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Novae Re defections continue

15 June 2012

There have been further resignations of Zurich-based staff from Novae Re this week following the defection of the firm's two leading executives last month, The Insurance Insider can reveal.

The latest executives to depart are expected to eventually rejoin former Novae Re CEO Gunther Saacke and chief underwriting officer Willi Schuerch who, after resigning in May, are thought to be launching a Swiss platform with the ambitious Qatari reinsurer Q-Re.

In addition to actuary Mark Cockcroft, a number of senior...


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