Swiss Re creates new E&S business unit in North America

Swiss Re creates new E&S business unit in North America

Swiss Re creates new E&S business unit in North America

Swiss Re Corporate Solutions (CorSo) has announced the creation of a standalone Excess & Surplus (E&S) business unit in North America. In an email to brokers, Ivan Gonzalez, CEO of CorSo North America, said the unit will include Swiss Re Corporate Solutions’ traditional E&S property and E&S casualty groups, adding: “Our E&S group will be fortified with the addition of…

Marsh appoints CEO of Middle East and Africa region

Marsh appoints CEO of Middle East and Africa region

Marsh appoints CEO of Middle East and Africa region

Marsh has announced that Christos Adamantiadis has been as appointed CEO of a newly-combined Middle East and Africa region. He will join Marsh on 1 May 2018 and will be based in Dubai, reporting to Flavio Piccolomini, president of Marsh International. Mr Adamantiadis will assume responsibility for all of Marsh’s operations across the Middle East and Africa. According to Marsh,…

Zurich announces EMEA leadership transition

Zurich announces EMEA leadership transition

Zurich announces EMEA leadership transition

AXA’s Amanda Blanc will join Zurich as CEO of Europe, Middle East & Africa (EMEA) later this year, as Gary Shaughnessy steps down from the role. Ms Blanc will also replace Mr Shaughnessy on Zurich’s executive committee when she joins the firm in the fourth quarter. Mr Shaughnessy has decided to step down from his full-time role to ensure a…

Peter Mullen to return to Artex as CEO

Peter Mullen to return to Artex as CEO

Peter Mullen to return to Artex as CEO

Peter Mullen is to rejoin Artex as CEO-elect, after seven years at Aon. He helped found Artex in 1997 and was a member of its executive team until his departure for Aon in 2011. He will take up his position in March 2019, once he has fulfilled his contractual obligations to Aon Captive and Insurance Management, where he has been…

Willis Towers Watson appoints head of Bermuda captive practice

Willis Towers Watson appoints head of Bermuda captive practice

Willis Towers Watson appoints head of Bermuda captive practice

Paul Bailie has been appointed as head of Willis Towers Watson’s Bermuda captive practice. Mr Bailie will be responsible for business development and delivering the company’s value proposition around designing, forming, managing and providing strategic guidance to Bermuda captive and insurance management clients, said Willis Towers Watson. He will report to Paul Owens, managing director, Willis Towers Watson Global Captive…

New head of Singapore business for ArgoGlobal

New head of Singapore business for ArgoGlobal

New head of Singapore business for ArgoGlobal

Lloyd’s insurer ArgoGlobal has appointed Veronica Grigg as senior executive officer for ArgoGlobal Asia. She will be based in the Singapore office and report to Matt Harris, ArgoGlobal’s head of Europe, Middle East and Asia. Ms Grigg, who will take up her role in April, brings more than 25 years of industry experience in the Asia-Pacific markets. She joins ArgoGlobal…

AXA to buy XL for $15.3bn

AXA to buy XL for $15.3bn

AXA to buy XL for $15.3bn

AXA said it has taken a “major leap forward” along its strategic journey, through the planned acquisition of XL Group for €12.4bn ($15.3bn). The deal will be paid for in cash and represents a 33% premium to XL Group’s closing share price on 2 March 2018. The deal creates the biggest P&C commercial lines insurer in the world, according to AXA. The combined operation…

XL Catlin appoints country head for China

XL Catlin appoints country head for China

XL Catlin appoints country head for China

Phil Xue has been announced as the new chief executive officer and general manager of XL Insurance (China) Co Ltd, pending regulatory approval. Mr Xue will be responsible for coordinating all activity in China. He comes from a ten-year stint at Guy Carpenter, where he was most recently head of south China market and head of the broker’s Shanghai operation,…

Brokerslink appoints new CEO but Fonseca to remain on board

Brokerslink appoints new CEO but Fonseca to remain on board

Brokerslink appoints new CEO but Fonseca to remain on board

Jacqueline Legrand has been appointed as CEO of Brokerslink, to succeed José Manuel Fonseca, who is stepping down to focus his efforts on managing the significant growth of MDS Group, a Brokerslink reference shareholder. However, Mr Fonseca, CEO of MDS Group, will retain the role of founder and board member of Brokerslink. Jacqueline Legrand is chief operating officer and board…

XL Catlin names Tim Powell CUO of international financial lines

XL Catlin names Tim Powell CUO of international financial lines

XL Catlin names Tim Powell CUO of international financial lines

XL Catlin has appointed Tim Powell as chief underwriting officer for international financial lines business. Effective from 1 March, Mr Powell will be promoted from his current post as product group leader for Asia-Pacific financial lines. In his new role, Mr Powell will be responsible for XL Catlin’s financial lines portfolio in all regions outside the US. The company said…

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