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.
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
Chubb’s ABR Reinsurance hires Ramlal as Underwriting Director
21st January 2019
ABR Reinsurance Capital Holdings, the self-reinsurance vehicle jointly operated by Chubb and investment management firm Blackrock, has appointed Sean Ramlal as an Underwriting Director. Ramlal joined ABR Re in November 2018 from QBE Reinsurance, where he served for the previous four years as Vice President, Treaty Underwriter. At QBE Re, he was responsible ... Read the full article
Markel CATCo heads dropped after review, new execs take over
21st January 2019
Markel Corporation has announced that reinsurance executives Jed Rhoads and Andrew Barnard are to take over management of Markel CATCo following an internal review that resulted in the departure of the unit’s former heads, Anthony Belisle and Alissa Fredricks. Belisle, who was CATCo’s Chief Executive Officer (CEO), and Fredricks, who was ... Read the full article
Allianz announces three senior promotions
18th January 2019
Insurance giant Allianz has revealed the promotions of three senior executives, starting with Birgit König, current Chief Executive Officer of Allianz Deutschland’s private health insurer Allianz Private Krankenversicherung (APKV), who will now head the international unit Allianz Digital Health (ADH). König has been CEO of Allianz Private Krankenversicherung since 2012 and ... Read the full article
Swiss Re appoints non-exec Chairman of ReAssure, still targets IPO
18th January 2019
Global reinsurance giant Swiss Re has announced the appointment of Archie Kane as the new non-executive Chairman of the Board of Directors of ReAssure, its UK closed book business. The appointment is effective immediately, and sees Kane provide leadership to the firm's Board of Directors, as well as advise management on ... Read the full article
MMC names Portalatin Vice Chair, Ferland becomes Mercer CEO
17th January 2019
In the wake of its $5.6 billion acquisition of Jardine Lloyd Thompson (JLT) Group, broking and advisory giant Marsh & McLennan Companies (MMC) has announced the appointment of Martine Ferland as President and Chief Executive Officer of its global consulting subsidiary Mercer, effective 1 March 2019. Ferland replaces Julio Portalatin, who served ... Read the full article
Guy Carpenter restructures to accommodate JLT Re teams
17th January 2019
Reinsurance broker Guy Carpenter has announced the establishment of a new Global Capital Solutions Group that will be led by the firm's Vice Chairman, David Priebe. At the same time, the firm has revealed a series of new appointments, all in relation to the acquisition of JLT Group by its ... Read the full article
Beazley to appoint Sally Lake as Finance Director
17th January 2019
Specialist re/insurer Beazley has announced that Sally Lake is to be appointed as Group Finance Director, effective once Martin Bride steps down from the position in May 2019. Lake has been Group Actuary at Beazley since 2014, with responsibility for the pricing and reserving practices of the group. She joined the company ... Read the full article
Liberty Mutual Re adds international casualty underwriter to Paris office
17th January 2019
Liberty Mutual Re, the reinsurance arm of Liberty Mutual Insurance Group, has appointed Vincent Gilardi as Senior Underwriter for International Casualty, effective immediately. Based in the company's Paris office, Gilardi reports to the reinsurer's Head of Europe and MENA, Eric Sugier. He joins the firm from XL Catlin, where he served as ... Read the full article
Aviva’s Chris Wei elected Chairman of IIS Executive Council
17th January 2019
The Executive Council of the International Insurance Society (IIS), a global forum for insurance industry stakeholders, has elected Aviva’s Executive Chairman of Asia, Chris Wei, as its Chairman. Wei will succeed former President & Chief Executive Officer of RGA, Greig Woodring, who remains on the Council serving as Immediate Past Chair. Wei ... Read the full article
AXIS Capital appoints Keith Schlosser as Chief Information Officer
16th January 2019
Bermudian re/insurance group AXIS Capital Holdings has announced the appointment of Keith Schlosser as Chief Information Officer. Schlosser joins AXIS from Chubb, where he spent the previous seven years as Chief Information Officer for the company’s Overseas General Insurance division, leading a number of growth and digital initiatives. He has 30 years ... Read the full article
Berkshire BHSI enters UK construction, appoints SCOR’s Seamer to lead division
16th January 2019
Berkshire Hathaway Specialty Insurance (BHSI), the insurance arm of Warren Buffett’s global insurance and reinsurance company, is expanding into the UK property construction insurance market and has added Simeon Seamer to lead as Head of Property Construction, UK & Ireland from the firm's London office. Alongside property construction, BHSI's UK expansion ... Read the full article
AIG adds Thomas Motamed to Board of Directors
16th January 2019
American International Group, Inc. (AIG) has announced that Thomas F. Motamed has been elected to its Board of Directors, effective immediately. Motamed retired from his position as Chairman and Chief Executive Officer (CEO) of CNA Financial Corporation in 2016, a role that he had held since 2009. Prior to this, he spent ... Read the full article
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