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 names Steddon Head of Crisis Management, UK & Lloyd’s and GCUO
1st March 2024
AXA XL, the P&C and specialty risk division of global insurer AXA, has made two strategic senior appointments, including the promotion of Mark Steddon to Head of Crisis Management, UK & Lloyd's and GCUO. Steddon previously served as the Head of UK and Global Product Head, War, Terrorism and Political Violence ... Read the full article
RLI Corp. promotes Porter to VP, RLI Executive Products Group
1st March 2024
RLI Corp., the specialty insurer, has promoted Kerrick Porter to the role of Vice President, RLI Executive Products Group, effective May 17, 2024. Porter will take over the role from Chad Berberich, who will be retiring on May 17 2024 after 21 years of service to RLI. According to the firm, in ... Read the full article
Aon names Tracy Lee Kus Head of North Asia, comprising Japan and Korea
1st March 2024
Aon has announced the appointment of Tracy Lee Kus as Head of North Asia, comprising Japan and Korea, with immediate effect. In the new role, Kus will reportedly work closely with Tatsuya Yamamoto, Head of Aon Japan, and Kevin Kim, Head of Aon Korea. Aon explained that the move builds on "the ... Read the full article
Miller expands into parametric insurance market
1st March 2024
Insurance and reinsurance broker Miller's expansion into the parametric insurance market will be led by Alice Glenister, who joins the firm from Mastercard where she was Director of Insurance. Miller's newly formed parametric team will have an exclusive focus on parametric insurance and bring deep knowledge of the application of parametric ... Read the full article
Marsh McLennan appoints David Liston as Chief Commercial Officer, US & Canada
1st March 2024
Global insurance and reinsurance broking group Marsh McLennan has appointed David Liston as the Chief Commercial Officer (CCO), US and Canada, effective immediately. He will have a dual line of reporting to Pat Tomlinson, Chief Executive Officer, Marsh McLennan US and Canada and President of Mercer, and Hans van Heukelum, Global ... Read the full article
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
Allianz Partners appoints Jacob Fuest as new CMO
29th February 2024
Allianz Partners, a global insurance and assistance company, has announced the appointment of Jacob Fuest to the position of Chief Markets Officer (CMO) and Member of the Board of Management. In his new role, Fuest will focus on helping Allianz Partners' business units worldwide grow more effectively. Fuest has been part of ... Read the full article
Johan Slabbert to step down as CEO of MSIG Holdings U.S.A
29th February 2024
Johan Slabbert, the Chief Executive Officer of MSIG Holdings (U.S.A.), Inc., is set to depart from his role to pursue new opportunities. Effective immediately, Takehisa Chiba, the Chairman of MSIG Holdings (U.S.A.), Inc., will step into the role of Chairman and Interim Chief Executive Officer to facilitate a seamless transition. Chiba will ... Read the full article
Lockton makes key hires to expand Lawyers Professional Liability Practice
29th February 2024
Insurance broker Lockton has announced that Eric Braverman and Eric Bill are joining the firm to build out its Lawyers Professional Liability Practice. Braverman is reportedly joining as Senior Vice President, Professional Services Practice Leader, while Bill is joining as Senior Account Executive. As per Lockton, Braverman will report to Chris Casper, ... Read the full article
Michael Hinz to take over from Markus Eugster as CEO of Korean Re Switzerland
29th February 2024
Michael Hinz, who has served as Korean Re Switzerland's Chief Underwriting Officer since 2021, will assume the Chief Executive Officer (CEO) role on July 1st, 2024. Korean Re Switzerland is a wholly owned subsidiary of Seoul based reinsurer Korean Re, which secured a FINMA reinsurance license and 'A' stable rating by ... 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
Blue Ocean Reinsurance launches as new Cayman-based MGA
29th February 2024
A new managing general agent (MGA) platform, Blue Ocean Reinsurance Group, has recently been announced, based in the Cayman Islands. This platform aims to support current and incoming reinsurers to the Cayman Market, as well as larger, complex captives. Ruwan Jayasekera, chief operating officer of the newly formed group, states, “Subject to ... Read the full article
Shukri Abou Jaoude appointed Deputy General Manager at Chedid Re Lebanon
29th February 2024
Chedid Re's Shukri Abou Jaoude has been appointed to the role of Deputy General Manager at Chedid Re Lebanon, in addition to his current role as Senior Director for the Health, Life, and Travel Treaty Division. Shukri has been with Chedid Re for over five years. He joined the firm in 2019 taking on ... Read the full article
AXIS announces two new hires, appointing Lord as CIO
28th February 2024
AXIS Capital has announced the appointment of Stephen Lord as Global Chief Information Officer (CIO) and Robert Barriero as Global Head of Strategic Sourcing and Corporate Real Estate. In his new role as Global CIO, Lord will report directly to CEO Vince Tizzio and serve on the company’s Executive Committee. Lord is ... Read the full article
Fusion appoints Steven Harwood as Managing Partner M&A in APAC
28th February 2024
Fusion Specialty (Fusion), a global specialist in M&A insurance and a subsidiary of POP Group Holdings, has appointed Steven Harwood as Managing Partner for M&A in the Asia Pacific (APAC) region. In this new role, Harwood will lead Fusion's M&A team in APAC, overseeing operations from New Zealand to India. With ... Read the full article