Catalina
-
Charles Kasmer stepped down from his role as group chief actuary at Catalina in June 2021.
-
Plus the latest impact of cat activity on reinsurer results and all the top news from the week.
-
Insurance Insider takes a deep dive into the challenges facing the #2 run-off player following a regulatory probe, management turnover and a big 2020 loss.
-
The business has seen an exodus of senior staff members in the past two years, including founding CEO Chris Fagan.
-
Departures over the last 18 months include the CEO, CFO, COO and chief actuary.
-
Michael Costonis will assume the new position of global head of marketing, strategy and innovation.
-
The exit follows news earlier this year that founding CEO Chris Fagan was stepping down to be replaced by Bruce Hemphill.
-
It is understood the book will be reinsured to close into Compre’s new legacy syndicate once the launch is approved.
-
The move follows Axa LM's decision to cease bidding for new external deals, revealed in September last year.
-
The legacy carrier also appoints Tony Cunningham and Fiona Walden following the departures of Aditya Dutt and Jacques Bonneau from the board.
-
The new recruits join from Swiss Re and StarStone.
-
Bruce Hemphill joined the board last year.
Most Recent
-
AIR and Verisk businesses to rebrand under ‘Verisk’ name
28 January 2022 -
Aon entering 2022 with ‘more momentum than ever before’: Case
28 January 2022 -
PIB furthers Polish expansion with Brokers Union deal
28 January 2022 -
Marsh Global Index shows Q4 price increases of 13%
28 January 2022
