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EC News (14 April 2022)

  • Publish Date: Posted about 2 years ago
  • Author:by Alan Jarque

Round-up of the weekly news and developments from the global (re)insurance market with stories from AIG, GCube, Fidelis and more.

AIG appoints Tom Bolt as chief risk officer

American International Group (AIG), has announced the appointment of Tom Bolt as Executive Vice President (EVP) and chief risk officer, succeeding Sabra Purtill, who was recently named Executive Vice President and Chief Investment Officer for AIG’s Life & Retirement business, effective immediately. Read More

GCube launches offices in Spain and Australia, announce a series of new hires

GCube expands its global presence with the opening of its two offices in Spain and Australia in addition to five new appointments to the underwriting and claims teams in Europe and North America. Read More

Fidelis names deputy group head of D&F property

Fidelis has announced the promotion of Mark Herget to deputy group head of D&F property, responsible for leading the growth of Fidelis’ direct and facultative writing in Bermuda. Herget will continue to work alongside Michael Davern Co-Deputy FUL CUO and group head of D&F property. Read More

IAP appoints Bhaven Pathak as partner and head of UK & Europe  

Specialist insurance M&A and strategic advisory firm, International Advisory Partners has announced the appointment of Bhaven Pathak as partner and head of UK & Europe, effective 1st May 2022. Read More

RenaissanceRe adds Shannon Lowry Bender to Governance Committee

International reinsurer, RenaissanceRe (RenRe) has appointed Shannon Lowry Bender, group general counsel and corporate secretary to the firm’s Governance Committee. The Governance Committee is the most senior management team and is responsible for governance and strategy of the company. Read More

UNDP & Generali form partnership to develop insurance solutions for the vulnerable

Generali and the United Nations Development Programme announce a multi-year partnership that will support developing countries to access insurance and risk finance solutions, to increase the socioeconomic wellbeing of some of the world’s most vulnerable people and places. Read More