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Tony Cheng begins tenure as CEO of RGA

It was announced a year ago that Tony Cheng would succeed Anna Manning, who has now left Reinsurance Group of America (RGA) after roughly 17 years of service, as Chief Executive Officer (CEO) of the life and health reinsurer.

Intact estimates Q1’25 cat losses at $244m

Intact Financial Corporation, a Canadian property and casualty insurer, has estimated total catastrophe losses for the first quarter of 2025 of approximately $244 million, pre-tax and net of reinsurance.