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…

Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson appoints western Europe head of FINEX

Willis Towers Watson has appointed Elke Vagenende as head of western Europe for FINEX, its financial, executive and professional risks unit. Ms Vagenende joins Willis after six years at AGCS, most recently as head of market management. In her new role, Ms Vagenende will be based in London, working closely with global FINEX specialists and risk advisers across western Europe.…

Julie Boucher to take on new islands role at Marsh captive solutions

Julie Boucher to take on new islands role at Marsh captive solutions

Julie Boucher to take on new islands role at Marsh captive solutions

Marsh has announced two senior leadership appointments within Marsh captive solutions with effect from 1 January 2019. Julie Boucher will assume direct leadership of Marsh’s Bermuda, Cayman and Barbados captive offices, in the newly created role of islands practice leader. Ms Boucher is currently the Americas practice leader and will relocate to Bermuda from Vermont. She has 30 years’ captive…