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.
Qatar Re CEO Gunther Saacke to step down this year
24th January 2019
Qatar Re, the reinsurance arm of Qatar Insurance Company (QIC), has announced that its Chief Executive Officer (CEO), Gunther Saacke, is to step down as CEO and Executive Director at the next Board meeting, which is scheduled for March 2019. The Board of Directors has said that it is with regret ... Read the full article
Langhorne Re names Pestcoe Executive Chair and Bermuda CEO
24th January 2019
Large in-force life and annuity focused reinsurer, Langhorne Re, has named Marvin Pestcoe as Executive Chair and Chief Executive Officer (CEO) of Langhorne Re Bermuda. Langhorne Re was launched last year by Reinsurance Group of America (RGA) and RenaissanceRe (RenRe), which, at the time, secured $780 million of equity capital commitments ... Read the full article
Nick Garrity joins IGI from Swiss Re as CEO, Labuan office
24th January 2019
Specialist commercial insurer and reinsurer, International General Insurance Holdings Limited (IGI), has hired Nick Garrity as Chief Executive Officer (CEO) of IGI's Labuan office, based in Kuala Lumpur. In his new role, Garrity will be tasked with strengthening the firm's Asia Pacific offering, within a planned growth strategy from the re/insurer's Kuala Lumpur ... Read the full article
Aon Reinsurance Solutions launches life specialty practice, names head
24th January 2019
Aon’s Reinsurance Solutions business has announced the launch of a new life practice group and appointed Colin Dutkiewicz to lead as the firm’s Global Head of Life. The broker hopes to foster growth in the life market by building upon the firm’s existing annuity transactions and the success of its PathWise ... Read the full article
Willis Re International names Shea Head of Strategic & Financial Analysis
24th January 2019
Willis Re, the reinsurance arm of international broker Willis Towers Watson, has announced the appointment of Brian Shea as Managing Director and Head of Strategic and Financial Analysis for Willis Re International. Shea was previously Head of Willis Towers Watson Securities Europe, having joined the company in 2015. He has 26 years’ ... Read the full article
Miller expands entertainment offering with new music team
24th January 2019
Miller Insurance Services, a London wholesale and specialist re/insurance broker, has expanded its entertainment offering with the addition of four new specialists in music insurance. The music team is led by Martin Goebbels and consists of Holly Leary, Pamela Choat, and Rose Burgess. The group have worked together for many years and ... Read the full article
RSA names Karen Caddick as Group & UK HR Director
23rd January 2019
RSA Group, one of the largest UK commercial insurers, has announced the appointment of Karen Caddick as Group & UK HR Director. She replaces Cathy Lewis, who has served in the role since 2016 and is due to retire from executive work this year. “With a strong track record inside and outside of ... Read the full article
W. R. Berkley names Gary Gudex President of North Pacific subsidiary
23rd January 2019
Re/insurance holding company W. R. Berkley Corporation has appointed Gary Gudex as President of its subsidiary Berkley North Pacific, effective immediately. Gudex joins the regional commercial property and casualty insurer with over 30 years’ experience in the industry. He has served as Director of Underwriting at the corporation's subsidiary Berkley Net since ... Read the full article
Newline adds Markus Schäfer to Cologne team
23rd January 2019
Speciality insurance group Newline has appointed Markus Schäfer as Senior Underwriter, General Liability at Newline Insurance Company Limited in Cologne. Newline set up offices in Cologne last year after announcing in May that it had selected the city as the location for the European Union (EU) insurance hub of Newline ... Read the full article
Gjensidige hires Hope as Director, Reinsurance
23rd January 2019
Leading Nordic insurance group Gjensidige has hired Aleksander Hope as a new Director in its Reinsurance division based in Oslo, Norway. Hope had previously worked at a reinsurance company and an insurance-linked securities (ILS) specialist, giving him broad experience across the various types of reinsurance capital and structures that can be ... Read the full article
Jerry Ridge to be Head of Reinsurance at Lockton Re
23rd January 2019
Reinsurance broker Lockton Re has announced that Jerry Ridge is to lead the firm as Head of Reinsurance, following the retirement of George Carrington this Spring. As Head of Reinsurance at Lockton Re, Ridge will lead the firm's 60 dedicated reinsurance professionals across the UK and the U.S., as the company ... Read the full article
Emma Woolley named Cathedral Underwriting CEO
23rd January 2019
Specialty re/insurance group Lancashire Holdings has appointed Emma Woolley as Chief Executive Officer of its subsidiary Cathedral Underwriting Limited (CUL). She replaces Andrew Mckee, who has served in the role since June 2017 and is due to depart at the end of the month. Woolley brings over two decades of experience in ... Read the full article
FANDO appoints heads of Global Markets & Broking
22nd January 2019
FANDO Group, an independent wholesale, MGA and reinsurance broker based in Sydney, Australia, has appointed Julian Sparkes as Head of Global Markets and David Boreham as Head of Broking. Sparkes, who joins FANDO with effect from 1 January 2019, is the former Chief Executive Officer (CEO) and Founder of Savannah Group, ... Read the full article
Shali Vasudeva to leave Hiscox for AXA UK COO role
22nd January 2019
Shali Vasudeva is set to join AXA UK and Ireland from insurer Hiscox as Chief Operating Officer (COO), a newly created position, effective March 1st, 2019. The appointment remains subject to regulatory approval, and will see Vasudeva deliver more robust operational stability across the firm, as well as lead a Transformation ... Read the full article
Incoming Tokio Marine CEO eyes increased overseas M&A activity
22nd January 2019
The newly promoted, incoming Chief Executive Officer of Tokio Marine Holdings has indicated that he intends to further diversify the company’s geographic footprint via oversees mergers and acquisitions (M&A), according to reports by Reuters. Japanese re/insurers, of which Tokio Marine is one of the most acquisitive, have become increasingly reliant on ... Read the full article