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.

Aon’s reinsurance business announces new hire & series of UK leadership changes

7th September 2018

Global re/insurance broker Aon has announced a series of role changes within its London-based UK leadership team as well as the hiring of Peter Stubbings as a replacement for outgoing Chief Executive Officer of Global ReSpecialty, Bob Bisset. Bisset will become UK Growth Leader, overseeing Aon’s nine UK business divisions. He ... Read the full article

Gallagher promotes Steve Kluting within Food & Agribusiness Practice Group

7th September 2018

Gallagher has announced that it has promoted Steve Kluting to national director of product recall, within its Food & Agribusiness Practice Group. Kluting joined Gallagher in 2014, and has 18 years of experience as a "food lawyer", says Gallagher. He helps the firm's food, beverage and restaurant clients prepare for food ... Read the full article

Occam adds Alan Punter to Board as Non-Exec Director

7th September 2018

Specialty Lloyd’s of London managing general agent (MGA), Occam Underwriting, has added Dr Alan Punter to its Board as a Non-Executive Director. Punter worked for 25 years in global insurance broking groups Sedgwick, Alexander & Alexander and then Aon, where he was Managing Director in the Chairman's Office, and Chief Executive ... Read the full article

IDF appoints Ekhosuehi Iyahen as its first Secretary General

6th September 2018

The Insurance Development Forum (IDF), a partnership of the World Bank Group, the United Nations Development Programme, and global insurers, has appointed Ekhosuehi Iyahen as its first Secretary General, effective 1 October 2018. The organisation says Iyahen will be a visible and central point of contact for the IDF, establishing and ... Read the full article

Liberty Specialty appoints General Manager of Insurance for Germany

6th September 2018

Liberty Specialty Markets (LSM), the London-headquartered unit of Liberty Mutual Insurance Group, has announced the appointment of Ronan Gerety as General Manager of Insurance, Germany. Gerety brings over 30 years’ experience to the Cologne-based role and joins from from Ironshore International, where he was Head of Continental European distribution since 2016. “Our ... Read the full article

St. Maarten joins Caribbean Catastrophe Risk Insurance Facility

6th September 2018

St. Maarten has become the 20th country to join the Caribbean Catastrophe Risk Insurance Facility (CCRIF) SPC, purchasing coverage for tropical cyclones, earthquakes and excess rainfall. The island nation joined the Facility on September 1 as a late entrant this policy year, which began on June 1, following the British Virgin ... Read the full article

JLT Re hires Aon’s Vijay Mavani as Partner for Capital Solutions

6th September 2018

Reinsurance broker JLT Re has announced that Aon Benfield’s Vijay Mavani will be joining the firm as a Partner for its European and Global Capital Solutions business, starting in early 2019. Mavani has spent the previous 17 years at Aon Benfield, where he most recently served as Corporate Solutions Director. He ... Read the full article

GCube launches cyber risk cover for renewables

6th September 2018

Specialist renewable energy insurer GCube has a launched cyber risk policy aimed at protecting renewable energy sources from attacks. The policy follows a rise in cyber hostility towards global power generation and transmission infrastructure. “In the renewables market, the benefits of ‘big data’ and interconnectivity in driving operational efficiency are well-established ... Read the full article

Catalina Holdings appoints Parri Spector to newly-created Director role

6th September 2018

Bermuda-headquartered Catalina Holdings has appointed Parri Spector Director of M&A and Reinsurance Transactions, a newly-created role within the business. The company says Spector will focus on developing Catalina’s business in the U.S via opportunities presented by continued active deal flow. He will be located in Catalina’s New York office and will ... Read the full article

$125m insured losses expected from tropical storm Gordon: KCC

6th September 2018

High resolution modelling by Karen Clark & Co (KCC) estimates that the insured loss from Tropical Storm Gordon, which made landfall near the Alabama/Mississippi border on September 4 with 70 mph sustained wind speeds, will be close to $125 million. Modelled estimates include losses to residential, commercial, and industrial properties as ... Read the full article

Markel adds Jennifer Chang to Trade Credit and Political Risk team

6th September 2018

Markel Corporation has expanded its Trade Credit and Political Risk operations in New York with the appointment of Jennifer Chang as Underwriter and Senior Risk Analyst. Chang has nine years’ experience in the trade credit and insurance industry and has broad expertise in both commercial and risk underwriting, having most recently ... Read the full article

Praedicat adds former Zurich CUO & ex Director of Validus to its Board

6th September 2018

Praedicat, an InsurTech analytics company for property and casualty insurers and global industrial businesses, has appointed the retired Chief Underwriting Officer of Zurich North America, Mary Merkel, and former Director of Strategy for Validus Holdings, John Hendrickson, to its Board. “With Mary and John’s deep knowledge of insurance underwriting and strategy, ... Read the full article

Lockton establishes Capital Markets business, led by Vishal Jhaveri

5th September 2018

Global insurance and reinsurance broker Lockton has launched Lockton Capital Markets, a new operation that will facilitate investment banking and capital markets transactions, led by Vishal Jhaveri. Lockton Capital Markets will focus on the convergence between insurance and alternative capital, and will aim to provide niche, high impact solutions for insurers ... Read the full article

Swiss Re Corporate Solutions appoints Codding as Global Head of Cyber & Tech

5th September 2018

Swiss Re Corporate Solutions, the commercial insurance arm of the global reinsurance firm, has appointed Sandy Codding as Global Head Cyber & Technology, effective immediately. Codding brings over 30 years’ experience to the company and in his new role will be responsible for overseeing cyber and technology underwriting guidelines, rating methodology, ... Read the full article

Robus Group appoints Managing Director for Gibraltar

5th September 2018

Robus Group, an independent insurance management, fiduciary and financial advisory group has appointed Andy Matthews to lead its Gibraltar office as Managing Director (MD). Matthews was previously MD of a Gibraltar-based insurer and, prior to that, managed the business development for a global risk consulting company. “I’ve known of Robus since the ... Read the full article

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