Britain’s new government named Andrew Bailey as the next Bank of England boss on Friday. Following is reaction to his appointment. LIZ MARTINS, UK ECONOMIST, HSBC “In terms of Mr Bailey’s position on the dove-hawk spectrum, it is very hard …
Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney with the U.K.’s top financial regulator, just as Britain faces the next phase of Brexit. He’ll start on March 16, …
Ascot has appointed Crystal Greene as senior vice president, head of Management Liability. Greene will lead Ascot’s commercial directors and officers (D&O) and related product business in the U.S from Atlanta. She joins Ascot with 25 years of experience – …
Alibaba Group Holdings Ltd. and finance affiliate Ant Financial unveiled a series of management changes, including a new chief executive officer for Ant, as they seek to boost expansion overseas and tighten coordination between the two operations. Ant Financial, the …
Portage, Michigan-based J.M. Wilson announced the end of an era with the retirement of Betty Yahr, senior property/casualty underwriter. Yahr, whose last day is Dec. 20, has been with J.M. Wilson Corporation for over 42 years holding numerous titles throughout …
Covington, Louisiana-based Fidelis Group Holdings LLC (FGH), a provider of marine insurance coverage and services, has created a new senior management structure for the company and its subsidiaries, Continental Underwriters Ltd. (CU), Fidelis Marine Underwriters LLC (FM) and Fidelis Claims …
The Philadelphia Contributionship (TPC) has hired Thomas Greenfield as president and CEO. Greenfield is taking over the mantle from Robert Whitlock, Jr., who was appointed president and CEO in 2009. Whitlock will retire later this year. Greenfield will provide strategic …
Starr Insurance Cos. announced the appointment of Carsten Nawrath as Aviation underwriting manager, leading the build-out of a new Aviation insurance operation based in Munich, Germany. The operation will write aerospace and general aviation business for clients across Central Europe. …
Penn National Insurance President and CEO Christine Sears will transition on January 1 to CEO, and Executive Vice President and Chief Operating Officer Robert B. Brandon will become president on that date. Sears also announced that she plans to retire …
American International Group (AIG) has named Peter S. Zaffino as president, effective Jan. 1, 2020. Zaffino will continue to serve as global chief operating officer of AIG and chief executive officer of General Insurance. Brian Duperreault, AIG chief executive officer, …
