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.
Agritask appoints Daniel Stander of RMS as senior advisor
5th August 2020
Holistic ag-operations platform, Agritask, has announced the appointment of Daniel Stander as senior advisor to its leadership team. Stander, a global pioneer in decision science and resilience finance, began advising Agritask earlier this year. He was hired in the effort to drive the innovation required to address the productivity challenges facing ... Read the full article
Beazley targets CyEx unit growth with addition of four new underwriters
4th August 2020
Specialty insurer Beazley has announced the addition of four new underwriters within its cyber & executive risk (CyEx) unit as it looks to grow the Chicago-based operation. Beazley's CyEx division was formed 18 months ago via the combination of the company's cyber & tech team and executive risk team, including D&O, ... Read the full article
Ed Broking adds Assad Ulhaq as senior broker, producer
4th August 2020
Global reinsurance, wholesale and specialty broker Ed has announceed the appointment of Assad Ulhaq as senior broker and producer with immediate effect. In this role Assad will focus on international property facultative reinsurance, primarily in Europe, the Middle East and Africa. Assad joins Ed with 10 years of industry experience, having most ... Read the full article
ABI hires Clark as Director of Regulation to succeed Savill
4th August 2020
The Association of British Insurers (ABI) has announced Charlotte Clark CBE as Director of Regulation, succeeding Hugh Savill who is retiring at the end of the year. Clark, who is currently the Director of Capability and Learning at the Department for Work and Pensions, was previously Director of Private Pensions at ... Read the full article
BHSI announces Middle East & Asia property, energy and construction promotions
3rd August 2020
Berkshire Hathaway Specialty Insurance Company (BHSI), the insurance arm of Warren Buffett’s global re/insurance business, has announced the new appointments of Kapil Palathinkal as Head of First Party Lines, Middle East and Carlos Beltran as Head of First Party Lines, Asia. They will both be overseeing General Property, Energy and Construction. Marc ... Read the full article
Mike Krefta to leave Hiscox, insurance sector in 2021
3rd August 2020
Specialist insurer Hiscox has announced that Mike Krefta will be leaving the company in 2021 after nearly four years as CEO of Hiscox Re & ILS in Bermuda. Krefta is said to be returning to the UK and will be pursuing interests outside of the insurance sector. He departs after nearly 17 ... Read the full article
Aon appoints Turner head of UK property within reinsurance solutions unit
3rd August 2020
Re/insurance broker Aon has appointed Catherine Turner as head of UK property within its reinsurance solutions business. She will also co-lead Aon's UK & Ireland and specialty casualty business with Richard Evans. Turner will report to Peter Stubbings, Reinsurance Solutions’ Chief Executive Officer of Global ReSpecialty. She has more than 20 years’ experience in ... Read the full article
Lloyd’s appoints Spyropoulos CEO of Asia
3rd August 2020
Specialist re/insurance marketplace Lloyd’s of London has appointed Pavlos Spyropoulos as country manager of Singapore and Chief Executive Officer of Lloyd's Asia. Spyropoulos has been with Lloyd's for over 12 years and has served across a number of senior positions. He relocated to Singapore in 2014 in order to assume responsibility for Lloyd’s ... Read the full article
Reardon to depart Hamilton Re, David Brown made interim CEO
3rd August 2020
Kathleen Reardon is leaving her position as the Chief Executive Officer of Bermuda based reinsurer Hamilton Re, with David Brown set to replace her as an interim CEO. Hamilton Insurance Group, Ltd. announced that David Brown has been appointed Interim CEO of its reinsurance division Hamilton Re, Ltd. The company said that CEO ... Read the full article
WTW appoints Wise Xu as country leader for China
3rd August 2020
Global re/insurance broker WTW has appointed Wise Xu as country leader for China, effective September 1. Wise, who will retain his current position as head of corporate risk and broking in China, takes over from Smilla Yuan, who is set to leave the company towards the end of August. Based in Beijing, ... Read the full article
Guy Carpenter promotes Mayer, Mowery & Crichton to Exec Committee
3rd August 2020
Reinsurance broker Guy Carpenter has named three new members of its Executive Committee, as Neil Mayer, Lara Mowery and John Crichton are all added to the senior leadership group. The company said the move is aligned with its "ongoing commitment to deliver differentiated value and experience to its clients." The Executive Committee ... Read the full article
ICA makes key changes to board
31st July 2020
The Insurance Council of Australia has announced the addition of Sue Houghton as President of the Insurance Council and Chair of the Board. Houghton currently serves as General Manager Insurance, Westpac and she replaces Gary Dransfield, who stepped aside on July 1. “Gary has been a highly regarded Board Director since 2017 ... Read the full article
James McDonald to lead Sompo International’s energy team in London
31st July 2020
Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty insurance and reinsurance, has announced the appointment of James McDonald as its new Head of London Market Energy. McDonald has more than 30 years of experience across both the broking and underwriting sectors. He joins Sompo International from Talbot and ... Read the full article
Victor adds Erik Johnson to Syndicate 2288
31st July 2020
Managing general underwriter (MGU) Victor Insurance Holdings has announced the appointment of Erik Johnson as Deputy Active Underwriter for Victor Syndicate 2288, effective immediately. He is based in London and reports to Jill Frances, Chief Underwriting and Operations Officer, and Active Underwriter for the Lloyd’s syndicate. Johnson has over 18 years of ... Read the full article
The Hartford registers $251mn COVID-19 hit in Q2
31st July 2020
Property and casualty insurer The Hartford has announced $251 million in COVID-19 related losses, pre-tax, for the second quarter. The company's net income in Q2 increased 24% to $463 million, while core earnings of $438 million represent a 10% decline from the prior year quarter. The Hartford incurred $248 million in current accident ... Read the full article
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