Reinsurance News
USAA
Rob Arena appointed President of USAA Life Insurance Company
9th October 2025
The United Services Automobile Association (USAA), a provider of insurance, banking, and financial services for military members and their families, has named Rob Arena as President of USAA Life Insurance Company, effective January 5, 2026. Arena brings more than 30 years of experience in life insurance, retirement solutions, and asset management. ... Read the full article
S&P lowers USAA rating, citing bank weakness and insurance gains
29th May 2025
S&P Global Ratings, a provider of independent credit assessments and financial analysis, has downgraded the credit ratings of United Services Automobile Association (USAA) and its core insurance subsidiaries from ‘AA+’ to ‘AA’. The ratings firm, known for its evaluations of companies’ creditworthiness and financial stability, assigned a stable outlook to the ... Read the full article
USAA names Brian Goldman as Chief Risk Officer
16th May 2025
USAA, a provider of insurance, banking, and financial services for military members and their families, has announced the appointment of Brian Goldman as its new Chief Risk Officer, effective May 27th, 2025. With nearly 30 years of experience in global financial services, Goldman brings a strong history of building and enhancing ... Read the full article
USAA delivers over $1bn to members affected by California wildfires
5th February 2025
USAA, a financial services provider for the military community, has processed 86% of wildfire claims with initial payments, delivering over $1 billion to members affected by the California wildfires. "USAA is deeply committed to supporting our members during this challenging time," added Randy Termeer, USAA Property and Casualty President. "We understand the ... Read the full article
Williamson becomes Acting CEO of Everest following Andrade’s move to USAA
9th January 2025
Bermuda-based re/insurer Everest Group has announced that Jim Williamson, Executive Vice President and Group Chief Operating Officer, has been appointed Acting CEO and joined its Board of Directors with immediate effect, following the departure of Juan C. Andrade, who, after serving as President and CEO since 2020, is set to ... Read the full article
USAA CEO Wayne Peacock to retire in early 2025
3rd September 2024
USAA, a provider of insurance, banking, and investment and retirement solutions for US military veterans, has announced that its President and CEO, Wayne Peacock, will retire in the first half of 2025. Jim Zortman, USAA Board Chairman and retired Navy Vice Admiral, expressed gratitude for Peacock's leadership, saying, “Wayne has always ... Read the full article
USAA’s Wallace becomes Chief Audit Executive, Seybold takes over as CFO
26th July 2024
USAA has announced that Jeff Wallace, the firm's current Chief Financial Officer (CFO), will take on a new role as Chief Audit Executive. Brett Seybold, who is currently the Senior Vice President and Senior Financial Officer for USAA’s property and casualty business, will replace Wallace as CFO. Throughout his 30-year-long career, ... Read the full article
USAA adds insurance veteran Ross Buchmueller to Board of Directors
29th May 2024
USAA, a provider of insurance, banking, and investment and retirement solutions to members of the US military, has announced the addition of a new member to its Board of Directors, Ross Buchmueller, who brings deep expertise in the insurance industry and, as the son of an Air Force veteran, a ... Read the full article
USAA appoints Tom Troy as Chief Transformation Officer
15th September 2023
USAA, a provider of insurance, banking, and investment and retirement solutions to members of the U.S. military, has appointed Tom Troy as its Chief Transformation Officer, effective September 25th 2023. In the newly created role, Troy will lead USAA's transformation initiatives and corporate development team. He will be reporting to Chief ... Read the full article
USAA appoints two industry leaders as SVPs
24th March 2023
Primary mutual insurer USAA has hired two industry leaders as Senior Vice Presidents. Joseph Gates has been named SVP, Chief Risk Officer for the P&C company, and David Selchen has been named SVP, Organizational and Talent Management. Both Gates and Selchen bring over 20 years of industry experience towards their respective roles. Most recently, Gates served ... Read the full article
USAA appoints Randy Termeer as President, Property and Casualty Insurance
2nd August 2022
USAA has announced that Randy Termeer has been named President, Property and Casualty (P&C) Insurance. Termeer joined USAA in 2017 as Senior Vice President and General Manager of Auto Insurance. Most recently he led USAA’s acquisition of Noblr, which took place in June 2021. On top of that, he also launched USAA’s small business ... Read the full article
USAA names Chris Flint as senior vice president and general manager for life and health lines
16th June 2022
USAA Life has named Chris Flint as its new senior vice president and general manager for life and health insurance. In this role, Flint will oversee the life and health insurance product portfolios, with responsibility to grow both product lines to serve more of USAA's members and bring additional value to ... Read the full article
USAA hires Clyde Douglas as SVP & General Manager, Claims
23rd May 2022
Primary mutual insurer, USAA has appointed Clyde Douglas as Senior Vice President and General Manager, Claims. Within this new role, Douglas will oversee the claims organisation, focusing on providing exceptional service to USAA’s members. He brings more than 25 years of experience within the industry, and joins USAA from global insurer, Chubb ... Read the full article
USAA to acquire auto-focused insurtech Noblr
11th June 2021
Primary mutual insurer USAA has today announced its intention to acquire insurtech firm Noblr, Inc. as it looks to offer usage-based insurance (UBI) to its members. Noblr offers smart car insurance that rewards its members' good driving habits by giving highly accurate, competitive rates that are based on numerous factors, including ... Read the full article
USAA enters small business insurance market
29th January 2021
USAA, a provider of insurance, banking and investment and retirement solutions to US military veterans, has entered into the small business insurance market. Whilst the USAA Insurance Agency has offered small business insurance for the last 30 years through unaffiliated insurance companies, USAA will now offer their own small business insurance product. The new ... Read the full article
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