Reinsurance News

People moves

News on insurance and reinsurance industry hiring, appointments and people move news and announcements. Covering key hires and people moves across the global reinsurance, commercial and specialty insurance markets.

AXA XL appoints new east coast environmental insurance lead

22nd October 2021

AXA XL's environmental insurance business has appointed Joseph Madigan to lead its east coast business, with Tim Chung stepping into Madigan’s previous role as head of environmental for the central region. Madigan now assumes underwriting management responsibility of the organisation's largest region, working with brokers and clients all along the East ... Read the full article

AGCS’ ART division appoints Houlihan to lead Americas on permanent basis

22nd October 2021

Allianz Global Corporate & Specialty (AGCS) has named Thomas Houlihan as the firm's permanent regional head of Americas within its Alternative Risk Transfer (ART) division. Based in New York, he reports to Grant Maxwell, global head of ART. Houlihan has been serving in this role on an interim basis since May 2021 ... Read the full article

Ascot appoints Peter Trochev to run Financial Institutions unit

22nd October 2021

Specialty insurer and reinsurer Ascot Group has announced the appointment of Peter Trochev as Senior Vice President and Head of Financial Institutions (FI). Trochev will lead Ascot’s FI strategy with a focus on expanding the range of FI products offered by Ascot throughout the US. He joins Ascot from Nationwide, where he ... Read the full article

Elementum names new Managing Director, Head of Actuarial & Valuations

22nd October 2021

Elementum has appointed Jacqueline Muschett as Managing Director, Head of Actuarial & Valuations, where she will repot directly to the firm's Chief Financial Officer. Muschett will be responsible for driving Elementum's processes around loss-reserving and determining fair value of investments, helping to guide and enhance the firm's investment research, portfolio construction, ... Read the full article

AXA XL adds senior underwriter to war, terrorism & political violence team

22nd October 2021

AXA XL has appointed Francisco Arias to its crisis management and specialty risk business as senior underwriter for war, terrorism & political violence. Based in Atlanta, Arias reports to Morgan Shrubb, Head of terrorism in the US. He will now will be responsible for upholding a high standard of business while implementing strategy ... Read the full article

Adderley takes Office Managing Partner position at Appleby

22nd October 2021

Global law firm Appleby has announced the appointment of Brad Adderley as its new Office Managing Partner in Bermuda, effective 1 January 2022. Tim Faries, who has completed two terms as Office Managing Partner in Bermuda, will continue with his global position as CEO of Appleby Global Services (AGS), Appleby’s specialist ... Read the full article

Aon appoints Aspen’s Tim Aman to lead Re Solutions’ US actuarial team

21st October 2021

Re/insurance broker Aon has added Tim Aman to lead the US actuarial team within its Reinsurance Solutions business as an executive managing director. He reports to Brian Alvers, Global Chief Actuary and head of Casualty Analytics. Aman will be based in New York and focus primarily on building the team’s commercial client ... Read the full article

Beazley adds Hiscox’s Simon Wilson to lead Open Market business

21st October 2021

Beazley has appointed Simon Wilson to serve as its Head of Open Market, a London-based role that involves directing and managing teams within the Property team and providing insight on market issues. Wilson is described as a seasoned underwriter and achieved success with Primary and Excess Property D&F products. He will join ... Read the full article

WTW bolsters Southeast and Mid-Atlantic FINEX teams

21st October 2021

Re/insurance broker Willis Towers Watson (WTW) has announced several senior appointments within its Financial, Executive and Professional Risks (FINEX) teams for the Southeast and Mid-Atlantic regions. Samuel Stern has been appointed as Director, Southeast FINEX Commercial Team Leader, reporting into Chris LoRe, Senior Director, Commercial East leader. Stern will be responsible for ... Read the full article

BF&M names Abigail Clifford as President and Group CEO

21st October 2021

BF&M Limited, the Bermuda-based re/insurance holding company, has appointed Abigail Clifford as President and Group Chief Operating Officer, and CEO Designate of the BF&M group of companies. A date for the transition has not been set and John Wight remains Group Chairman and CEO. The selection of Abigail Clifford as President & ... Read the full article

AXA XL appoints Danielle Roth to lead North American cyber claims

21st October 2021

AXA XL has announced the appointment of Danielle Roth as Practice Leader and Head of Cyber Claims, North America. Roth will be responsible for developing and implementing the segments’ claims strategy and best practices, as well as coverages analysis, claims investigations, reserving and resolution of claims. She has 10 years of Cyber ... Read the full article

Brunel Professions names new Divisional Director of London Markets

21st October 2021

Brunel Professions has appointed Wesley Richards as Divisional Director of London Markets. In this role, Richards will be responsible for the London market broking strategy as well as insurer relationships. He brings over 25 years of London market experience and an established reputation as a leading broker in the professional indemnity sector. With ... Read the full article

BMS acquires Value-add Insurance Broker

21st October 2021

Independent reinsurance broker BMS, has acquired Seoul-based insurance broker, Value-add Insurance Broker (VIB). As part of the acquisition, VIB will become a newly-licensed entity called BMS Korea, operating under the wider BMS Asia team, and will provide specialist M&A insurance solutions to the Korean market. The move is part of BMS’ strategy ... Read the full article

Berkshire Hathaway adds two to Board of Directors

21st October 2021

Warren Buffett’s insurance and reinsurance entity, Berkshire Hathaway Inc., has announced the additions of both Susan A. Buffett and Christopher C. Davis to its Board of Directors. Susan Buffett currently serves as the Chairperson of the Susan Thompson Buffett Foundation and also the Chair of the Sherwood Foundation, both of which ... Read the full article

Qatar General Insurance & Reinsurance announces board resignation

21st October 2021

Qatar General Insurance and Reinsurance Company has disclosed the resignation of Faleh Mohammed H A Al-Nasr from the membership of its Board of Directors. The company assured that the resignation was due to personal reasons. The Board of Directors and the Executive Management expressed their gratitude and appreciation to Faleh Mohammed H ... Read the full article

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