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.
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
RGA reshuffles Board of Directors
7th January 2021
Reinsurance Group of America has added Shundrawn A. Thomas to its Board of Directors. Prior to his current role, Thomas served as President and Chief Executive of Northern Trust Securities, a wholly owned subsidiary of Northern Trust Corporation. Before becoming Northern Trust Asset Management President, he served as Executive Vice President, Head ... Read the full article
Ardonagh unveils NA Reinsurance team led by ex-RFIB CEO Foden-Pattinson
7th January 2021
Ardonagh Specialty, the holding company and growth platform for The Ardonagh Group's portfolio of specialist, reinsurance and wholesale broking brands, has announced the appointment of a North America Reinsurance team. The new team is set to operate via Equinox (Re)insurance Intermediaries which is licensed in Connecticut, and will be led by ... Read the full article
Berkshire Hathaway (BHSI) adds Brady Head to Executive leadership
7th January 2021
Berkshire Hathaway Specialty Insurance (BHSI), a division of Warren Buffett's Berkshire Hathaway, has appointed Brady Head as Senior Vice President (SVP), Product Line Officer for D&O Liability Insurance in North America. Head joins the company after 27 years with global insurer and reinsurer AIG, where he most recently served as Head ... Read the full article
Denis Haenzi departs Echo Re
7th January 2021
Zurich-based Echo Reinsurance Limited (Echo Re) has announced that Denis Haenzi is retiring this month after more than 10 years at the company. During his tenure, Haenzi played a major role in the MENA Underwriting team at Echo Re. In this role, he actively supervised the French-speaking African markets, including Maghreb. He also ... Read the full article
QBE Syndicate 386’s Harries to retire, Cécile Fresneau named successor
7th January 2021
QBE Syndicate 386 active underwriter and head of financial lines David Harries is set to retire from his role after 34 years with the liability insurer. Harries has spent the last seven years in his current position and will be supporting the handover of the role to Cécile Fresneau over the first ... Read the full article