Reinsurance News
People moves
News on insurance and reinsurance industry hiring, appointments and people moves. News and announcements covering key hires and people moves across the global reinsurance, commercial and specialty insurance markets.
Pasternak to succeed Hermelingmeier as CFO of HDI Global SE
8th November 2024
Industrial insurer HDI Global SE has appointed Dr. Stefan Pasternak, currently Chief Financial Officer (CFO) of Munich Re subsidiary, Great Lakes Insurance SE, to succeed Dr. Christian Hermelingmeier as its new CFO. Hermelingmeier moves internally within the Talanx Group as CFO of Hannover Re, effective April 1st, 2025. Pasternak brings with ... Read the full article
Miller expands Professional & Financial Lines division with key appointments
8th November 2024
Miller, an independent specialist in re/insurance broking, is pleased to announce the addition of Amanda Armitage and Scott Gorman to its Professional & Financial Lines division. Armitage joins Miller’s International Professions Team as Business Development Manager, bringing over 15 years of insurance industry experience with a focus on professional indemnity. She previously ... Read the full article
Marsh names Fraser International Corporate & Commercial Leader
8th November 2024
Insurance broker Marsh has announced the appointment of Alistair Fraser to the newly-created role of International Corporate & Commercial Leader, effective 1 January 2025. Alistair Brighton will take over Fraser’s role as CEO, Corporate & Commercial UK, also effective 1 January, 2025 and subject to regulatory approval, In his new role, Fraser ... Read the full article
AXA XL appoints Rhiannon Alban-Davies as Head of Fine Art & Specie, Asia
8th November 2024
AXA XL, the property & casualty (P&C) and specialty risk division of global insurer AXA, has announced the appointment of Rhiannon Alban-Davies as Head of Fine Art & Specie for Asia. In her new role, Alban-Davies will be based in Hong Kong. She brings over a decade of industry experience to her ... Read the full article
Clemens Jungsthöfel to succeed Jean-Jacques Henchoz as CEO of Hannover Re
8th November 2024
Jean-Jacques Henchoz, Chief Executive Officer (CEO) of large European reinsurer Hannover Re, has decided to leave the company and will be succeeded by Clemens Jungsthöfel, effective April 1st, 2025. Henchoz, who has led the reinsurer since 2019, requested not to extend his expiring contract, and will leave the firm's Executive Board ... Read the full article
Arch promotes Gansberg and Rajeh to Presidents of insurance, mortgage and reinsurance
8th November 2024
As part of its long-term succession planning, Bermuda-headquartered insurer and reinsurer Arch Capital Group Ltd. has, effective immediately, promoted David Gansberg to President of Arch’s Insurance Group and Maamoun Rajeh to President of Arch’s Mortgage and Reinsurance groups. Gansberg, who has been the Chief Executive Officer (CEO) of Arch’s Mortgage Group ... Read the full article
Jonathan Rake to become CEO of Swiss Re Solutions as Russell Higginbotham departs
8th November 2024
Russell Higginbotham is leaving reinsurance giant Swiss Re after three decades with the company, with Jonathan Rake taking over as Chief Executive Officer (CEO) of Swiss Re Solutions, effective January 1st, 2025. Rake joined Swiss Re from Zurich in 2016 as CEO Singapore, Head of South East Asia, and since July ... Read the full article
Everest names Emily Davis as Head of Reinsurance Global Specialties
8th November 2024
Everest Reinsurance, the reinsurance division of Bermuda-domiciled Everest Group, Ltd., has appointed Emily Davis to lead its Global Specialties business, reporting line to Jill Beggs, Reinsurance Executive Vice President and Chief Operating Officer. The firm's Global Specialties segment includes Aviation, Marine, Cyber, Engineering, and Parametric Solutions. Most recently, Davis served as Everest ... Read the full article
WTW appoints Karen Grote as Division LOB Leader for NA Life Practice
8th November 2024
Global insurance brokerage WTW has appointed Karen Grote as Division Line of Business Leader for the North America Life Practice within Insurance Consulting & Technology (ICT). In her new role, Grote will drive growth and enhance client value across WTW’s Life Practice, working alongside Mary Bahna-Nolan, who also serves as DLL. Additionally, ... Read the full article
CFC expands corporate cyber offering in Europe with new team and key appointment
7th November 2024
CFC, an insurance provider with expertise in cyber risk, has announced that it is expanding its corporate cyber offering by launching a team dedicated to supporting brokers across Europe. With established offices in Brussels and Madrid and plans to open more locations by year-end, has appointed Ilaria Silvato as Corporate Cyber ... Read the full article
RenRe adds Loretta J. Mester as an Independent Director
7th November 2024
Bermuda-domiciled reinsurer RenaissanceRe (RenRe) has appointed Loretta J. Mester as an Independent Director, effective November 6, 2024, following the retirement of Brian G. J. Gray, who had served as a Board member since 2013. Most recently, Dr. Mester was the President and Chief Executive Officer (CEO) of the Federal Reserve Bank ... Read the full article
QBE Asia appoints Jeyasakthi Ratnasingam as Head of Risk and Compliance
6th November 2024
QBE Asia has announced the appointment of Jeyasakthi Ratnasingam as Head of Risk and Compliance. In this role, Ratnasingam will oversee the firm’s risk and compliance strategy, program, and infrastructure, ensuring robust controls, procedures, and processes meet legal and regulatory requirements across all business functions. Ratnasingam brings extensive experience in consulting and ... Read the full article
Orendorf named Chief Underwriting Officer at Chard Re
6th November 2024
William Orendorf has been promoted to the role of Chief Underwriting Officer (CUO) at reinsurance-linked investment manager Chard Re. Orendorf, who has over two decades of industry experience, has been part of the company since 2022, when he joined as Senior Portfolio Analyst. Prior to joining Chard Re, the executive served as ... Read the full article
Lockton Re adds Henry Philipps to Marine & Energy division
6th November 2024
Reinsurance broker Lockton Re has announced the addition of Henry Philipps to its Marine & Energy team as Senior Broker. Philipps is joining Lockton Re from Guy Carpenter, where he most recently served as Senior Vice President. He joined the reinsurance broker in 2029 as Assistant Vice President and was then appointed ... Read the full article
Pool Re appoints Andrew Stark as Head of Underwriting
6th November 2024
Pool Re, the UK’s government-backed terrorism reinsurer, has announced the appointment of Andrew Stark to the newly created role of Head of Underwriting. In his new role, Stark will report to Jonathan Gray, Chief Underwriting Officer at Pool Re. Stark’s appointment comes ahead of Pool Re’s planned transition in April 2025 ... Read the full article
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