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Chubb CFO set to retire

spike 10 hours ago

Chubb has announced that Philip Bancroft, executive vice president of Chubb Group and its chief financial officer, will retire from the company on July 01 after 19 years of service. Peter Enns will join the company on or before April 01 as executive vice president of finance, and will succeed Bancroft upon his retirement.

Enns has more than 30 years of finance and investment banking experience. He spent more than 20 years with Goldman Sachs in various senior roles, including as partner of its US Financial Institutions Group, head of its Asia Financial Institutions Group, and chief executive of its

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Gallagher introduces new chief executive for reinsurance business

spike 10 hours ago

It was just last year that Capsicum Re became Gallagher Re, and now the brokerage giant’s reinsurance arm is set for another major change – thanks to the arrival of a new CEO.

Read more: Gallagher finalises 100% deal for Capsicum

Simon Behagg is set to take the role from Rupert Swallow in February, subject to regulatory approval. The move brings to the end a seven-year stint for Swallow who helped to oversee the transition to Gallagher Re, with its 180-strong team and operations moving into Gallagher’s UK broking division. The rebrand became complete in October last year.

“The enormity

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QBE Singapore CEO Ronak Shah looks back at challenging year

spike 10 hours ago

IB: How did QBE navigate the extremely challenging year of 2020?

Shah: Our priority was in ensuring business continuity, while operating on a work-from-home basis. This saw us continuing to meet the needs of our partners and customers via virtual correspondence and mediums, and ensuring our teams had ample touchpoints and interactions between colleagues.

Earlier in the year, as we approached the peak of the pandemic, we realised the need for an emphasis on digitalisation and redirected our focus toward improving our digital offerings to our partners and customers. This was key to us driving more digitalisation efforts than

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Biden Incorrectly Says No One Misplaced Insurance Under Obamacare

spike 2 days ago

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