Allianz
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des Cressonnières has worked for the carrier for 28 years. -
Of the 178 passengers and crew on board, no serious injuries have been reported.
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A collision earlier today caused a cargo of jet fuel to burst into flames.
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The company also announced a EUR2bn share buyback.
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The crash is the latest of several losses for aviation insurers in recent months.
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A new UK CEO for the trade credit insurer will be announced at a later date.
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The executive will report to Colm Holmes and Dick Volger in his new position.
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The biggest riser in this year’s Allianz Risk Barometer was climate change.
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The executive will look to develop the MGA’s specialty underwriting portfolio.
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The move follows objections from the Singapore government.
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The carrier revealed new group financial targets at its Capital Markets Day.
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Tillett succeeds Michela Moro who is returning to Italy, according to Allianz.
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