Operations/tech
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The appointment positions the outgoing Lloyd's executive as a likely successor to Zaffino as GI head. -
The main operating subsidiary of Maiden Holdings will “redomesticate” from Bermuda by mid-March.
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The outgoing chairman will be replaced by the former banker, who has been Axis’ lead independent director since 2012.
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The takeover could win Aon business that was lost after MMC’s purchase of JLT and cut Willis’ expenses.
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The carrier takes its first bite of a $2bn repurchase authorisation after a steep drop in its share price.
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Stephen Postlewhite will succeed the executive as managing director.
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The Bermuda carrier will take a 29.5 percent slice of the listed trade credit insurer but rules out a full bid for at least 12 months from the deal closing.
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Chris Conway joins TigerRisk from Neon Underwriting Bermuda, where he was senior vice president.
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Co-president O’Connor to exit, with Bruno taking additional role as COO.
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Bill Cooper moves from a consultant role to leader of the broker’s investment banking business.
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Acrew Capital led the round, with Munich Re Ventures also participating.
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