Reinsurance News
Your search for “QBE”
W. Marston Becker to succeed Henry Smith as AXIS non-exec Chair
29th February 2024
Global specialty underwriter and provider of re/insurance solutions, AXIS Capital has announced the appointment of W. Marston (Marty) Becker as non-executive Chair of its Board of Directors. Becker will take over the position in May 2024, timed to the company’s Annual General Meeting, succeeding Henry B. Smith, who has served as ... Read the full article
AXIS promotes Edward Ashby to Chief Commercial Officer
29th February 2024
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, has promoted Edward Ashby to the newly created position of Chief Commercial Officer, in addition to his current role as the Global Head of Distribution for insurance. With his new role, Ashby takes on responsibility for elevating AXIS’ business development strategies, enhancing its ... Read the full article
AXA XL names new Head of M&A & Title, UK & Lloyd’s
23rd February 2024
AXA XL, the P&C and specialty risk division of global insurer AXA, has announced the promotion of Simon Price to Head of M&A & Title – UK & Lloyd's. Price has been with the company for seven years, and has held several management roles within the Mergers & Acquisitions (M&A) team. Having ... Read the full article
Kairos names Lim as Managing Director, Southeast Asia
22nd February 2024
Singapore-based risk consultancy firm, Kairos Risks Solutions has announced the appointment of Albert Lim as Managing Director, Southeast Asia. Kairos also has a presence in Shanghai and it primarily develops insurance products such as parametric, agriculture, trade credit and surety, for brokers and insurers. A well-respected veteran in the Political Risk, Trade ... Read the full article
Enstar reports net income of $1.1bn with ROE of 24.2% for FY23
20th February 2024
Enstar has released its full-year 2023 results, announcing net income of $1.1 billion compared to a net loss of $906 million for 2022. The firm's return on equity (ROE) of 24.2% for the year improved significantly from the prior year. The strong ROE performance was driven by investment returns of $1.1 ... Read the full article
Markel names Jack Matthews underwriter for War and Terrorism portfolio
12th February 2024
Markel has announced the appointment of Jack Matthews as Underwriter for its War and Terrorism portfolio. According to Markel, Matthews' primary objectives in the new role will involve supporting the senior members of its War and Terrorism team by identifying new opportunities to accelerate growth across the portfolio. He will also reportedly ... Read the full article
New Energy and Marine hires support SiriusPoint growth plans
5th February 2024
Speciality re/insurer SiriusPoint has announced a number of appointments to its Marine and Energy teams, including Chris Fenn’s as Head of Marine and John Hopper as Head of Energy. SiriusPoint stated: “The appointments sharpen the Company’s focus on the strategic growth of its Marine and Energy business lines, and strengthen its ... Read the full article
Aspen Insurance names Sarah Stanford as Interim CEO of Aspen UK
17th January 2024
Aspen Insurance Holdings Limited has announced the appointment of Sarah Stanford as the interim CEO of Aspen UK, effective immediately. Stanford, currently serving as the Active Underwriter of Lloyd's Syndicate 4711, representing approximately 75% of Aspen's UK business, steps into the role with over 25 years of industry experience. In 2023, Stanford ... Read the full article
Dale Underwriting appoints Carter Class Underwriter, Energy and Liability insurance
15th January 2024
Dale Underwriting Partners, the trading name for Dale Managing Agency Limited’s Lloyd’s Syndicate 1729, has appointed Andrew Carter as Class Underwriter, Energy and Liability insurance. Carter joins Dale from Markel International, where he most recently served as Director of Liability. Before this, he worked at QBE Syndicate 1036 for nearly two decades, ... Read the full article
Canopius appoints new Heads of Distribution for U.S. and UK
9th January 2024
Specialty and P&C re/insurer Canopius Group has appointed Uwe Schoberth as Head of Distribution, U.S. and Bermuda, and Matthew Crane as Head of UK Distribution. The appointments are effective immediately, with Schoberth set to join the Canopius U.S. Executive Committee, and Crane to serve on the Canopius UK Executive Committee. Collectively, Schoberth ... Read the full article
Gallagher Re hires Hamilton Re’s Sammons as Head of Aerospace UK
3rd January 2024
Reinsurance brokerage Gallagher Re has hired Hamilton Re's Richard Sammons as Head of Aerospace for the UK division. A well-known figure across the specialty reinsurance landscape, Sammons brings 25 years of broking and underwriting experience towards his new role. For the last 10 years, Sammons has served as Head of Specialty at ... Read the full article
Aon Client Treaty expands line size to 22.5% for 2024
11th December 2023
Global insurance and reinsurance broker Aon has announced the successful renewal and expansion of Aon Client Treaty (ACT), the firm's flagship London Market placement facility. According to the announcement, in 2024, ACT will offer 22.5% co-insurance across core lines of business placed through Aon’s Global Broking Centre (GBC) in London. This ... Read the full article
Concert promotes Alison Davidsen to COO
7th December 2023
Concert Group Holdings, Inc. a privately owned insurance holding company, has promoted Alison Davidsen to the newly created role of Chief Operating Officer. Davidsen joined Concert in July 2022 taking on the role of Vice President, Client Management and Operations. In her new role, she will report to Chief Executive Officer John ... Read the full article
POP names Nicole Coleby as Managing Partner of Operations
6th December 2023
Pop Group Holdings (POP) has announced the appointment of Nicole Coleby as Managing Partner of Operations. In her newly formed role, Coleby will oversee operations across POP's key entities, including Fusion Specialty M&A and Financial Lines MGAs, and io.insure, its dedicated small to mid-market InsurTech and M&A Tech platform. This entails managing ... Read the full article
HDI Global SE Singapore enters Asian A&H market with new hire
6th December 2023
Industrial insurer HDI Global SE Singapore is set to enter the Asian Accident and Health (A&H) market with the underwriting appointment of Lisa Leow, who joins from Starr Insurance and brings more than two decades of insurance industry experience to her new role. The appointment is effective immediately. Leow's remit will ... Read the full article