The days of “rising tide, rising boats” hard markets are over: Selective CEOThe CEO of Selective Insurance Group has declared that “anyone that is going to try to socialise rate is going to get murdered” while also demanding reinsurers disclose more information about their retro counterparties.
Validus Re’s Driscoll takes global property and ag UW role at AIGAIG has moved Validus Re CEO Kean Driscoll to the new position of global CUO for property and agriculture in its General Insurance operation as it builds a layer of senior underwriting management oversight across the unit.
Beach hires casualty and comp exec FieldsReinsurance intermediary Beach & Associates has hired former JLT Re executive Scott Fields as senior vice president in its Burlington, North Carolina office, The Insurer can reveal.
Catlin joins council of fintech investor Motive PartnersStephen Catlin has joined the global advisory council of financial technology investment firm Motive Partners.
Sedgwick appoints Cabrera to Brazil roleCarlyle Group-backed Sedgwick has appointed Beatriz Cabrera as director of its operations in Brazil.
Aviva’s Stoddard steps down as CFOThe reshuffling of senior management at Aviva under new CEO Maurice Tulloch has continued with the announcement that CFO Tom Stoddard is stepping down.
Baugh moves to global CUO role for casualty and financial lines at AIGLex Baugh has taken the newly created position of global CUO for casualty and financial lines at AIG General Insurance, The Insurer can reveal.
McElroy takes over as head of AIG North America General InsuranceDavid McElroy has been promoted to president and CEO of AIG’s General Insurance operations in North America, taking over from Lex Baugh.
Cotton and Sleet resign from JLT Re to join TigerRiskNeill Cotton and Mark Sleet are understood to be joining expansive reinsurance broker TigerRisk after resigning from JLT Re’s programs and binding authority division, The Insurer can reveal.
Chubb taps Hiscox for aerospace head SlevinChubb has swooped on Hiscox for its divisional director of transport, energy and recall David Slevin to lead its London market aerospace practise, The Insurer can reveal.
Markel hires Proferes in global PL executive underwriting roleMarkel has added another senior hire to its underwriting management ranks with the appointment of James Proferes as executive underwriting officer for global professional liability.
Brcerevic appointed head of Aon's Carrier Solutions GroupAon has named Sasa Brcerevic as head of its MGA-focused Carrier Solutions Group, The Insurer can reveal.
Lockton to contest Guy Carpenter and MMC legal action against trioLockton is to contest the legal action launched by Guy Carpenter and Marsh & McLennan Companies (MMC) in New York’s Southern District Court against three former Guy Carpenter executives who recently moved to Lockton Re.
Starr hires Marsh exec as UK and Europe FI headAndrew Hopper has been appointed head of financial institutions for the UK and Europe at Starr Insurance Companies.
MMC and TigerRisk in litigation over Feldman, Freer hiresTigerRisk’s hiring of Kevin Feldman and Elliott Freer last month has led to a lawsuit from Marsh & McLennan Companies in New York, a countersuit in California and the issuance of temporary restraining orders.
Aspen Re CUO Issavi joins RSG’s Ryan ReEmil Issavi is leaving Aspen Re to join Ryan Specialty Group (RSG) and its new reinsurance platform.
Axis swoops on RenRe for CISOBermudian Axis Capital has lured Kelly Isikoff from RenaissanceRe to take up the position of chief information security officer (CISO).
HDI builds out delegated authority team with StarStone hireHDI Global Specialty SE – the insurance heavyweight created from the merging of the specialty lines activities of Hannover Re and HDI Global SE – has added to its London based US delegated authority underwriting team with the hire of Karen Frazer.
Suncorp CEO Cameron steps down suddenlyThe CEO of one of Australia’s largest insurers, Suncorp, Michael Cameron has stepped down immediately after nearly four years in the role.
JLT launches legal proceedings against Hyperion as defections intensifyMMC-owned JLT has begun legal proceedings in the UK against the London-headquartered intermediary Hyperion following a flurry of high-profile resignations, The Insurer can reveal.