Operations/tech
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The former JLT Specialty executive will become managing partner of US aviation and aerospace.
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The move is likely to be interpreted as succession planning for current CEO Cloutier.
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Richard Tomkins will relocate to become managing director of Tysers Bermuda Ltd.
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The pullback is one of several lines to be trimmed as the carrier cuts $900mn of premiums from its portfolio.
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The executive will head up the unit following Angelo Colombo’s departure to Swiss Re.
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National Hurricane Centre warns of dangerous flooding throughout Monday.
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Panellists at a Clyde & Co conference warn that a broadening array of climate change-related litigation will soon start affecting insurers.
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The (re)insurer is expected to pick either its reinsurance or insurance CEO to replace group chief Dominic Addesso.
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The activist claims Illinois and Virginia state departments ‘flip-flopped’ on proxy statement approvals after lobbying.