chief risk officer (CRO) News

Lloyd’s Chief Risk Officer Weaver Leaving Market After 16 Years

Lloyd’s of London announced that Hilary Weaver, the corporation’s chief risk officer, is leaving at the end of March 2019 after 16 years. Weaver joined Lloyd’s in 2004 as head of Internal Audit and became chief risk officer in April …

Arch Capital Group Names Englesbe as Chief Risk Officer

Arch Capital Group Ltd. announced that Janice Englesbe will join the company as senior vice president, chief risk officer (CRO) effective Feb. 25, 2019. Englesbe will be based in Arch’s Bermuda office and report to FranΓ§ois Morin, the company’s executive …

Rosengarten Retires as XL Group’s Enterprise Risk Officer; Norton Named Successor

XL Group Ltd. announced that Jacob Rosengarten, group chief enterprise risk officer, retired effective Dec. 31, 2017. Fielding (Fid) Norton, who previously held the position of deputy chief enterprise risk officer, has been appointed as his successor, subject to Bermuda …

Zurich Insurance Taps Martin from Swiss Re as Group CRO, Succeeding Reyes

Zurich Insurance Group announced that Alison Martin will join the group on Oct. 1, 2017 and will assume the role of group chief risk officer in January 2018. She will succeed Cecilia Reyes, Zurich’s current group chief risk officer, who …

QBE Australia & New Zealand Names Prudential Plc’s Baxter as CRO

QBE Australia and New Zealand announced that Mark Baxter has been appointed to the position of chief risk officer. Baxter has recently returned from the UK where he was Prudential’s chief risk officer for the UK and Europe and an …

Risk Management Not Keeping Up with Escalating Risks: Survey

Most executives see risks increasing in both number and complexity – but those same executives say their organizations’ risk management efforts may not be staying abreast of those risks. The findings are part of a report titled “The State of …

Good Risk Management Is Just Good Business: Steel, Former CRO of AXIS Capital

Companies originally created the role of the chief risk officer because they “recognized that good risk management is really good business,” according to Michael Steel, former CRO at AXIS Capital. The role of CRO is a relatively new one for …

Geneva Association’s Fitzpatrick on Systemic Risks, Nat Cats, ILS, Cyber Risks

When the Geneva Association’s presentation on how and why governments and re/insurers need to work more closely adjourned, we were able to talk to the organization’s Secretary General, John Fitzpatrick, a former CFO of Swiss Re and currently a non-executive …