QBE
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The executive will succeed Jamie Thompson, who was appointed financial lines director for QBE European operations last May.
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The move follows the departure of QBE’s former aviation head Steve Allen and 10+ of his staff in October.
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Brid Reynolds will be responsible for the oversight and development of risk functions globally.
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The InsurTech said it will significantly grow sales efforts in the next two years.
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The executive had headed the unit since 2016 after joining from AIG’s aerospace business.
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The reinsurer has also appointed Greg van der Made as treaty underwriter and David Cary as underwriting manager.
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Jim Fiore’s responsibilities will be divided between two UK colleagues, sources indicated.
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The report showed the impact of the pandemic on A&H and documented a drop in claims for neoplasms.
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The read-across from the extreme weather to losses is not simple and insurers may do better than would be assumed.
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The facility is the second in South America for the firm, which established a local presence in Argentina in 2016.
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Gross written premiums at the carrier’s North American segment grew by 9% to $4.7bn.
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Shares in the Australian carrier slumped 12% following the disclosure.
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