IAG's Intermediated Insurance Australia (IIA) business announced these new appointments, in alignment with the repositioning of its division to improve responsiveness and uplift service experience:
AXA XL has appointed to its India branch Mr Akash Jain as underwriting assistant; Mr Alok Shukla as CEO of XL Insurance Company - India Reinsurance Branch; Ms Priya Manchanda as claims specialist; Mr Saumitra Sharma as CUO; Mr Saurabh Bhootara as property, energy and construction underwriter and Mr Vinod Kumar as assistant underwriter.
The Global Asia Insurance Partnership (GAIP) has appointed Ms Min Hung Cheng as its new CEO.
Lloyd's has announced that Mr Patrick Tiernan has been appointed as CEO by the Council of Lloyd's.
Qatar Insurance Company (QIC UAE), the retail arm of Qatar Insurance Group in the UAE, has announced the appointment of Mr Prasad Aniyil as its CEO, according to a company statement.
Munich Re has appointed Ms Diana Bär CFO for Australasia, effective 1 July 2025.
SCOR has appointed Mr Philipp Rüede as CEO for life and health (L&H) and member of the executive committee, effective 1 June 2025.
China's insurance industry is undergoing a sharp contraction in executive pay, driven by tighter regulatory scrutiny and formal pay restraint policies. The latest data shows that in 2024, only five unlisted insurers reported senior executive annual salaries exceeding CNY5m ($690,000), down from 10 in 2023. In some cases, individual pay packages dropped by as much as 67%.
Transamerica Life Bermuda has appointed Ms Kristine Ung as CEO, effective 1 May 2025 and subject to regulatory approval.
Swiss Re has appointed Mr Bernhard Kaufmann as group CRO, effective 1 October 2025.