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.

HSCM recruits Validus’ Jeff Sangster as CFO & Head of Strategy

2nd August 2019

Hudson Structured Capital Management Ltd. (HSCM) has announced the appointment of Jeff Sangster, who has been named as Partner, Chief Financial Officer (CFO) & Head of Strategy. Sangster previously served as Executive Vice President and CFO at Validus Holdings, Ltd from February 2013 to August 2018. At Hudson, which does its re/insurance ... Read the full article

ICMIF appoints NFU Mutual exec as Chair of Intelligence Committee

2nd August 2019

The International Cooperative and Mutual Insurance Federation (ICMIF), an umbrella body for the global cooperative and mutual insurance industry, has elected Gina Fusco as Chair of its Intelligence Committee. Fusco is Head of Strategy and Marketing at NFU Mutual, and has been a member of the ICMIF Intelligence Committee since April ... Read the full article

CLARA names new CEO as Lakshmikanthan becomes Chief Product Officer

2nd August 2019

CLARA analytics, a provider of artificial intelligence-driven (AI) technology in the commercial insurance space, has revealed Gary Hagmueller as its new Chief Executive Officer (CEO), as founder Jayant Lakshmikanthan transitions to the role of Chief Product Officer. Hagmueller brings more than two decades of industry experience to the role and has ... Read the full article

Chubb appoints Marcos Gunn to succeed Juan Luis Ortega

2nd August 2019

Chubb has announced that current Division President, Northern Latin America and Chief Operating Officer (COO) of the Latin America region, Marcos Gunn, has been appointed Senior Vice President (SVP), Chubb Group and Regional President, Latin America.  Gunn replaces and will also report to Juan Luis Ortega, who was recently appointed ... Read the full article

BGC Insurance adds Marsh exec to aviation & space brokerage

2nd August 2019

BGC Insurance Group (BGCI), a division of BGC Partners Inc., has announced the addition of Mark Costin to its new global aviation and space re/insurance brokerage. Costin joins BGCI from Marsh JLT Specialty, where he served as Chief Executive Officer (CEO) for its Aviation and Aerospace division. He arrived at Marsh in ... Read the full article

Barbican Protect adds McManus to lead Professional Indemnity team

2nd August 2019

Barbican Protect, the UK arm of Barbican Insurance Group, has announced the appointment of Paula McManus as Head of Professional Indemnity for its London operations, with immediate effect. McManus, part of the Financial Lines team, will be be responsible for strengthening Barbican Protect’s PI proposition in the UK commercial SME and ... Read the full article

Swiss Re’s Jason Busti joins AXIS Re as President of North America

1st August 2019

Bermuda domiciled re/insurer AXIS Capital Holdings Limited has announced that Jason Busti has joined its reinsurance arm, AXIS Re as President of North America, based in New York. He joins the firm after 22 years with reinsurance giant Swiss Re, and in his new role, will be a member of the ... Read the full article

Chubb names Ortega EVP, Chubb Group & President, Overseas General Insurance

1st August 2019

Insurer and reinsurer Chubb has revealed that Juan Luis Ortega is to succeed Juan Andrade as Executive Vice President (EVP), Chubb Group and President, Overseas General Insurance, effective immediately. Ortega is currently Senior Vice President (SVP), Chubb Group and Regional President of Latin America, and in his new role will report ... Read the full article

Hiscox Re & ILS announces leadership reshuffle

1st August 2019

Global re/insurer Hiscox has announced two new appointments within its Hiscox Re & ILS division, following the recently announced appointment of Megan McConnell as CUO, Hiscox USA. With McConnell relocating to Manhattan, Andrew Dolphin has been named as her successor as Director of Underwriting - London, subject to board and ... Read the full article

Everest Re names Chubb’s Andrade as CEO elect, replacing Adesso

1st August 2019

Bermudian reinsurer Everest Re has announced that Juan C. Andrade has been appointed as Chief Operating Officer (COO), before taking over as President and Chief Executive Officer of the company from January 1, 2020. He will succeed outgoing CEO Dominic J. Addesso, whose retirement was announced back in January 2019. Andrade ... Read the full article

James River announces 20% jump in net income, management shift

1st August 2019

James River Group Holdings, Ltd.'s second-quarter 2019 net income increased by 20% to $20.3 million when compared with the second-quarter of 2018, while its Group combined ratio improved to 95.2%. Adjusted net operating income improved from $17.6 million in Q2 2018 to $20.2 million in Q2 2019, while the year-to-date 2019 ... Read the full article

Chaucer names Head of Underwriting for Dublin business

1st August 2019

Chaucer, the specialty international re/insurance group, has announced the appointment of Jonathan Sutcliffe to the newly created role of Head of Underwriting at Chaucer Insurance Company DAC in Ireland. Sutcliffe will assume a leadership role in the overall direction and management of the business, which trades as Chaucer Dublin. His responsibilities will ... Read the full article

Mark Nunn joins Markel International as energy underwriter

1st August 2019

Specialist insurer Markel International has hired Mark Nunn as an energy underwriter based in Singapore, reporting to Christian Stobbs, Managing Director of Markel International in Asia. In his new role, Nunn will work closely with Markel's international energy team to manage and further develop the firm's energy portfolio for the Asia ... Read the full article

Swiss Re names Urs Baertschi CEO Reinsurance EMEA, Regional President

1st August 2019

Swiss Re has named Urs Baertschi as Chief Executive Officer (CEO) Reinsurance EMEA, Regional President and member of the Group Executive Committee, succeeding Russell Higginbotham. Baertschi's appointment is effective September 1st, 2019 and remains subject to regulatory approval. He ... Read the full article

Hiscox names Megan McConnell CUO in the US

1st August 2019

Global insurer and reinsurer Hiscox has announced the appointment of Megan McConnell as Chief Underwriting Officer (CUO) in the US, based in New York and reporting to Chief Executive Officer (CEO) of Hiscox USA, Steve Langan. McConnell most recently served as the Director of Underwriting for Hiscox Re & ILS, having ... Read the full article