Driscoll confirmed as Validus Re ceo

May 23, 2012 by Adrian Hönig in  Baden-Baden Meeting

Validus Re has formally named Kean Driscoll as the replacement for outgoing chief executive Conan Ward, a move which has acted as a catalyst for a series of promotions within the Bermudian reinsurance operation.

Driscoll was formerly executive vice president and chief underwriting officer, and this gap will now be filled by Jeff Clements, previously head of US property and specialty underwriting.

Validus Re’s executive vice president of marine underwriting, Paul Manders, has also taken on responsibility as head of specialty underwriting, while Chris Silvester, currently senior vice president of US property underwriting, has been promoted to executive vice president and head of US property underwriting.

 

 

Talanx revamps outwards reinsurance programme

Mar 22, 2012

Talanx is reorganising its outgoing reinsurance.

Profit falls at Munich Re

Mar 13, 2012

GERMANY-based reinsurer and insurer Munich Re has reported a consolidated result of €712m ($937m) for 2011, down from €2.43bn in 2010 and its poorest performance for at least five years. Gross premiums written rose to €49.6bn from €45.5bn.

Scor earnings fall one-fifth but life business blossoms

Mar 08, 2012

French reinsurer Scor recorded a 21.1% drop in net earnings in 2011 to €330m ($437.1m), as last year’s string of natural catastrophes took its toll on the profitability of the group’s property/casualty (p/c) business.