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.
SCOR Specialty names Mumme-Young as Global Line Head of Political and Credit Risk
22nd December 2021
SCOR Specialty Insurance has appointed Henry Mumme-Young as Global Line Head of Political and Credit Risk, effective immediately. Mumme-Young joined the Channel Syndicate in 2014 and was most recently Senior Underwriter and deputy in SCOR’s PCR department. He is a chartered insurer and has held previous roles in Political and Credit Risk ... Read the full article
Richard Pennay joins Aon Securities as Head of ILS
21st December 2021
Global insurance and reinsurance broker Aon has appointed Richard Pennay as Head of its insurance-linked securities (ILS) team, which is part of the company's Aon Securities division. In his new role, Pennay will be based in New York and reports to Paul Schultz, Chief Executive Officer (CEO) of Aon Securities. As Head ... Read the full article
Allianz Insurance names Stuart Toal head of mid-corporate
21st December 2021
Allianz Insurance has added Stuart Toal as head of mid-corporate, a newly-created role. Helen Bancroft is to step into the position vacated by Toal, and has been promoted to serve as the firm's new casualty account manager. Reporting to Chief Underwriting Officer, Catherine Dixon, Toal will lead the mid-corporate business, playing a ... Read the full article
Marsh hires Rick Howell as Aviation Operational Risk Consulting Leader
21st December 2021
Insurance broker and risk advisor Marsh has appointed Rick Howell as Aviation Operational Risk Consulting Leader. Based in Hong Kong, Howell will report to Garrett Hanrahan, Global Head of Aviation & Space, Marsh Specialty. In his new role, Howell will advise Marsh Specialty’s aviation clients globally on best practice in operational risk ... Read the full article
WTW appoints Petersen to lead North American primary casualty
21st December 2021
Willis Towers Watson has appointed Casey Petersen to lead its Primary Casualty Broking business in North America. Petersen's focus will be on designing and implementing bespoke risk financing solutions for WTW's clients. Based in Chicago, Petersen he reports to Jon Drummond, head of Broking, North America. Having served with the company since ... Read the full article
HK’s Insurance Authority names new Chairman
21st December 2021
Hong Kong's Insurance Authority has appointed Stephen Yiu Kin-wah to succeed Moses Cheng Mo-chi as Chairman. Cheng, who departs after six years of service, expressed confidence that Yiu is well-positioned to assume the role of IA's Chairman. Yiu's appointment will be for a term of three years and is effective from December ... Read the full article
Australian Government adds David Foster to ARPC
21st December 2021
The Australian Reinsurance Pool Corporation (ARPC), a government-backed terror risk reinsurance venture, has appointed David Foster as its newest member. Foster is a Brisbane-based Non-Executive Director with a diverse portfolio of Directorships and Advisory roles. Foster’s last senior executive role was CEO of Suncorp Bank. In addition to five and a half ... Read the full article
Guy Carpenter hires Swiss Re’s Modugno as MD Continental Europe Fac
21st December 2021
Reinsurance broker Guy Carpenter has announced the appointment of Vito Modugno, formerly of Swiss Re, as Managing Director of its Continental Europe Facultative practice. Modugno joins the Guy Carpenter after more than 13 years with reinsurance giant Swiss Re, where he most recently served as Lead of P&C Facultative Solutions EMEA. During ... Read the full article
Paul Cooper returns to Hiscox as Group CFO
21st December 2021
Specialist insurer and reinsurer Hiscox has announced the appointment of Paul Cooper as its new Group Chief Financial Officer (CFO), subject to regulatory approval. Currently, Cooper serves as Interim CFO at M&G Plc, a FTSE 100 asset manager and life insurance company. In this role, he is responsible for the planning, ... Read the full article
AXIS Capital promotes Helen O’Sullivan to Global Treasurer
21st December 2021
AXIS Capital Holdings has appointed Helen O’Sullivan to Global Treasurer of AXIS, where she will report to Peter Vogt, Group Chief Financial Officer and work from Dublin, Ireland. In this role, O’Sullivan will be responsible for overall capital, foreign currency, cash and liquidity management, as well as managing rating agency relationships ... Read the full article
Sompo Intl. names John Goodloe as EVP, Head of E&S Casualty, US
20th December 2021
Sompo International Holdings, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has appointed John Goodloe as Executive Vice President, Head of E&S Casualty, for U.S. Insurance. Goodloe will report to Christopher Sparro, CEO, U.S. Insurance, Sompo International Holdings and will be based in Alpharetta, GA. He joins Sompo International ... Read the full article
AIG hires Graham Fulcher as International General Insurance Chief Actuary
20th December 2021
Global insurer and reinsurer, American International Group has appointed Graham Fulcher as International General Insurance Chief Actuary. Based in London, Fulcher will report to Jon Hancock, Chief Executive Officer, International General Insurance and Richard Olsen, Chief Actuary, General Insurance. He joins AIG from Chubb where he served as Chief Actuary for Overseas General ... Read the full article
Milliman names Dermot Corry CEO
20th December 2021
Consulting and actuarial firm Milliman has named Dermot Corry as its new Chief Executive Officer, effective in the new year. A leader of Milliman's Dublin office, Corry has served as Global Life and Financial Services Practice Director for the last six years. He succeeds Stephen White, who is set for retirement. "Dermot has ... Read the full article
Chubb names two P&C appointments in North America
17th December 2021
Global insurance carrier Chubb has made two new appointments within its North America commercial property and casualty businesses, in a bid to strengthen its primary and excess casualty and multinational field organisations as well as key industry practices. Seth Gillston, Chubb's current Private Equity and Real Estate & Hospitality Industry Practice ... Read the full article
Everest Re extends term of CEO Andrade
17th December 2021
Bermudian reinsurer Everest Re has decided to extend the employment contract of its President and CEO, Juan C. Andrade, through to the end of 2023 with automatic annual extensions following this term. Andrade took over the position of President and CEO from Dominic J. Addesso in January 2020, having previously ... Read the full article