Zurich
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The former Zurich Ireland CUO will take on the role from July and report to UK & Lloyd’s market CUO Luis Prato.
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The former UK CUO will move to Zurich in a reshuffle that follows Signorelli’s promotion to commercial insurance CEO.
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The former financial lines CUO will start at the end of the month and be based in Switzerland.
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The carrier says it remains in a strong financial position after a year of financial market volatility and heightened claims.
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The AmTrust-owned MGA will be able to offer policy limits of EUR40mn per transaction.
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The Swiss carrier denies signing off dangerous new-builds without full inspections.
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Maxine Goddard and Rachael Dobie will be senior vice president and assistant vice president respectively.
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The resilience solutions operation joins advisory segments focused on climate change, cyber security and supply chain risk.
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QBE is said to be a fourth potential bidder.
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The ratings agency said Zurich Insurance’s financial performance was “sustainably improved” and gave the rating a stable outlook.
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More customers and investees are in dialogue with the carrier over sustainable energy concerns.
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The four major developments of the week include:
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