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Universal appoints Donaghy as new CEO, Downes to become executive chair
Insurance
Florida-based Universal Insurance Holdings has appointed current chief operating officer Stephen Donaghy as its new chief executive officer (CEO).   12 July 2019
RenaissanceRe elevates Neuber to succeed Dutt as corporate treasurer
Insurance
Bermuda-based RenaissanceRe Holdings has promoted Matthew Neuber to succeed Aditya Dutt as its corporate treasurer.   12 July 2019
GIC India chief Alice Vaidyan to retire at end of July
Insurance
Alice G Vaidyan, chairman and managing director of the Indian state-owned reinsurer General Insurance Corporation of India (GIC Re), is retiring at the end of July, Intelligent Insurer can reveal.   11 July 2019
Insurance
Bermuda-based specialty re/insurer Sompo International Holdings has named Michael Chang, Graham Evans and Christopher Sparro to co-lead its commercial property and casualty (SI Commercial P&C) insurance business.   11 July 2019
Insurance
London-based insurtech Concirrus has entered into a partnership with connected camera specialist SureCam, in a move aimed at reducing insurance costs and improving profitability for fleet operators.   11 July 2019
Insurance
Arcus Syndicate 1856, which is managed by Barbican Managing Agency, has hired Alex Shepherd as active underwriter from RenaissanceRe Syndicate 1458 where he was head of property.   11 July 2019
Insurance
Specialty re/insurer Canopius has appointed Jamie Jeffers as underwriter, credit & political risk, for Asia Pacific, effective September 9.   11 July 2019
Insurance
MS Amlin, the first re/insurer to join Lloyd's India office, has informed the Indian regulator IRDAI that it has decided to discontinue business operations in India as part of a group-wide review of its operating structure and performance.   11 July 2019
Insurance
Zurich-based reinsurer Swiss Re has suspended its previously announced initial public offering (IPO) of UK closed life book business ReAssure citing weak investor demand and market conditions.   11 July 2019
Insurance
The economic cost of a record breaking heatwave, severe storms and flooding in Europe in June 2019 is expected to exceed €1.774 billion (US$2 billion), according to Aon’s monthly Global Catastrophe Recap report.   11 July 2019

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