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Lloyd’s John Neal sponsors market modernisation project LM TOM
Insurance
Lloyd’s of London CEO John Neal will be the interim sponsor of modernisation programme the London Market Target Operating Model (LM TOM) after the departure of Shirine Khoury-Haq, COO of Lloyd’s, who has been its sponsor since it was launched in 2015.   2 April 2019
Former New Ocean CEO McKeown departs AXA XL; re/insurer eyes ILS growth
Alternative Risk Transfer
Re/insurer AXA XL has revealed that Chris McKeown, the former CEO of New Ocean Capital Management, has stepped down from his role as vice chairman to pursue other interests outside the company.   2 April 2019
Everest bolsters Lloyd's general liability casualty unit with Ironshore hires
Insurance
Everest Insurance, a part of Bermuda-based Everest Re Group, has expanded its Lloyd’s general liability casualty team with two senior hires from Ironshore Insurance.   2 April 2019
Insurance
London-based specialty insurer Newline Group has launched its new European Union insurance hub in Cologne, following authorisation from the German Federal Financial Supervisory Authority (BaFin).   2 April 2019
Insurance
American International Group (AIG) has appointed Rich Baich as senior vice president, chief information security officer.   2 April 2019
Insurance
As Marsh & McLennan, Guy Carpenter’s parent company, finalised its acquisition of Jardine Lloyd Thompson (JLT) today, Guy Carpenter’s Peter Hearn, president and CEO, and Ross Howard, vice chairman emphasised their focus on technology and how it will change the nature of risk.   1 April 2019
Insurance
Global reinsurance, wholesale and specialty broker Ed has lured Abhishek Chhajer to the company to be head of credit, political risks and surety solutions, Asia Pacific.   1 April 2019
Insurance
Insurance claims following the Ethiopian Airlines crash and consequent grounding of Boeing’s 737 Max 8 planes could be as much as $1 billion, according to James Vickers, chairman of Willis Re International.   1 April 2019
Insurance
The Chartered Insurance Institute (CII) has hired Kenny Siu as its regional director for Asia Pacific, based in Hong Kong, to bolster international growth objectives.   1 April 2019
Insurance
A Liberty Specialty Markets (LSM) executive is aiming to break the stigma around mental ill-health at work by talking about her own experiences as part of a pro-active mental health initiative.   1 April 2019

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