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.
Costero Brokers hires Freddie Tyler as Vice President
13th January 2021
Privately held London-based brokerage, Costero Brokers, has announced the appointment of Freddie Tyler as Vice President, effective January 4, 2021. Tyler's responsibilities will include growing the crisis management offerings including facultative, binder, treaty, and TRIA-wrap products. He has an extensive background in insurance, working in the industry for seven years. Most recently he ... Read the full article
Hamilton adds Trevor Ormes & Florence Mognetti to Lloyd’s operations
13th January 2021
It's been announced that both Trevor Ormes and Florence Mognetti have joined Hamilton Managing Agency, the Lloyd's of London operations of Bermuda-based insurer and reinsurer, Hamilton Insurance Group. Ormes joins as Deputy Active Underwriter of Syndicate 4000 and Head of Professional Lines, while Mognetti has been appointed as Head of Political ... Read the full article
Core Specialty appoints Stephen Moore to lead D&O unit
12th January 2021
Specialty insurance carrier Core Specialty has added Stephen Moore as president, directors & officers management professional liability. Moore most recently served as vice president at Hallmark Financial Services and holds over 20 two decade's experience across D&O liability, fiduciary liability, surety, employment practices liability and private equity lines. Prior to Hallmark, Moore ... Read the full article
Transamerica makes two senior hires
12th January 2021
High net worth life insurer Transamerica Life (Bermuda) has appointed Jeremy Young as its global Head of Sales & Distribution. The insurer also announced that Benjamin Chua, Head of Finance for its Singapore Branch Office, will assume the additional role of Chief Executive for Transamerica in Singapore after receiving regulatory approval ... Read the full article
Ascot names Arch’s Kramer CEO of US Insurance
12th January 2021
Bermuda-domiciled specialty re/insurer Ascot has announced the appointment of Matthew Kramer as Chief Executive Officer of US Insurance. Kramer will be based in the company’s New York City office and lead all facets of Ascot’s US insurance operations. He will have direct responsibility for underwriting performance, new product development, and oversight of the ... Read the full article
Munich Re US President & CEO to retire in 2021; successor named
12th January 2021
M. Steven Levy, the President and Chief Executive Officer (CEO) of Munich Reinsurance America, Inc., a subsidiary of global reinsurer Munich Re, is to retire in April of next year and be replaced by Marcus Winter. Effective April 1st, 2021, Levy will step down from the company after 23 years of ... Read the full article
Generali’s Urlini re-elected as Chair of Insurance Europe’s GI Committee
12th January 2021
European insurance and reinsurance federation, Insurance Europe, has re-elected Franco Urlini, Group P&C, Claims and Reinsurance Director at Generali, as Chairman of its General Insurance Committee. Having held the position since 2013, Urlini's re-election sees him take on the role for an additional three-years. Insurance Europe seeks to raise awareness to issues ... Read the full article
Marsh launches UK sharing economy, mobility group
11th January 2021
Insurance broker and risk advisor Marsh has launched a dedicated Sharing Economy & Mobility (SE&M) industry group in the UK & Ireland. The group is led by Sam Tiltman and brings together over 25 sector specialists encompassing insurance placement and risk management disciplines from across the business. The group will support all ... Read the full article
Sompo Intl. adds Stephen Raymond to A&E team
11th January 2021
Bermuda-based specialty property and casualty re/insurer Sompo International has added Stephen R. Raymond to its US Sompo Pro team. Raymond, who joins with over 30 years’ experience, will serve as Vice President, Architects and Engineers (A&E). His A&E professional liability underwriting and product development experience spans various client segments. Raymond joins from Ironshore, ... Read the full article
ABIR elects officers for 2021-2022
8th January 2021
The Association of Bermuda Insurers and Reinsurers (ABIR) has elected its officers for 2021-2022. Marc Grandisson, CEO of Arch Capital Group has been elected Chair. Hamilton CEO, Pina Albo becomes Deputy Chair while Christopher Schaper, CEO of AIG Re, will serve as Second Deputy Chair. Past ABIR Chairs Albert Benchimol, President and CEO ... Read the full article
Legeis Capital launches, names Michael Morrissey chair
8th January 2021
Legeis Capital, a newly introduced company that provides re/insurers with efficient access to higher-returning investment assets, has named Michael Morrissey chairman of its board. Legeis Capital has been established to provide a capital-efficient form of investment to re/insurance firms and focuses on lower risk mechanisms to access the returns of asset ... Read the full article
AXA XL bolsters Risk Management team
8th January 2021
AXA XL, the property & casualty and specialty risk division of AXA, has appointed Jason Mandik Vice President, Head of the Chicago-based US Risk Management team. In addition, Sandra Clarke has been named Vice President, National Practice Leader for Temporary Staffing and Jessica Carpita as Senior Casualty Underwriter, US Risk Management. Mandik joined ... Read the full article
Markel hires Trevor Gandy to lead talent, diversity & inclusion initiatives
8th January 2021
Markel Corporation has announced the appointment of Trevor Gandy as Managing Director for Talent, Diversity and Inclusion, effective January 1, 2021. In this new role, Gandy will further shape the company's diversity, equity, and inclusion strategy for its global workforce. He will work closely with Markel’s human resources leadership team and its ... Read the full article
Kemper adds Ismat Aziz as Chief HR, Administrative Officer
7th January 2021
US insurer Kemper has added Ismat Aziz as Chief Human Resources Officer (CHRO) and Chief Administrative Officer. Aziz will report to Joseph Lacher, Jr., Kemper President and CEO, and will be based at Kemper’s headquarters office in Chicago. She has over 25 years of HR experience, most recently serving at US Bank ... Read the full article
Applied Underwriters expands FL unit
7th January 2021
Applied Underwriters has formed a US based division of its Applied Financial Lines business unit. The division will provide a variety of Directors & Officers coverages in the US under the direction of newly named division President, Stephen McGill. Applied Financial Lines' US operation will be headquartered in New York City. This news ... Read the full article
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