Reinsurance News
New York Life
The Mutual Group appoints Brett Humphrey as SVP & CFO
27th June 2024
The Mutual Group, an integrated insurance operations platform serving the mutual industry, recently announced the appointment of Brett Humphrey as Senior Vice President (SVP) & Chief Financial Officer (CFO). Humphrey, who has nearly 20 years of leadership experience in global financial services, will lead high-performing finance organisations within The Mutual Group. In ... Read the full article
ISC introduces New Marine Division with seasoned industry experts
21st June 2024
Integrated Specialty Coverages (ISC), a programme administrator based in Carlsbad, California, specialising in creating comprehensive insurance solutions using advanced artificial intelligence (AI) and data analytics, has recently introduced its new Marine Division. This division is led by experienced industry professional Kevin Wolfe, along with John Kiernan and Marquam “Marq” Wolfe. Matt Grossberg, ... Read the full article
Canopius appoints Chris Getty as new cyber underwriter
18th June 2024
Canopius Group, a global specialty and property and casualty (re)insurer, has announced the immediate appointment of Chris Getty as Cyber and Technology Underwriter. Getty will enhance Canopius’ cyber and technology capabilities and will report directly to Mike Shen, Head of Cyber & Technology for the London Market. Shen added: “Chris is a ... Read the full article
DeSanto assumes position as New York Life CEO
19th April 2022
US domiciled mutual life insurer, New York Life has announced that Craig DeSanto has taken over as the company’s Chief Executive Officer (CEO). DeSanto was named CEO-elect in November 2021, after serving as a member of New York Life’s Board of Directors since February 2021, and as New York Life’s ... Read the full article
New York Life names Craig DeSanto as CEO
18th November 2021
US domiciled mutual life insurer, New York Life has appointed Craig DeSanto as Chief Executive Officer (CEO), subject to regulatory approvals. DeSanto, who is currently the company’s president, will succeed Ted Mathas, who has served as CEO for nearly fourteen years. He will remain chairman of the board in a non-executive capacity ... Read the full article
New York Life acquires Cigna businesses
7th January 2021
US domiciled mutual life insurer New York Life has completed its $6.3 billion acquisition of health insurer Cigna’s life, accident, and disability insurance business. The acquisition, which was first announced in 2019, adds approximately 3,000 employees and over nine million customers to New York Life’s portfolio. The new business will be ... Read the full article
New York Life to purchase Cigna’s group life & disability insurance business
19th December 2019
U.S. domiciled mutual life insurer, New York Life, has entered into a definitive agreement to acquire Cigna's group life and disability insurance business for USD 6.3 billion. The transaction is expected to close in the third-quarter of next year and remains subject to regulatory approvals and other customary closing conditions. Once completed, ... Read the full article
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