Reinsurance News
People moves
News on insurance and reinsurance industry hiring, appointments and people moves. News and announcements covering key hires and people moves across the global reinsurance, commercial and specialty insurance markets.
WR Berkley names Michael Marcus as new president of Berkley Industrial
19th May 2022
WR Berkley had appointed Michael Marcus to be the new president of Berkley Industrial Company, succeeding Chandler F. Cox, Jr. Cox, meanwhile, has been appointed the chairman of the business. It is understood that both appointments are to be effective immediately. W. Robert Berkley, Jr., president and chief executive officer of WR ... Read the full article
Mercer hires former PwC co-lead to its Risk Transfer team
19th May 2022
Mercer, the global consulting subsidiary of broking and advisory giant Marsh McLennan, has announced the appointment of Nikhil Patel as a Senior Principal in the company’s Risk Transfer team. In this new role, Patel will advise clients on how to effectively manage their pension risk, either through bulk annuity, longevity swap, ... Read the full article
Lockton Re hires James Donnelly for its accident, health, and life segment
19th May 2022
Lockton Re has hired James Donnelly as a senior broker within its accident, health, and life segment. A statement from the firm said that Donnelly was most recently part of the life, accident, and health team at Guy Carpenter and has also spent time at Aon as an associate director. Before that, ... Read the full article
FedNat CFO Jordan quits
18th May 2022
Ronald A. Jordan, CFO of troubled insurance company FedNat, has resigned from his role. The resignation of Jordan is the latest in a series of travails for the firm. A filing from the FedNat Holding Company announced that he has handed in his resignation, effective June 10th, 2022. The filing states ... Read the full article
Zurich appoints new CFO of commercial insurance in Sarah Maillet
18th May 2022
Zurich has a new CFO of commercial insurance in Sarah Maillet, who takes up the role at the beginning of June. Maillet will report to Sierra Signorelli, CEO of commercial insurance, and be based in Zurich, Switzerland. In her new role, she will be responsible for leading, directing and controlling Commercial Insurance’s ... Read the full article
Acrisure Re hires Ainsby from WTW to lead new Asia fac operation
18th May 2022
Acrisure Re, the reinsurance arm of the brokerage and fintech platform, has hired Duncan Ainsby from WTW to lead its new Asia facultative operation based out of the firm's new Hong Kong office. Ainsby takes on the role of Senior Vice President (SVP) of Facultative Reinsurance and Head of Asia. Based ... Read the full article
SiriusPoint adds Daniel S. Loeb to board of directors
18th May 2022
Bermuda-based reinsurer SiriusPoint has said that Daniel S. Loeb will join its board of directors. Loeb, the founder and CEO of Third Point, will be joining the board as Joshua L. Targoff steps down. Targoff, a partner at Third Point, will be take on the board observer rights of Loeb. Sharon Ludlow, ... Read the full article
SiriusPoint CEO Sid Sankaran departs
18th May 2022
Sid Sankaran, the Chairman and Chief Executive Officer (CEO) of Class of 2020 reinsurer, SiriusPoint, has retired from the company and will be replaced by Daniel Malloy on an interim basis. An announcement from the Bermuda-based carrier states that Sankaran has left the firm to pursue other opportunities. The Board has elected ... Read the full article
Core Specialty recruits Ann Brady as Agriculture SVP
18th May 2022
Specialty property and casualty (P&C) insurer Core Specialty Insurance Holdings has announced the appointment of Ann Brady as Senior Vice President of Agriculture. Brady brings decades of agriculture insurance knowledge, specifically serving as an Agriculture reinsurance broker for the previous twelve years with Guy Carpenter. In her new role, she will report ... Read the full article
Liberty Mutual Re appoints Alice Sharman to new role
17th May 2022
Liberty Mutual Re has appointed Alice Sharman to the role of senior underwriter for casualty reinsurance. Sharman is assuming the role this week and will be responsible for underwriting the firm’s US casualty treaty portfolio. She will be based in London and replaces Max Mallen, who was recently promoted to the ... Read the full article
Prudential’s Gaurav Wadhwa joins Vesttoo as CFO
17th May 2022
Alternative risk transfer and investment platform, Vesttoo has appointed Gaurav Wadhwa, former Prudential Financial executive, as its new Chief Financial Officer (CFO). Within his new role as CFO, Wadhwa will help build a global finance organization, as well as overseeing the company's financial reporting, accounting, tax, treasury, financial planning and analysis, ... Read the full article
Andrew Smith to serve as Conduit Re’s Chief Risk and Sustainability Officer
17th May 2022
Andrew Smith, Chief Risk Officer (CRO) at reinsurer Conduit Re, has seen his role expand to lead the firm's climate change related initiatives, as Chief Risk and Sustainability Officer. In his expanded position, Smith will support Executive Chairman, Neil Eckert, and will report to and join the independently chaired ESG Committee. Smith ... Read the full article
SCHUMANN International launches London office, announces senior appointments
17th May 2022
SCHUMANN, a leading risk management advisor for trade credit and surety business, has announced that it is launching a dedicated and permanent London presence with a brace of senior appointments and the launch of a London office. After more than twenty-five years trading from its German headquarters, SCHUMANN International Limited will ... Read the full article
MS Amlin (MS AUL) adds Rob Margetts to Strategy & Transformation team
16th May 2022
Lloyd’s global specialty re/insurer, MS Amlin Underwriting Limited (MS AUL) has appointed Rob Margetts to its Strategy & Transformation team. He will join MS AUL in the coming months, and will report to Martyn Rodden, Director of Strategy & Transformation. Within his new role, Margetts will develop and implement a range of ... Read the full article
Aon appoints Charles Knight as Global Yacht Manager
16th May 2022
Leading global professional services firm, Aon has named Charles Knight as Global Yacht Manager, Specialist in Yacht, and Pleasure Craft. Knight joined the company on May 3, 2022, and reports to Global Yacht Leader – Emma Carpenter. Within this new role, Knight will drive the development of Aon’s small yacht offering for ... Read the full article
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