reorganization News
AXA XL Makes More Changes in Reinsurance Leadership Team
AXA XL announced additional changes within its Reinsurance leadership team, as part of a simplified organizational structure for the unit announced in September. Effective January 1, 2020, in ...
Allstate Plans to Retire Struggling Esurance Brand as Part of Broader Overhaul
Allstate plans to phase out its struggling Esurance brand as part of a broader overhaul in how the company does business, the Illinois-based insurer disclosed on Dec. 19. Executives are framing the ...
MS Amlin Reorganizes Operation, Shifts Leadership
MS Amlin, the London-based insurer and reinsurer, is rolling out a new operating model and senior leadership team in response to the recent decision by its parent company, MS&AD, to reorganize ...
W.R. Berkley Corp. Blends Two of Its Healthcare Units Into One
W.R. Berkley Corp. said it has combined two of its healthcare-focused operating units in a bid to strengthen how it offers their products to customers. BerkleyMed and Berkley Healthcare are now ...
Mitsui Sumitomo Insurance Reorganization Plan Leaves A.M. Best Rating Unchanged
The financial and credit ratings of Mitsui Sumitomo Insurance Co. (MSI) remain unchanged following an announcement by its parent company, MS&AD Insurance Group Holdings (MS&AD), that it plans ...
UK’s Aviva Decides to Keep China, Singapore Businesses After All
Aviva Plc, the U.K. insurer that's overhauling some businesses as part of its chief executive officer's turnaround plan, is to retain its Chinese joint venture as well as assets in its biggest ...
Argo Group Reorganizes Americas Executive Structure
Argo Group International Holdings Ltd is reorganizing its executive structure in the Americas, made possible by the appointment of three new executive vice presidents. Each will report to Kevin ...
AXA Reportedly Considers Selling Off Its Central European Biz
French insurer AXA is considering selling its Central European business as part of a restructuring to quit markets where it lacks scale, three sources familiar with the situation said. AXA is ...