reorganization News
Bermuda’s Fidelis Insurance Reorganizes Underwriting Biz Into 4 Divisions
Fidelis Insurance Holdings Ltd. is restructuring its business into four divisions: Bespoke, Reinsurance, Partnerships and Specialty. Richard Brindle, chairman and group CEO, will take on the ...
TransRe Grabs Some U.S. Renewal Rights From Maiden Re, Whose North America Arm Is for Sale
TransRe has acquired the renewal rights to Maiden Re's U.S. treaty reinsurance underwriting business for an undisclosed price, even as talks to sell Maiden's North America arm are in "advanced ...
To AIG CEO Duperreault, the Path to Profitability Is ‘Not a Straight Line’
After a disappointing second quarter, AIG CEO Brian Duperreault restated his pledge that the struggling insurer would reach an underwriting profit after 2018. He also cautioned that the road to ...
Aon Promotes Marcell to Lead Reinsurance Solutions Unit
Aon plc promoted a veteran executive from within to lead its Reinsurance Solutions unit, a change stemming in part from a decision to retire two long-time brands and streamline. Andrew Marcell will ...
AXIS Re Revamps Operations, Eyes Asia Expansion and New Products
AXIS Re, the reinsurance unit of AXIS Capital Holdings Ltd., has reorganized and expanded its product offerings in key areas and regions in a bid to stay competitive. "As the market transforms, we ...
Aon Names Two Co-Presidents, Retires Remaining Sub-Brands
Aon plc named two of its veteran executives to become co-presidents, and the global broker/consulting firm also retired its remaining business unit brands in a bid to promote more product innovation ...
‘Brilliant Basics’ Continues at QBE With Naming of New Senior Execs
QBE is continuing to revamp its senior management team as part of an ongoing effort to reshape its strategic focus and create more simplified structure. The effort, known as "Brilliant Basics," ...
AIG CEO Duperreault Has Hired or Promoted at Least 13 Senior Execs in First Year
Brian Duperreault has hired or promoted from within at least 13 senior executives at American International Group since he rejoined the insurance giant nearly a year ago. Duperreault, in his letter ...