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.

Ex-Lloyd’s CFO John Parry moves to Armour

22nd May 2019

Bermuda based insurer Armour Group has announced the appointment of John Parry as its Group Chief Financial Officer (CFO), starting in June. Lloyd’s of London revealed earlier this month that Parry was set to leave the corporation, where he has worked since 2001, most recently as CFO. In this role, he ... Read the full article

Fairfax appoints interim Chief Financial Officer

21st May 2019

Fairfax Financial Holdings Limited has appointed John Varnell, Vice President, Corporate Development, to serve as interim Chief Financial Officer (CFO) following the sudden death of Vice President and CFO, David Bonham, this past weekend. Fairfax Chairman and Chief Executive Officer (CEO), Prem Watsa, commented: "The entire Fairfax family mourns the sudden and unexpected loss ... Read the full article

LSM adds AIG’s Paul Kunzer to lead new trade credit multi-buyer product line

21st May 2019

Liberty Specialty Markets, part of Liberty Mutual Insurance, has announced the appointment of Paul Kunzer to the role of Head of Trade Credit Multi-buyer and Excess of Loss. He will be leading the development of LSM’s new Trade Credit offering for Multi-Buyer and XOL programs. Kunzer will be based in Chicago and ... Read the full article

Beazley adds Cal Spessard to lead environmental liability claims team

21st May 2019

Specialist insurer Beazley has appointed Cal Spessard to lead a team responsible for handling claims arising from the company’s environmental liability business. Spessard, who will be based in New York, joins from environmental risk management specialists WCD Group, where he served as Director of claims and litigation services. Prior to joining WCD ... Read the full article

Munich Re Life US appoints RGA’s Quentin Marsh to CFO role

21st May 2019

The US Life division of reinsurance giant Munich Re has announced the appointment of Quentin Marsh as Chief Financial Officer, US Life and Health. Marsh, who was most recently Vice President in the Global Financial Solutions unit of Reinsurance Group of America, will report to Marc-André Giguère, President and Chief Executive ... Read the full article

Aviva’s James Drew joins Brit as Head of Outwards Reinsurance

21st May 2019

James Drew, previously Head of Reinsurance at Aviva, has been appointed as Head of Outwards Reinsurance at Brit, effective July 1st, 2019. Based in London, Drew will report to Christiern Dart, Brit's Group Chief Underwriting Officer (CUO) and will also work closely with Reinhard Seitz, currently Head of Outwards Reinsurance at ... Read the full article

Sompo International adds Pützer as Head of Financial Lines Insurance in Germany

20th May 2019

Bermuda-based property and casualty re/insurer Sompo International Holdings (SIH) has announced the appointment of Udo Pützer to the company’s European insurance platform as Head of Financial Lines Insurance, Germany. He will be based in the company’s Düsseldorf office and will introduce a range of management liability, professional indemnity, and financial institutions ... Read the full article

AXA XL promotes Marc Bertha to lead U.S East Region Multinational Casualty team

20th May 2019

AXA XL has promoted Marc Bertha as team lead for the U.S Eastern Region Multinational Casualty group, based in New York. He will be tasked with leading the region’s underwriting team as they partner with new and existing clients in the management of complex international risks. Bertha joined AXA XL in 2013 ... Read the full article

Munich Re’s HSB Engineering appoints Paula Homan to Director role

20th May 2019

HSB Engineering Insurance (HSB), the specialist industrial engineering and construction insurance arm of reinsurer Munich Re, has announced the appointment of Paula Homan as Director of Engineering Services, effective immediately. Homan will be tasked with leading the activities of HSB’s engineering inspection services division in the UK and Ireland in line ... Read the full article

HDI Global Specialty recruits Martin Jackson as Head of Aviation & Space

20th May 2019

HDI Global Specialty SE, the recently launched collaborative specialty insurance venture between HDI Global and Hannover Re, has appointed Martin Jackson as Head of Aviation and Space. Based in the company’s London office, he will take over the role from Tim Slade, effective May 20. Jackson most recently served as Class Underwriter, ... Read the full article

Capsicum Re adds Tom Mills to Bermuda team

20th May 2019

Specialist reinsurance broker Capsicum Re has announced the appointment of Tom Mills as a broker in its Bermudian operations. Mills previously worked as a Private Client Director at Hampden Agencies, managing and advising Lloyd’s members from 2015 to 2019. Prior to this, he spent several years as an Assistant Underwriter at Amlin. Capsicum ... Read the full article

David McMillan departs QBE to become CEO at esure

17th May 2019

esure Group plc has announced that David McMillan, current Group Chief Operating Officer at QBE, is to join the company as Chief Executive Officer (CEO) in August 2019. McMillan joined QBE in September 2017 and has since been based in the re/insurer’s London office. Prior to this, he was CEO for Europe ... Read the full article

Aon invests in Global Reinsurance Clients unit, adds executive team

17th May 2019

Global insurance and reinsurance broker Aon has announced a number of organisational changes within its Global Reinsurance Clients team, which launched in 2014 and forms part of its Reinsurance Solutions operation. Currently, Aon's Global Reinsurance Clients team supports 25 large, global insurance companies, providing firms with a service to accelerate their ... Read the full article

Victor adds Anthony Stevens as President of international operations

16th May 2019

Victor Insurance Holdings, the Managing General Underwriter previously known as The Schinnerer Group, has announced the appointment of Anthony Stevens as President of Victor International, effective immediately. In his new role, Stevens will oversee the advancement of Victor’s insurance strategy outside of North America. He succeeds Paul Drake, who previously announced his ... Read the full article

Globe Underwriting adds Mackay as Head of NA Property

16th May 2019

UK-based managing general agent (MGA) Globe Underwriting has announced the appointment of Jennifer Mackay as Head of its North American Property Division. Mackay in her new role will focus on the underwriting and management of both residential and commercial property programs whilst leading the underwriting team to drive profitable growth. She brings ... Read the full article