U.S., indicating a significant protection gap.
This week has seen notable leadership changes in major reinsurance firms, reflecting ongoing strategic shifts in the market. The warning from Moody's adds urgency to discussions around risk management and capital allocation in light of increasing natural disaster exposure.