Saumya Jain

2 days ago | reinsurancene.ws | Saumya Jain

Global insurer Chubb has appointed Janene Blizzard as the Head of Accident & Health (A&H) for Asia Pacific (APAC), effective June 1st, 2025, based in Singapore. Blizzard will report to Marcos Gunn, Regional President, Asia Pacific, with a matrix reporting line to Daniela Hernandez, Division President for International A&H, Overseas General Insurance. In this role, she will lead the strategy, growth, and performance of Chubb’s A&H portfolios across the region.

2 days ago | reinsurancene.ws | Saumya Jain

Markel Insurance, the insurance arm of Markel Group Inc., has bifurcated the operations of its US and Bermuda operations, previously known as Markel Specialty, into US Wholesale and Specialty, and Programs and Solutions. Simultaneously, the insurer has made changes to its senior leadership, effective immediately. The US Wholesale and Specialty segment will be responsible for all US specialty insurance business that flows through the company’s core wholesale and retail channels.

2 days ago | reinsurancene.ws | Saumya Jain

Global insurer American International Group (AIG), Inc. has appointed Ray Hall as Head of Western World, effective immediately, based in Scottsdale, Arizona. In the role, Hall will report to Lou Levinson, President and Chief Executive Officer, Lexington Insurance, an AIG subsidiary. He will drive and execute the firm’s strategies for the contract bind market. Levinson commented on the appointment, “Ray’s appointment reflects AIG’s deep bench strength and strong talent-from-within culture.

2 days ago | reinsurancene.ws | Saumya Jain

UK domiciled insurer Admiral Group plc has agreed to sell its US motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a global private investment firm in the financial services industry.

2 days ago | reinsurancene.ws | Saumya Jain

Insurance holding company W. R. Berkley Corporation has posted record high net premiums written for the first quarter of 2025 at $3.1 billion, compared to $2.8 billion in Q1’24. This was supported by the growth in gross written premiums (GWP) for the quarter, reported at $3.6 billion compared to $3.3 billion in Q1’24. The company explained that net premiums written grew 10% as market conditions remained favourable in several lines of business, particularly the insurance segment.