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.
Hiscox adds three Non Exec Director’s to boards of UK entities
23rd June 2021
Specialist global insurer Hiscox has bolstered the boards of two UK legal entities, adding three new Independent Non Executive Directors. James Illingworth will sit on the Board of Hiscox Syndicates Ltd (HSL), which oversees the insurer’s globally traded specialty (re) insurance lines, while Mark Cliff and Jane Hayes will both join ... Read the full article
TigerRisk names James Loggie as partner of Trade Credit, Surety and Political Risk
23rd June 2021
Global insurance and reinsurance brokerage, TigerRisk Partners has appointed James Loggie as partner of its global Trade Credit, Surety and Political Risk business. Based in London, Loggie will help drive TigerRisk’s aspirations to become the global leader in credit and related lines. Loggie will take up his appointment next year after completing ... Read the full article
Lockton Re bolsters Non Marine Retro & Property Specialty Division, London
23rd June 2021
Lockton Re, the reinsurance arm of the global brokerage, has appointed Jeremy England Lee to its Non Marine Retrocession and Property Specialty Division in London. England Lee brings over forty years of industry experience starting his career in 1978 at Lloyd’s D.E. Harman Syndicate. He then moved to Bowring which later became ... Read the full article
Swiss Re cuts stake in Phoenix Group to 6.6%
23rd June 2021
Reinsurance giant Swiss Re has successfully reduced its shareholding in Phoenix Group Holdings plc by roughly 6.6% by selling 66,199,917 shares in the firm for £437 million. Swiss Re acquired a stake in the company last year through the sale of its ReAssure Group plc subsidiary to Phoenix. The sale was ... Read the full article
RSIS names Chiguye as Regional Head for Southern Africa
22nd June 2021
Reinsurance Solutions Intermediary Services (RSIS), the recently launched subsidiary of African reinsurance broking group Reinsurance Solutions Group, has announced the appointment of Blessing Chiguye as Regional Head for Southern Africa. Launched in August 2020, RSIS provides niche reinsurance and insurance solutions to clients operating in Southern Africa, with a focus ... Read the full article
Resolution Life hires Swiss Re’s Nardeep Sangha as CEO, New Markets
22nd June 2021
Resolution Life, a long-term manager of legacy life insurance portfolios, has appointed Nardeep Sangha as Chief Executive Officer (CEO) of New Markets. Sangha assumes responsibility for sourcing new opportunities in reinsurance and life, with a particular focus on new risk markets and broader geographies including both Asia and Europe. He joins from ... Read the full article
Howden names Matt Bacon CEO of new Australian broking business
22nd June 2021
International insurance broker Howden has appointed Matt Bacon to serve as Chief Executive Officer of Howden Australia, a new entrant into the country’s broker market. Bacon joins alongside Stuart McKellar, appointed Head of Commercial & Affinity, and Nick Chubb, who has been appointed Head of Financial Lines. Bacon joins from Marsh, where ... Read the full article
Liberty Mutual announces leadership changes
22nd June 2021
U.S primary insurer Liberty Mutual Insurance has made four key executive leadership appointments. Tim Sweeney has been appointed as President, Liberty Mutual, overseeing Global Risk Solutions, Global Retail Markets and Liberty Mutual Investments, the company's three business units. Sweeney, who was previously President, Global Retail Markets will report to Chairman and Chief ... Read the full article
Langhorne Re CEO Pestcoe retires, Andrew Markus steps up to lead
21st June 2021
Langhorne Re, a global reinsurer with a focus on large in-force life and annuity blocks, has announced the retirement of its Chairman and Chief Executive Officer Marvin Pestcoe. As a result, Andrew Markus has been promoted to succeed him as CEO. As part of the transition, Pestcoe is set to remain remain ... Read the full article
BRP names Naimish Patel President of Homeowners Insurance Group
21st June 2021
Independent insurance distribution firm BRP has announced the appointment of Naimish Patel as President of its newly established Homeowners Insurance Group, which now sits within Millennial Specialty Insurance. Patel reports to Jim Roche, Founder and Managing Partner of MSI, and will build and lead a new team dedicated to scaling a ... Read the full article
Tigerlab adds Daniel Malmvärn as Chief Commercial Officer
21st June 2021
Tigerlab, a software provider for underwriting agencies, has added Daniel Malmvärn as its new Chief Commercial Officer. Malmvärn joined last Monday and will be responsible for the firm’s commercial strategy and development. These are expected to be achieved through marketing, sales, product development and customer service activities. He has 18 years of experience ... Read the full article
LSM promotes Jennifer Quinn to Strategic Assets Underwriting Manager
21st June 2021
Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Jennifer Quinn to Underwriting Manager Strategic Assets, London. Quinn will report to Terry FitzGerald, Head of FinPro Lines and have oversight of the London Strategic Assets book of business, which covers Cyber, Intellectual Property, and Property GAP coverage. She is responsible ... Read the full article
Ballantyne makes two key senior appointments
21st June 2021
Independent London broker Ballantyne has added Ian Martin as Divisional Director, Property and Derrick Lloyd as Head of Claims Broking. The appointments are effective immediately. Both new arrivals are expected to drive Ballantyne's Growth plans and help strengthen its business strategy. Martin was most recently a Director at Alternative Distribution Operations at ... Read the full article
AmericanAg adds Doug Nuehring as Underwriting/Marketing AVP
18th June 2021
Global reinsurer AmericanAg has announced the appointment of Doug Nuehring to its team as Assistant Vice President – Underwriting/Marketing. Nuehring will be responsible for underwriting a portion of the firm’s broker assumed international portfolio, including programs in Western and Northern Europe and China. He joins from EMC Reinsurance Company, where he spent ... Read the full article
Trean announces two senior promotions
18th June 2021
Insurance management and reinsurance consulting company Trean Insurance Group has promoted Chief Financial Officer Julie Baron to the new position of President and Chief Operating Officer, and Chief Accounting Officer Nicholas Vassallo to Chief Financial Officer. Baron has served as Trean’s CFO since 2015 and Treasurer and Secretary since 2020. Prior to ... Read the full article