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The executive will be succeeded by Allianz Leben chief Andreas Wimmer.
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The new recruit will build out the start-up’s international political violence book.
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The French mutual’s attempt to enter reinsurance via an acquisition has been thwarted again, according to French publication L’Argus de l’assurance.
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Rinat Bektleuov joined in August 2021 and reports to Charles Goldie, chief underwriting officer.
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The loss aggregator said the change indicated initial over-reserving in the wake of the flooding.
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PRA director Gareth Truran has outlined the dangers of cutting capital requirements for certain assets for insurers, in a speech on specific Solvency II reforms.
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The European Commission wants to incentivise the insurance sector to invest in the post-pandemic recovery.
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Matthew Burton will work as a senior vice president for business development and Paul Fry as head of London office.
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Industry veteran David Sapia will join the leadership team of expansion focused HDI Global.
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Axa UK has appointed David Ovenden from Willis Towers Watson as CUO for its commercial business, a role where he will be tasked to deliver pricing and underwriting programmes and oversee a continual development of underwriting capabilities.
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The regulator has published monthly claims data instalments following the conclusion of the test case into BI cover.
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The nature of the hire demonstrates the level of competition for top talent in the sector.