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.

Risk Consulting Partners adds Aynessazian as MD of finance, operations

23rd December 2019

Risk Consulting Partners has announced the appointment of Colleen Aynessazian as its new managing director of finance and operations. Aynessazian will help support the company’s high growth strategy and oversee all financial functions, corporate development, mergers, acquisitions, integrations as well as lead the day-to-day operations of the firm. She brings more than ... Read the full article

Burns & Wilcox adds Michelle Clark to leadership team in Colorado

23rd December 2019

Burns & Wilcox, the North American wholesale insurance broker and underwriting manager, has appointed Michelle Clark as Managing Director, based in Denver, Colorado. She joins the company from RT Specialty, where she most recently served as an Executive Vice President and Broker, managing multi-million dollar books of business. Clark has spent more ... Read the full article

AXIS Capital’s Drew Walter joins Ascot to lead Cyber & Commercial E&O

20th December 2019

Ascot has named AXIS Capital’s Drew Walter as Executive Vice President and Head of Cyber & Commercial E&O, based in New York. In his new role, Walter will be tasked with building a business writing cyber as well as technology, media and miscellaneous E&O classes of business. He joins the firm from ... Read the full article

ABI endorses new Bank of England governor Bailey

20th December 2019

Huw Evans, Director General of the Association of British Insurers (ABI), has released a statement endorsing the recent appointment of Andrew Bailey as the new governor of the Bank of England. Bailey, who currently serves as Chief Executive of the UK’s Financial Conduct Authority, will bring a “deep understanding” of regulatory ... Read the full article

Canopius recruits trade & political risk underwriter from Acappella

20th December 2019

Global specialty re/insurer Canopius has announced the appointment of Claire Kennett as Underwriter, Trade & Political risk. Kennett joins Canopius from Acappella Syndicate where she served most recently as Underwriter, Political Risk. Prior to this, she held roles at Aon Underwriting Managers and Liberty Specialty Markets. Taking up her new position on January ... Read the full article

AXA XL reveals changes to Reinsurance Leadership Team

20th December 2019

AXA XL, the property and casualty and specialty risk unit of AXA, has announced a series of changes within its Reinsurance Leadership Team as part of its previously announced simplified Reinsurance organisational structure. Announced in September, the new structure is aligned around the firm’s key markets and is intended to ... Read the full article

BMS adds senior trio to US reinsurance analytics team

19th December 2019

BMS Group, the independent specialist re/insurance broker, has announced the addition of three senior hires to its US reinsurance analytics team in Philadelphia. Firstly, Nick Dranchak has joined as Executive Vice President, Capital Management of BMS Re US. Reporting to Chief Analytics Officer Kirk Conrad, Dranchak will lead the team’s rating agency ... Read the full article

Ascot hires Crystal Greene as Head of US Management Liability

19th December 2019

Bermuda domiciled specialty insurer and reinsurer, Ascot Group, has expanded its US Management Liability and Financial Institutions group with the of Crystal Greene as Senior Vice President, Head of Management Liability. Greene will lead Ascot’s commercial D&O and related product business in the US from Atlanta. She joins Ascot with 25 years ... Read the full article

McGill & Partners highlights “dramatic” early growth, names key hires

18th December 2019

Specialty risk solutions business McGill & Partners, founded this year by insurance broking veteran Steve McGill, has grown its employee headcount from five to 134 and is set to oversee $250 million of premium flow going into 2020. The build-out and growth of the business was financed through an initial ... Read the full article

Assured Guaranty appoints Steven Kahn as Senior MD, Structured Finance

18th December 2019

Assured Guaranty Corp. (AGC), a subsidiary of financial guaranty insurer Assured Guaranty Ltd., has announced the appointment of Steven Kahn as Senior Managing Director, Structured Finance. He will lead the structured finance team alongside Managing Director Dan Bevill, who has been part of Assured Guaranty’s structured finance team for 15 years. Both ... Read the full article

Peter Zaffino takes President role at AIG

18th December 2019

American International Group, Inc. (AIG) has announced the appointment of Peter S. Zaffino as President of the company, effective from January 1, 2020. Zaffino currently serves as Global Chief Operating Officer (COO) of AIG and as Chief Executive Officer (CEO) of General Insurance. AIG explained that he will continue to serve in ... Read the full article

Starr Insurance Companies’ names lead for new aviation insurance unit

18th December 2019

Carsten Nawrath is set to lead Starr Insurance Companies' new aviation insurance operation based in Munich, Germany, as Aviation Underwriting Manager. In his new role, Nawrath will report directly to Joost Vink, Head of Europe for Starr. Starr Insurance Companies explains that its new aviation insurance unit will write Aerospace and ... Read the full article

The CII names Newman as Chair of the Professional Standards Committee

18th December 2019

The Chartered Insurance Institute (CII) has appointed Clyde & Co's Jennette Newman as Chair of the Professional Standards Committee, replacing David Hertzell, who stepped down as Chair in November after six years in the role. Newman is a Partner in the insurance division at law firm Clyde & Co and also ... Read the full article

Liberty Specialty Markets creates new senior terrorism underwriting role

18th December 2019

Liberty Specialty Markets has appointed Jennifer Rubin to a newly created position as Senior Underwriting Executive and Head of Terrorism Underwriting in North America. In this role, Rubin will be based in New York and takes up the position effective immediately. She will report to Alex Montoya, President of US, Bermuda ... Read the full article

Peacock to succeed Parker as USAA President and CEO

18th December 2019

USAA has announced that its Board of Directors has elected Wayne Peacock to succeed Stuart Parker as the firm's next President and Chief Executive Officer (CEO), effective February 1st, 2020. Parker is retiring after more than 21 years of service at the company, 15 of which he spent as USAA's CEO. ... Read the full article