MAPFRE creates new global broker role

MAPFRE creates new global broker role

MAPFRE creates new global broker role

MAPFRE has appointed Chris Smith to the newly created role of chief global brokers officer, where he will be responsible for engaging global brokers and developing client relationships. Mr Smith will report to José Manuel Corral, general manager of the corporate business and client area. Mr Smith joined MAPFRE Global Risks in 2013 as head of European business, and later…

AXA moving international risk and reinsurance ops to Ireland

AXA moving international risk and reinsurance ops to Ireland

AXA moving international risk and reinsurance ops to Ireland

AXA’s international risk and reinsurance operations will move from the UK to Ireland ahead of Brexit, according to Reuters. AXA chief executive Thomas Buberl reportedly told press that its Irish subsidiary will underwrite European large risks and reinsurance. Staff from London, where the business is currently written, and France will be moved to the Irish subsidiary to comply with regulatory…

Sompo makes double leadership change as it seeks international growth

Sompo makes double leadership change as it seeks international growth

Sompo makes double leadership change as it seeks international growth

Sompo International, the Bermuda-based specialty insurer and reinsurer subsidiary of Japanese firm Sompo, is shaking up its leadership and operating structure with Nigel Frudd replacing John Charman as CEO. Mr Charman will remain as chairman of Sompo International and take on the role of CEO of overseas insurance business at parent company Sompo, effective 1 April 2019…

AIG appoints ex MetLife Japan boss as new Asia-Pacific CEO

AIG appoints ex MetLife Japan boss as new Asia-Pacific CEO

AIG appoints ex MetLife Japan boss as new Asia-Pacific CEO

US insurer AIG has appointed Sachin Shah as the chief executive of its Asia-Pacific general insurance business. Mr Shah, who was formerly the president, chairman and chief executive of MetLife Japan, will take up his new role at the end of December, subject to regulatory approval. He will be based in Singapore and report to AIG’s general insurance CEO Christopher…

AIG names Talbot CEO Bilsby as head of global specialty

AIG names Talbot CEO Bilsby as head of global specialty

AIG names Talbot CEO Bilsby as head of global specialty

AIG has appointed Talbot’s CEO Peter Bilsby as global head of specialty. Mr Bilsby has been CEO at Talbot, the Lloyd’s (re)insurer bought by AIG in July as part of the Validus deal, since 2016. He will continue as CEO of Talbot until a replacement is found. In his new role, Mr Bilsby will report to Christopher Townsend, CEO of…

New chairman of Labuan Financial Services Authority

New chairman of Labuan Financial Services Authority

New chairman of Labuan Financial Services Authority

The Labuan Financial Services Authority has a new chairman, with the appointment of Datuk Oh Chong Peng. The appointment, which began on 16 October 2018 and runs until 15 February 2020, has been approved by the minister of finance. The Labuan Financial Services Authority said that Mr Datuk Oh has wide experience in financial and other business sectors. He is…

Chubb appoints new division president of Bermuda

Chubb appoints new division president of Bermuda

Chubb appoints new division president of Bermuda

Judy Gonsalves has been appointed vice-president of Chubb Group and division president of Bermuda. She succeeds Joseph Clabby, who has been named chairman of Chubb Bermuda, and will serve in an advisory role to Ms Gonsalves and the Chubb Bermuda team. In her new role, Ms Gonsalves has executive operating responsibility for the Bermuda-based commercial property and casualty insurance business…

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