Hashtag: #BusinessExecutives
Nicola Bruce Joins Appleby Bermuda As Partner
Appleby announced that Nicola Bruce, a leading private client lawyer in trust law and trust litigation, recently joined the Bermuda office as Partner. A spokesperson said, “Nicola has a wealth of experience in offshore private client work, including many years practicing in Bermuda. She has acted for some of the world’s highest net-worth international... Read more of this article
BILTIR Appoints Suzanne Williams-Charles
Bermuda International Long Term Insurers and Reinsurers [BILTIR] has announced a series of leadership changes, including the appointment of Suzanne Williams-Charles to the newly-created position of Chief Executive Officer. A spokesperson said, “Suzanne will join BILTIR in April. She brings more than 25 years of experience in the insurance sector,... Read more of this article
Mark Cloutier Elected First Deputy Chair At ABIR
The Association of Bermuda Insurers and Reinsurers [ABIR] announced that the Board has elected Mark Cloutier, Executive Chair and Group Chief Executive Officer at Aspen, as First Deputy Chair at ABIR. A spokesperson said, “Cloutier replaces Christopher Schaper, now American International Group’s Global Chief Underwriting Officer, who stepped... Read more of this article
Premier & Arch CEO To Speak At Risk Summit
A keynote conversation between Premier David Burt and Marc Grandisson, CEO, Arch Capital Group Ltd. [Arch] will kick off the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency [BDA], in partnership with the Association of Bermuda Insurers and Reinsurers [ABIR] and EY. In 2021, Arch celebrated its 20th anniversary as a Bermuda... Read more of this article
Chubb Bermuda Appoints Richard Porter
Chubb Bermuda has combined its Financial Lines and Excess Liability product lines under a single leader, Richard Porter, who has been promoted to an expanded leadership role as Executive Vice President, Head of Liability Lines. A spokesperson said, “He will assume full management, profit and loss performance responsibility for the new division,... Read more of this article
Mosaic Insurance Appoints Taylor Denier
Mosaic Insurance has appointed Taylor Denier to lead growth of its US environmental liability business as the division expands globally to meet rising demand. A spokesperson said, “Denier joins the specialty insurer’s New York office as SVP, Head of US, Environmental Liability, reporting to Global Head Jim Finnamore and is responsible for leading... Read more of this article
Arch Welcomes Prabhu Venkataraman As CIO
Arch Insurance North America has appointed Prabhu Venkataraman as its Chief Information Officer. A spokesperson said, “In this role, Venkataraman is responsible for leading technology implementation and services across the segment, with a particular focus on strategic alignment, data enablement and empowering the business. He reports to Prashant... Read more of this article
New PwC Global CEO Survey Released
The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled year-on-year. At the same time the proportion of CEOs concerned about their long-term business viability has risen to 45% as tech and climate pressures accelerate, according to PwC’s 27th Annual Global CEO Survey, published today. A... Read more of this article
Somerset Reinsurance Appoints Manisha Dias
Somerset Reinsurance Ltd. has appointed Manisha Dias as Head of New Business Development. A spokesperson said, “Somerset Reinsurance Ltd. [Somerset], a leading provider of reinsurance solutions to the U.S. life insurance and annuity market, is delighted to announce the appointment of Manisha Dias as Head of New Business Development with immediate... Read more of this article
Compre Completes Acquisition Of Two Portfolios
Compre, the Bermuda-domiciled international legacy group, today announces the acquisition of two portfolios of European casualty and motor liabilities from separate undisclosed international insurance groups. A spokesperson said, “All necessary approvals have been granted by Bermudian and European regulators, allowing Compre’s class 3B Bermudian... Read more of this article
PartnerRe Announces Retirement Of CEO
PartnerRe Ltd. announced the retirement of Jacques Bonneau, with Philippe Meyenhofer succeeding him as Chief Executive Officer and joining the Board of Directors. A spokesperson said, “PartnerRe Ltd. [the Company] today announced that effective April 1, 2024, Jacques Bonneau will retire from the Company and Philippe Meyenhofer will succeed him... Read more of this article
Carmen DeSilva Joins QBE Re Bermuda
QBE Re announce the appointment of Carmen DeSilva, noting that she has “more than 15 years of experience working across Property and Specialty underwriting in Bermuda and previously held roles at Platinum Underwriters and Axis Specialty.” A spokesperson said, “Building out the Bermuda Specialty reinsurance capabilities, DeSilva will... Read more of this article
