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.
JLT Re hires Michel Fontaine from Guy Carpenter
7th September 2018
JLT Re, the reinsurance broking arm of global brokerage JLT Group, has hired Michel Fontaine, former Senior Reinsurance Broker at Guy Carpenter, as a Partner in its Paris Office. Fontaine has nearly 20 years of re/insurance market experience, having also previously held a number of senior positions Swiss Re, and started ... Read the full article
R&Q announces corporate restructure, establishes newly named unit, Accredited
7th September 2018
R&Q Investment Holdings Ltd. has announced a corporate restructuring to establish a newly named unit, Accredited, which comprises its U.S. and European program management business. At the same time, this restructuring is a renaming of R&Q’s Malta-based insurance platform, R&Q Insurance (Malta) Limited, to Accredited Insurance (Europe) Limited, effective immediately. Todd Campbell will jointly ... Read the full article
Aon’s reinsurance business announces new hire & series of UK leadership changes
7th September 2018
Global re/insurance broker Aon has announced a series of role changes within its London-based UK leadership team as well as the hiring of Peter Stubbings as a replacement for outgoing Chief Executive Officer of Global ReSpecialty, Bob Bisset. Bisset will become UK Growth Leader, overseeing Aon’s nine UK business divisions. He ... Read the full article
Gallagher promotes Steve Kluting within Food & Agribusiness Practice Group
7th September 2018
Gallagher has announced that it has promoted Steve Kluting to national director of product recall, within its Food & Agribusiness Practice Group. Kluting joined Gallagher in 2014, and has 18 years of experience as a "food lawyer", says Gallagher. He helps the firm's food, beverage and restaurant clients prepare for food ... Read the full article
Occam adds Alan Punter to Board as Non-Exec Director
7th September 2018
Specialty Lloyd’s of London managing general agent (MGA), Occam Underwriting, has added Dr Alan Punter to its Board as a Non-Executive Director. Punter worked for 25 years in global insurance broking groups Sedgwick, Alexander & Alexander and then Aon, where he was Managing Director in the Chairman's Office, and Chief Executive ... Read the full article
IDF appoints Ekhosuehi Iyahen as its first Secretary General
6th September 2018
The Insurance Development Forum (IDF), a partnership of the World Bank Group, the United Nations Development Programme, and global insurers, has appointed Ekhosuehi Iyahen as its first Secretary General, effective 1 October 2018. The organisation says Iyahen will be a visible and central point of contact for the IDF, establishing and ... Read the full article
Liberty Specialty appoints General Manager of Insurance for Germany
6th September 2018
Liberty Specialty Markets (LSM), the London-headquartered unit of Liberty Mutual Insurance Group, has announced the appointment of Ronan Gerety as General Manager of Insurance, Germany. Gerety brings over 30 years’ experience to the Cologne-based role and joins from from Ironshore International, where he was Head of Continental European distribution since 2016. “Our ... Read the full article
St. Maarten joins Caribbean Catastrophe Risk Insurance Facility
6th September 2018
St. Maarten has become the 20th country to join the Caribbean Catastrophe Risk Insurance Facility (CCRIF) SPC, purchasing coverage for tropical cyclones, earthquakes and excess rainfall. The island nation joined the Facility on September 1 as a late entrant this policy year, which began on June 1, following the British Virgin ... Read the full article
JLT Re hires Aon’s Vijay Mavani as Partner for Capital Solutions
6th September 2018
Reinsurance broker JLT Re has announced that Aon Benfield’s Vijay Mavani will be joining the firm as a Partner for its European and Global Capital Solutions business, starting in early 2019. Mavani has spent the previous 17 years at Aon Benfield, where he most recently served as Corporate Solutions Director. He ... Read the full article
GCube launches cyber risk cover for renewables
6th September 2018
Specialist renewable energy insurer GCube has a launched cyber risk policy aimed at protecting renewable energy sources from attacks. The policy follows a rise in cyber hostility towards global power generation and transmission infrastructure. “In the renewables market, the benefits of ‘big data’ and interconnectivity in driving operational efficiency are well-established ... Read the full article
Catalina Holdings appoints Parri Spector to newly-created Director role
6th September 2018
Bermuda-headquartered Catalina Holdings has appointed Parri Spector Director of M&A and Reinsurance Transactions, a newly-created role within the business. The company says Spector will focus on developing Catalina’s business in the U.S via opportunities presented by continued active deal flow. He will be located in Catalina’s New York office and will ... Read the full article
$125m insured losses expected from tropical storm Gordon: KCC
6th September 2018
High resolution modelling by Karen Clark & Co (KCC) estimates that the insured loss from Tropical Storm Gordon, which made landfall near the Alabama/Mississippi border on September 4 with 70 mph sustained wind speeds, will be close to $125 million. Modelled estimates include losses to residential, commercial, and industrial properties as ... Read the full article
Markel adds Jennifer Chang to Trade Credit and Political Risk team
6th September 2018
Markel Corporation has expanded its Trade Credit and Political Risk operations in New York with the appointment of Jennifer Chang as Underwriter and Senior Risk Analyst. Chang has nine years’ experience in the trade credit and insurance industry and has broad expertise in both commercial and risk underwriting, having most recently ... Read the full article
Praedicat adds former Zurich CUO & ex Director of Validus to its Board
6th September 2018
Praedicat, an InsurTech analytics company for property and casualty insurers and global industrial businesses, has appointed the retired Chief Underwriting Officer of Zurich North America, Mary Merkel, and former Director of Strategy for Validus Holdings, John Hendrickson, to its Board. “With Mary and John’s deep knowledge of insurance underwriting and strategy, ... Read the full article
Swiss Re Corporate Solutions appoints Codding as Global Head of Cyber & Tech
5th September 2018
Swiss Re Corporate Solutions, the commercial insurance arm of the global reinsurance firm, has appointed Sandy Codding as Global Head Cyber & Technology, effective immediately. Codding brings over 30 years’ experience to the company and in his new role will be responsible for overseeing cyber and technology underwriting guidelines, rating methodology, ... Read the full article
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