Reinsurance News
Pool Re
Pool Re sponsors second catastrophe bond
17th February 2022
UK government-backed terrorism reinsurer Pool Re has returned to the capital markets to renew its Baltic terrorism cat bond in a £75 million deal. The Baltic PCC Limited (Series 2022-1) cat bond issuance will follow on from Pool Re’s first cat bond issuance in 2019, which matures at the end of ... Read the full article
Pool Re CEO takes on new role at Cambridge Centre for Risk Studies
25th January 2022
Julian Enoizi, CEO of Pool Re, has joined the Cambridge Centre for Risk Studies (CCRS) in a role set to start next week. According to the CCRS, the role was created to bring in senior executives from companies in a variety of industries to contribute their practical experience to the Centre’s ... Read the full article
Pool Re investing into research on systemic risks
18th January 2022
Pool Re will be one of the investors in a new research consortium aimed at protecting society from future systemic risks. The consortium, which will be led by the Cambridge Centre for Risk Studies, along with the University of Cambridge’s Judge Business School will "support the creation and extension of private-public ... Read the full article
Pool Re’s Enoizi to step down as CEO
22nd November 2021
UK government-backed terrorism reinsurer Pool Re has announced that its current Chief Executive Officer Julian Enoizi will step down from his position in the spring of 2022. Enoizi has spent the past eight years leading the company and has spearheaded global collaboration through the foundation of the International Forum of Terrorism ... Read the full article
Pool Re partnership to explore links between climate & terror
3rd November 2021
UK government-backed terrorism reinsurer Pool Re has partnered with global terrorism pools forum IFTRIP and the National Consortium for the Study of Terrorism and Responses to Terrorism (START) to explore the impact of climate change on terrorism. Together, the trio will produce a series of rapid reports underlining the impact that ... Read the full article
Pool Re’s Enoizi named IIL President, Deputy
28th September 2021
Pool Re Chief Executive Officer Julian Enoizi has been appointed President and Deputy for the Insurance Institute of London for 2021-2022. Enoizi is expected to draw on his speaking abilities at conferences worldwide by advocating the importance of public/private partnerships and international collaboration to tackle difficult to insure perils facing the ... Read the full article
Pool Re names Angela Knight as non-executive chair
17th September 2021
UK government-backed terrorism reinsurer Pool Re has appointed Angela Knight CBE to its board of directors as non-executive chair. Knight has previously held roles including economic secretary to the Treasury, chief executive of the British Bankers Association at a critical time in financial services, chair of the Office of Tax ... Read the full article
Pool Re sets up systemic risks advisory group
8th July 2021
UK government-backed terrorism reinsurer Pool Re has announced the formation of a new expert advisory group to explore how to better protect the UK economy from systemic risks. Re:New will bring together figures from re/insurance, government, industry and academia to discuss how re/insurers, the private sector, public sector and the public ... Read the full article
Pool Re warns of post-lockdown terror risks
10th May 2021
British terrorism reinsurer, Pool Re has launched a new series of Sector Risk Reports which focuses on public transport and facilities. The initial report explains that the sector remains an attractive target for terrorists due to the high concentration of potential victims and the low complexity of planning required to cause ... Read the full article
Pool Re adds Claudio Gienal & Alan Rubenstein to its Board
12th March 2021
UK government-backed terrorism reinsurer Pool Re has announced the additions of Claudio Gienal and Alan Rubenstein to its Board, effective March 11th, 2021. Gienal serves as the Chief Executive Officer (CEO) of AXA UK & Ireland, a member of Pool Re, while Rubenstein is the Chairman of NHBC. Both appointments will contribute ... Read the full article
Pool Re hires Katy Huang as head of digital transformation
3rd March 2021
UK government-backed terrorism reinsurer Pool Re has appointed Katy Huang as head of digital transformation. In this newly created role, Huang will be responsible for the design and implementation of the company’s digital strategy, managing both the in house IT team and Pool Re’s outsourced partners. Her appointment will take place effective ... Read the full article
Pool Re wraps up £2.5 billion terrorism retrocession placement
25th February 2021
UK government-backed terrorism reinsurer Pool Re has secured the placement of its three year, £2.475 billion retrocession programme involving 56 global reinsurers. Munich Re led the placement along with Hannover Re and Fidelis, both of who provided significant capacity. The retrocession covers property damage arising from nuclear, biological, chemical, and radiological attacks ... Read the full article
Pool Re issues strategy paper coinciding with government review
1st October 2020
Pool Re, the UK's government-backed terrorism reinsurer, has released a forward-looking strategy paper that coincides with the government's latest five year review. The review aims to ensure the good functioning of the UK’s terrorism re/insurance market, proper protection of public interests, and Pool Re’s proposed strategic direction for the next ... Read the full article
UK Treasury launches review into Pool Re
3rd September 2020
The UK Treasury has announced the launch of its latest five-year review of Pool Re, the country’s government-backed terrorism reinsurer. The review will aim to ensure the good functioning of the UK’s terrorism re/insurance market, proper protection of public interests, and Pool Re’s proposed strategic direction for the next five years. It ... Read the full article
Pool Re report highlights COVID-19’s global impact on terrorism
12th May 2020
A new report from Andrew Silke, a Professor for Pool Re and Cranfield University, has highlighted the ways in which the COVID-19 pandemic is impacting terrorism around the world. There are currently mixed opinions on the pandemic's short-term impact on the level of attacks in the short-term. It's understood that lockdown measures ... Read the full article
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