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.
Corant Global names former RFIB CEO Steven Beard as Executive Director
15th February 2021
BGC Partners, Inc.'s recently launched Corant Global Limited, the new name for BGC Insurance (BGCI), has today announced the appointment of Steven Beard as Executive Director, effective immediately. In his new role, Beard takes on an array of responsibilities across the group with functions including finance, operations, IT, infrastructure, and digital ... Read the full article
AIG’s Duperreault to step down from Exec Chair role by 2022
15th February 2021
Global insurer American International Group (AIG) has announced that Peter S. Zaffino is set to take over the role of Chief Executive Officer (CEO) from Brian Duperreault, who will instead serve as Executive Chairman of the Board until the end of this year. Duperreault will hold this role through to December ... Read the full article
LMG adds Rob Kuchinski to Board of Directors
15th February 2021
The London Market Group has appointed Rob Kuchinski, Head of Commercial Insurance at Zurich UK, as a member of its board. He will replace Patrick Tiernan, Managing Director UK Commercial Lines & Global Corporate & Specialty at Aviva representing the International Underwriting Association. Matthew Moore, Chair of the London Market Group commented ... Read the full article
Marsh promotes Ankur Kacker to UK Digital Asset Leader
12th February 2021
Global insurance brokerage Marsh has named Ankur Kacker as UK Digital Asset Leader in the Financial & Professional (FINPRO) Practice of Marsh JLT Specialty, based in London. In his new role, Kacker will report to Philip Turner, Specie Practice Leader and takes on responsibility for the development of new insurance solutions ... Read the full article
Chubb hires two for North America Financial Lines
12th February 2021
Global re/insurer Chubb has announced two new leadership appointments for its North America Financial Lines division. Michael Mollica, Executive Vice President, has been appointed to lead Chubb's Private/Not-For-Profit Management Liability business within the North America Financial Lines. Mollica will be succeeding Leigh Anne Sherman, who has been appointed Division President of ... Read the full article
Optio enters specialty marine market with senior hire
12th February 2021
Specialty MGA Optio Group has appointed Angus Bailey to lead its expansion into the marine specialty market. With an initial focus on Marine War and Kidnap and Ransom risks (K&R), Bailey will be responsible for developing Optio’s new marine specialty proposition. He previously led Seacurus, a trading name of Castel Underwriting Agencies ... Read the full article
AXA XL appoints Matthew O’Malley to US Country Manager
12th February 2021
AXA XL, the property & casualty and specialty risk division of AXA, has appointed Matthew O'Malley as its US Country Manager. O’Malley will report to Joe Tocco, Chief Executive Officer of AXA XL's Americas region. With over 25 years of experience in the insurance industry, O’Malley has held numerous underwriting and management ... Read the full article
Weston’s founder & CEO Lyons to retire; CUO Nixon named as successor
12th February 2021
Michael Lyons, the founder and Chief Executive Officer (CEO) of Weston Insurance Holdings Corporation, is to retire from the company later in February and will be succeeded by Weston's current Chief Underwriting Officer (CUO), Deanne Nixon. Lyons is scheduled to retire from the Florida-based insurer on February 23rd, 2021, having started ... Read the full article
Prudential creates new senior leadership team for Jackson Financial
12th February 2021
UK insurer Prudential has created a new senior leadership team for its US business, Jackson Financial, ahead of Jackson's planned separation from the Group. Laura Prieskorn, previously Jackson's Executive Vice President and Chief Operating Officer, has been appointed Chief Executive Officer (CEO). She has worked at Jackson's for over 11 years, and ... Read the full article
AmTrust Europe hires Julian Millar as Head of Claims
12th February 2021
AmTrust International, the UK and International arm of New York-based insurer AmTrust Financial Services, has appointed Julian Millar to the role of Head of Claims for AmTrust International Specialty and Chief Claims Officer for AmTrust Europe. Millar will be based in London and will report to Angel Mas, Specialty Business Unit ... Read the full article
Sidley adds Michael Homison as insurance partner in NY
11th February 2021
Law firm Sidley Austin LLP has announced that Michael Homison will join its global insurance practice as a partner based in New York. In this role, he will support clients in a wide range of domestic and international insurance and reinsurance transactions. Previously, Homison was a partner with Skadden, Arps, Slate, Meagher ... Read the full article
Arch Insurance adds Craig Cafferty to Property team in London
11th February 2021
Arch Insurance International, part of Arch Capital Group Ltd., has announced the appointment of Craig Cafferty as a Senior Underwriter, Property, effective immediately. In his new role, Cafferty will work with existing clients across the portfolio as well as exploring new opportunities, adding further drive to the firm's strong growth in ... Read the full article
Deutsche Rück hires Kummer to lead LatAm expansion
11th February 2021
German reinsurer Deutsche Rückversicherung AG (Deutsche Rück) has announced plans to start writing business in Latin America, with a focus on traditional property and casualty business. As part of this expansion, the Düsseldorf-based firm has appointed Florian Kummer as Head of Latin American Markets, effective from 1 December 2020. Kummer has 25 ... Read the full article
Canopius names AXA XL’s Neil Robertson as Deputy CEO
11th February 2021
Specialty insurer and reinsurer Canopius Group has announced the appointment of Neil Robertson as Deputy Group Chief Executive Officer (CEO), effective May 4th, 2021. In his new role, Robertson will report to Michael Watson, Group Chairman and CEO, who is expected to continue to serve as Chairman after a suitable transition ... Read the full article
Arch acquires majority stake in Coface
11th February 2021
Arch Capital Group's share purchase agreement with Natixis for a majority stake in France-based trade-credit insurance firm, Coface, has received all necessary approvals for its closing, triggering the appointment of Bernardo Sanchez Incera as Chairman of the Board of Directors. It was announced in February of last year that Bermuda headquartered ... Read the full article