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.
Conduit Re’s GWP in line with plan at 1/1; Lancashire’s Whelan joins as CFO
14th January 2021
Newly-launched property and casualty reinsurer Conduit Re has reported that it wrote gross premiums of $160 million at the January 1st, 2021 reinsurance renewals as pricing and terms and conditions fell in line with expectations. Highlights of the firm's 1/1 renewals includes GWP in line with plan and consisting of a ... Read the full article
Chubb names Michael Kessler division president of cyber risk insurance
14th January 2021
Global re/insurer Chubb has announced the appointment of Michael Kessler as division president of its cyber risk insurance business. Currently serving as a vice president and chief reinsurance officer, Kessler will now oversee all facets of the business including strategy, product and business development, underwriting and service operations. He reports to Paul Krump, ... Read the full article
HSCM hires SCOR’s Adrian Jones in InsurTech & re/insurance push
13th January 2021
Hudson Structured Capital Management Ltd. (HSCM), the insurance-linked securities (ILS), reinsurance and transportation-focused investment manager, has announced the appointment of Adrian Jones from SCOR as the firm looks to expand its InsurTech and global re/insurance groups. Jones has been hired as a Managing Director of HSCM and a Partner in the ... Read the full article
Chubb selects Jeremiah Konz as new Chief Reinsurance Officer
13th January 2021
Property and casualty insurer Chubb has announced that Jeremiah Konz, currently Executive Vice President, Reinsurance Officer for Chubb Overseas General, has been appointed as the company's new Chief Reinsurance Officer, effective immediately. Konz takes over from Michael Kessler, who Chubb recently named Division President of its global cyber risk insurance operation. In ... Read the full article
Nautilus Insurance names new CUO as Tom Joyce becomes President
13th January 2021
Nautilus Insurance Group, a Berkley company, has announced a number of executive leadership changes, including the appointment of Bill Floros as Senior Vice President (SVP) and Chief Underwriting Officer (CUO). Floros takes over the role from Tom Joyce, who has been appointed President, succeeding Thomas Kuzma, who recently assumed the role ... Read the full article
AXA XL names Brett Musser as US Marine Product Leader
13th January 2021
The US marine team at AXA XL, the property & casualty and specialty risk division of AXA, has added Brett Musser as the Central US Zonal Marine Product Leader. He will be based in Chicago and will serve as Marine Liabilities Product Manager, focusing on developing bespoke solutions for specialised marine ... Read the full article
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