LV= places 600 jobs at risk following L&G acquisitionUK insurer LV= is to axe around 600 jobs over the next two and a half years as it looks to integrate its recently acquired Legal & General business and position itself for the future.
Lancashire to enter Bermuda casualty market in 2021Lancashire will begin writing casualty business from Bermuda in early 2021 as part of a build out of its product lines on the island, The Insurer can reveal.
WTW adds former Marsh SVP Toms to aviation unitWillis Towers Watson has added former Marsh senior vice president Simon Toms to its London-based aviation business, The Insurer can reveal.
Arch looks to QBE and Chubb to bolster Australian A&H unitArch Insurance Australia has named Melissa Ahern and Simon Reid as senior underwriters within its accident & health (A&H) division with immediate effect.
PartnerRe reports u/w loss as Clarke to be replaced by BonneauExor-owned PartnerRe yesterday revealed a $260mn non-life underwriting loss in the second quarter and a Covid-19 hit of $305mn, as CEO Emmanuel Clarke announced plans to leave the group.
PartnerRe names Bonneau CEO as Clarke leavesPartnerRe has appointed board member and industry veteran Jacques Bonneau as president and CEO to take over from Emmanuel Clarke, who is leaving the Bermudian by “mutual agreement” to pursue other opportunities outside the group.
ABI names Clark regulation head as Savill steps awayThe Association of British Insurers (ABI) has named Charlotte Clark CBE as director of regulation, replacing Hugh Savill who is retiring at the end of the year.
Canopius promotes Pike to head of CPR teamLloyd’s insurer Canopius has promoted Stephen Pike to head of its credit and political risk (CPR) team, effective immediately.
Guy Carpenter adds Piatti to global risk solutions teamGuy Carpenter has bolstered its global risk solutions business with the appointment of Andrea Piatti as managing director, effective 3 August.
MGA Aurous enters D&F market with Antares’ CurtisLondon-based Aurous has entered the property D&F class with the hire of Will Curtis who was most recently at Antares.
Axa XL unveils new Americas leadership and structureAxa XL has rolled out the latest part of its insurance business restructure under group CEO Scott Gunter with details of its Americas leadership team, led by regional CEO Joe Tocco.
Axa XL appoints leadership team for UK & Lloyd’sAxa XL has appointed Elie Hanna, Luis Prato and Martin Turner onto a client-facing leadership team for the group’s UK & Lloyd’s region, effective immediately.
Oneglobal adds London veteran Grant to boardOneglobal has continued its build out with the addition of Alan Grant as non-executive director.
Tysers confirms Buesnel as CEOTysers has confirmed the appointment of Deloitte’s Clive Buesnel as the new Group CEO of the London-headquartered wholesale broker, as revealed by The Insurer earlier today.
Lockton Re adds GC’s Barden as aviation chairmanLockton Re has appointed former JLT Re aviation partner Graham Barden as chairman of its aviation and aerospace practice.
Everest Re names Karmilowicz insurance CEOEverest Re has made the internal appointment of Michael Karmilowicz as the new CEO of its insurance division filling the position left vacant when Jonathan Zaffino quit the carrier to join Ascot back in April.
Swiss Re appoints new P&C head following Schuh departureSwiss Re’s global head of P&C Solutions Erich Schuh is stepping down from the role and will be succeeded by Pranav Pasricha.
Pembroke hires Ark’s specialty programmes lead WilliamsHamilton-owned Pembroke Managing Agency has swooped on Ark for its specialty programmes senior underwriter Karyn Williams, The Insurer can reveal.
Arch names SVP of ceded reinsuranceArch Insurance International has promoted Krista Bonneau to the position of senior vice president of ceded reinsurance, effective immediately.
AGCS confirms Maxwell appointment at Eur800mn ART unitAllianz Global Corporate & Specialty (AGCS) has confirmed the appointment of Grant Maxwell as Global Head of its Eur800mn+ ART unit.