Latest news with #executiveappointments
Yahoo
17-07-2025
- Business
- Yahoo
Aon bolsters reinsurance team with new executive hires
Aon, the UK-based global professional services company, has made executive appointments to enhance its reinsurance division. The company appointed Alfonso Valera as CEO of International for Reinsurance, while Steve Hofmann has been named CEO of Americas for Reinsurance. Valera will oversee the UK, Europe, Middle East and Africa (EMEA) and Asia-Pacific (APAC) regions, while Hofmann will manage North America and Latin America. Valera previously served as co-CEO of EMEA for reinsurance and CEO and general manager of Aon Re Iberia. Hofmann's prior roles include US CEO of Reinsurance and US co-president of Reinsurance at Aon. The company also appointed George Attard as global head of strategy for Reinsurance and Tomas Novotny as chairman of International for Reinsurance. George Attard served for 17 years at the company, most recently as CEO of Reinsurance for APAC, focusing on strategy and client engagement. Novotny's previous roles include co-CEO of EMEA for reinsurance, chairman of the Board for central and eastern Europe, and broking leadership roles based in Prague. Aon Global Solutions CEO Andy Marcell said: "We are delighted to promote Alfonso, Steve, George and Tomas into these important leadership roles as we accelerate the ambition and velocity of our industry-leading reinsurance solutions business. 'Together, they bring decades of leadership experience, deep client relationships, market knowledge and domain expertise. Supported by outstanding talent and experts across our regions, they will help shape the next stage of our growth." Recently, Aon introduced a new multi-line insurance facility aimed at supporting clients in managing risks associated with the development and operation of data centres. "Aon bolsters reinsurance team with new executive hires " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
10-07-2025
- Business
- National Post
Arch Insurance North America Names Five Division Presidents
Article content NEW YORK — Arch Insurance North America (Arch) today announced that five of its well-established executives have been named to the newly-created roles of Division Presidents, effective Aug. 1, 2025. Article content Linda Fallon has been named Division President, Consumer Business, which includes the Travel, Accident & Health unit and the Warranty and Lenders Solutions unit. Mark Lange has been named Division President, Middle Market and Entertainment. Justin Psaki has been named Division President, Financial, Professional and Programs, which includes management liability, professional liability and cyber as well as the P&C Programs unit. Rich Stock has been named Division President, Casualty and Surety. Valerie Turpin has been named Division President, Property and Marine. Article content All five Division Presidents will report to Brian First, President of Arch Insurance North America. Article content 'The alignment of our business units into these five divisions reflects the tremendous growth that Arch Insurance North America has experienced in the past five years,' First said. 'Each of these Arch leaders has played a meaningful role in that expansion, and I look forward to their continued contributions toward further growth, profitability and the development of their teams.' Article content For more information about Arch Insurance North America, and its product offerings, visit: About Arch Insurance North America Arch Insurance North America, part of Arch Capital Group Ltd., includes Arch's insurance operations in the United States and Canada. Business in the U.S. is written by Arch Insurance Company, Arch Specialty Insurance Company, Arch Property & Casualty Insurance Company, Arch Wilsure Insurance Company and Arch Indemnity Insurance Company. Business in Canada is written by Arch Insurance Canada Ltd. Article content About Arch Capital Group Ltd. Article content Arch Capital Group Ltd. (Nasdaq: ACGL) is a publicly listed Bermuda exempted company with approximately $24.3 billion in capital at March 31, 2025. Arch, which is part of the S&P 500 Index, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. Article content Cautionary Note Regarding Forward-Looking Statements Article content The Private Securities Litigation Reform Act of 1995 provides a 'safe harbor' for forward−looking statements. This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the Company's current views with respect to future events and financial performance. All statements other than statements of historical fact included in or incorporated by reference in this release are forward−looking statements. Article content Forward−looking statements can generally be identified by the use of forward−looking terminology such as 'may,' 'will,' 'expect,' 'intend,' 'estimate,' 'anticipate,' 'believe' or 'continue' or their negative or variations or similar terminology. Forward−looking statements involve the Company's current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in these statements. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and the Company's ability to maintain and improve its ratings; investment performance; the loss of key personnel; the adequacy of the Company's loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events, including the effect of contagious diseases on our business; the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses the Company has acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to the Company of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to the Company; an incident, disruption in operations or other cyber event caused by cyber attacks, the use of artificial intelligence technologies or other technology on the Company's systems or those of the Company's business partners and service providers, which could negatively impact the Company's business and/or expose the Company to litigation; and other factors identified in our filings with the U.S. Securities and Exchange Commission (SEC). Article content The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. All subsequent written and oral forward−looking statements attributable to us or persons acting on the Company's behalf are expressly qualified in their entirety by these cautionary statements. The Company's forward-looking statements speak only as of the date of this press release or as of the date they are made, and the Company undertakes no obligation to publicly update or revise any forward−looking statement, whether as a result of new information, future events or otherwise. Article content Article content Article content Article content Contacts Article content Media: Article content Article content
Gulf Business
09-07-2025
- Business
- Gulf Business
New leadership appointed to key real estate sectors at Dubai Land Department
Image: Dubai Media Office According to a statement issued by the Dubai Media Office, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, in his capacity as Chairman of The Executive Council of Dubai, has issued two new executive resolutions concerning senior appointments at the Dubai Land Department. Under Executive Council Resolution No. (48) of 2025, Majid Saqr Abdullah Al Marri has been appointed as the CEO of the Real Estate Registration Sector. Read: In a parallel move, Executive Council Resolution No. (49) of 2025 names Majida Ali Rashid as the CEO of the Real Estate Development Sector. Both appointments are effective immediately from the date of issuance and will be published in the Official Gazette.
CNA
03-07-2025
- Business
- CNA
Barclays reshuffles APAC investment banking leadership to boost regional presence
Barclays announced on Thursday a series of executive appointments within its Asia Pacific investment banking division, aiming to strengthen its operations in the region. These changes follow the May appointment of company veteran Avinash Thakur as head of division. Barclays mainly caters to corporate and institutional clients in Asia, and has hired a handful of senior executives over the past two years to beef up its investment bank, markets unit and private banking businesses. As part of the reshuffle, Richard Satchwell has been named as the head of Capital Markets Financing, Asia Pacific, while Duncan Connellan will assume the role of chief of Investment Banking, Australia. "Asia Pacific is crucial to our global growth plan, and this team will drive the next phase of our ambition," Thakur said. Ee-Ching Tay, who is also the current head of Investment Banking, Southeast Asia, has been named as chief of M&A, Asia Pacific.
Yahoo
03-07-2025
- Business
- Yahoo
Barclays reshuffles APAC investment banking leadership to boost regional presence
(Reuters) -Barclays announced on Thursday a series of executive appointments within its Asia Pacific investment banking division, aiming to strengthen its operations in the region. These changes follow the May appointment of company veteran Avinash Thakur as head of division. Barclays mainly caters to corporate and institutional clients in Asia, and has hired a handful of senior executives over the past two years to beef up its investment bank, markets unit and private banking businesses. As part of the reshuffle, Richard Satchwell has been named as the head of Capital Markets Financing, Asia Pacific, while Duncan Connellan will assume the role of chief of Investment Banking, Australia. "Asia Pacific is crucial to our global growth plan, and this team will drive the next phase of our ambition," Thakur said. Ee-Ching Tay, who is also the current head of Investment Banking, Southeast Asia, has been named as chief of M&A, Asia Pacific. Continuing its major revamp, Barclays has appointed David Henderson, a former Goldman Sachs executive, as CEO of its operations in Australia. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
