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.
Allianz (AGCS) takes a new strategic direction
1st July 2020
Allianz Global Corporate & Specialty SE (AGCS), the industrial insurer of the Allianz Group, has announced the details of a new comprehensive transformation program designed to regain profitability and market leadership, called "New AGCS." On June 22nd, the company announced the realignment of its Board of Management, explaining that from ... Read the full article
Swiss Re names Pravina Ladva as Group Digital Transformation Officer
1st July 2020
Global reinsurance giant Swiss Re has announced the appointment of Pravina Ladva to the newly created position of Group Digital Transformation Officer, effective July 1st, 2020. In addition to her new responsibilities related to driving Swiss Re's global digital transformation agenda, Ladva will also continue to serve as Chief Technology and ... Read the full article
Brit (BGSU) to transfer renewal rights for cargo business to Falvey
1st July 2020
Brit Global Specialty USA (BGSU), a division of specialty insurer and reinsurer Brit, has announced that it will transfer the renewal rights for its Cargo business to Falvey Cargo Underwriting, the largest cargo covernote holder at Lloyd's of London. According to Brit, Falvey is a better strategic fit for its cargo ... Read the full article
The Hartford to add Amy Stepnowski as CIO
30th June 2020
Property and casualty insurer The Hartford is set to appoint Amy Stepnowski to serve as its Chief Investment Officer, as well as President of Hartford Investment Management Company. Effective August 1, Stepnowski will succeed Brion Johnson, who will remain with the company in an advisory capacity through the end of the ... Read the full article
Sandra Lee to join BMS from Aon to lead operations in Asia
30th June 2020
Independent specialist insurance and reinsurance broker, BMS Group, has named Sandra Lee as the Head of its operations in Asia, subject to regulatory approvals. Currently, Lee is based in Hong Kong and she is set to join BMS upon completion of her current contractual obligations with rival re/insurance brokerage Aon. Lee has ... Read the full article
Dirk Herrenpoth takes CUO role at NewRe
30th June 2020
NewRe, a wholly owned subsidiary of Munich Re, has announced the appointment of Dirk Herrenpoth as the new Chief Underwriting Officer (CUO) for its non-life business. Effective from July 1, 2020, he will take over the position from Artur Klinger, who is leaving NewRe after 12 years to become Head ... Read the full article
Brit Global Specialty USA hires Terrorism VP from Validus
30th June 2020
Brit Global Specialty USA (BGSU), a division of global specialty re/insurer Brit Ltd, has announced the appointment of Andrew Umphress as Vice President, Terrorism. Umphress joins from Validus Specialty where he was most recently Assistant Vice President, War and Terrorism. He previously held a number of underwriting roles during his time at ... Read the full article
Mike Keating to replace Peter Staddon as Managing Director of MGAA
30th June 2020
The Managing General Agents' Association (MGAA) has announced that Mike Keating is set to join its ranks in September 2020 as its new Managing Director. In his new role, Keating will take on responsibility for the continued growth of the MGAA's membership and also for increasing engagement levels with both insurers ... Read the full article
Liberty Mutual Re adds Sara Steiner as VP, Director of Assumed Reinsurance
29th June 2020
Liberty Mutual Re, part of Liberty Mutual Insurance Group, has announced the appointment of Sara Steiner as Vice President and Director of Assumed Reinsurance. Steiner is based in LM Re’s office in Stamford, Connecticut and reports to Thomas Greene, LM Re’s Head of Casualty – Reinsurance. She joins with immediate effect and ... Read the full article
HDI Global Specialty bolsters Management Liability, FI team with Neon hires
29th June 2020
HDI Global Specialty SE, the collaborative specialty insurance venture between HDI Global and Hannover Re, has added Louise Parker and Charles Boorman to its Management Liability & Financial Institutions team. Both join the specialty lines insurer’s London office from Neon Syndicate 2468 with immediate effect. Parker joins as Senior Underwriter Management Liability ... Read the full article
Obsidian Insurance appoints Stacy Armstrong as Chief Client Officer
26th June 2020
Obsidian Insurance Holdings has announced the appointment of Stacy Armstrong as Chief Client Officer. Armstrong joins with over 25 years' experience in the re/insurance space. Her new role will include responsibility for managing client and reinsurer relationships. Armstrong most recently served as Executive Vice President, Underwriting, M&A, TPA Management at Cranmore, an advisory and ... Read the full article
Jonathan May takes International CFO role at Lloyd’s
26th June 2020
Insurance and reinsurance marketplace Lloyd’s of London has announced the promotion of Jonathan May to the role of International Chief Financial Officer (CFO). As International CFO, May will now be responsible for finance across Lloyd’s international network. May previously served as CFO for the APAC region, having joined Lloyd’s London office in ... Read the full article
RKH expands aviation team with 14 senior hires
26th June 2020
Specialty lines broker RKH Specialty has added 14 senior aviation experts in London and Colombia, as the company looks to build the largest independent logistics team. New hires in London include Alex Robinson as Divisional Director; Chris Vince as Divisional Director; Marcio Rosset as Divisional Director; David Clewley as Associate Director; ... Read the full article
Atrium Underwriters adds Chris Stooke as Non-Exec Chairman
26th June 2020
Atrium Underwriters, the managing agent for Lloyd’s Syndicate 609, has announced the appointment of Chris Stooke as Non-Executive Chairman. Effective January 2021, Stooke will replace Steve Cook, who is set to retire at the end of this year. Stooke will work closely with the company's Chief Executive Officer Richard Harries and its ... Read the full article
Marsh announces Sport, Entertainment & Media group in the UK & Ireland
26th June 2020
Global insurance and reinsurance broker Marsh has established a dedicated Sport, Entertainment & Media (SEM) industry group in the UK & Ireland, led by global events specialist, Richard Tolley. The new group brings together more than 60 client management, technical, placement and risk management specialists from across Marsh to support the ... Read the full article