Reinsurance News

Insurance Council of Australia adds Lloyd’s & Zurich representatives to Board of Directors

8th May 2017 - Author: Luke Gallin

The Insurance Council of Australia (ICA) has announced that Chris Mackinnon, Lloyd’s Australia Ltd’s General Representative in Australia and Rajbir Nanra, Chief Executive Officer (CEO), General Insurance, Zurich Financial Services Australia Ltd, have joined the ICA Board of Directors.

The new appointments takes the number of non-executive directors to 11, the first time it’s been this high since the retirement of reinsurer Munich Re’s Heinrich Eder in 2016. Along with the appointment of Mackinnon and Nanra, which were each appointed for 12-month terms, the ICA announced the re-election of nine non-executive directors.

Rob Whelan, CEO and Board Executive Director, ICA, said; “I am pleased to welcome representatives from Zurich and Lloyd’s to the ICA Board for the first time in two years. The Board’s collective knowledge and performance will be strengthened by their insights. Chris and Raj bring extensive experience of insurance throughout the Asia-Pacific region, and I look forward to their contribution throughout the coming year.

“The industry has rarely faced greater scrutiny from governments and regulators. But under the continued leadership of ICA President Anthony Day, I am confident the Board will guide the industry to ever greater levels of stability, growth and customer satisfaction.”

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