SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the appointment of Bronek Masojada as chair of the company’s Board of Directors, effective immediately. Masojada, who joined the board on May 2 this year, is an insurance market veteran with …
This edition of International People Moves details appointments at BMS Re, Arch Insurance International, and SiriusPoint. A summary of these new hires follows here. Wheeler Promoted to President of BMS Re BMS Re, the specialty reinsurance arm of the global …
Specialist global insurer Hiscox announced that after 21 years as group chief executive, Bronek Masojada plans retire at the end of the year. In January 2022, he will be succeeded by Group Chief Financial Officer Aki Hussain, subject to regulatory …
Hiscox Ltd., the international specialist insurer, announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Reardon succeeds Mike Krefta, who, as announced in August, will be stepping down in early 2021. Most …
Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the red on Monday and pummeled its shares to their lowest in more than two months. The company, which operates on …
The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses caused by …
More than half of in-scope market risks were placed electronically in the London and Lloyd’s markets during the second quarter, surpassing targets placed on the Platform Placing Ltd. (PPL) and other recognized electronic placement systems. The target for this quarter …
Lloyd’s has gathered a group of industry heavy-hitters — such as Evan Greenberg at Chubb, Dan Glaser at Marsh & McLennan, and John Haley at Willis Towers Watson — to sit on advisory committees that will help support and develop …
Insurers in the Lloyd’s of London market have switched 45% of their business to an electronic platform, ahead of target, the platform said on Monday. The insurance industry has been slower to move to electronic trading than other parts of …
More than 50,000 risks have been bound on the London market’s electronic placement platform, with nearly 12,500 risks bound in the last three months alone, announced the board of the Placing Platform Ltd. (PPL). “This is another watershed moment for …
