Chubb
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Chubb has also received demands from shareholders for more information on its climate-related policies.
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The appointment comes after Allison Wilkinson departed Chubb to join Convex.
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The insurer expects to close the transaction during 2022 upon Chinese regulatory approvals.
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The senior underwriting figure will lead one of the bigger aviation portfolios in the London market.
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Nathalie Meyer, Nikolay Dmitriev and Christian Graber have been promoted to fill Dawn Miller’s shoes, was she leaves to join Lloyd’s as commercial director.
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Based in London, Janet Edey will be responsible for developing Chubb’s financial lines business in the UK, Ireland and South Africa.
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Chubb has promoted Emma Walker to the head of aerospace role for Chubb Global Markets, giving her responsibility for managing and developing the carrier’s global aerospace portfolio.
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Analysis of financial data shows that the last decade has seen a marked increase in the proportion of premiums ceded by carriers in all sectors.
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The transaction will near-double the size of Chubb’s A&H book and increase its Asia premium from $4bn to $7bn.
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The former South Africa A&H head will return to London for his new role.
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Nazir boasts 20 years of industry experience, and has served at Chubb for nearly four years.
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Nine (re)insurance firms in London took part in the programme for career-break women, organised by diversity and inclusion firm Inclusivity and supported by the Insurance Families Network.
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