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Michael Butt said the company is in “good hands”.
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More and more cyber insurers are seeking alternative capital financing.
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Jonathan Parry, current CEO of QBE's reinsurance group, will retire in a year's time.
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Four regional cross-business CEO positions will be created.
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Bill Cooper moves from a consultant role to leader of the broker’s investment banking business.
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Chris Conway joins TigerRisk from Neon Underwriting Bermuda, where he was senior vice president.
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It is understood that CFO John Parry, who joined the firm last year after holding the same role at Lloyd’s, will become interim CEO.
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The group CUO stressed that returns shouldn’t be judged on a one-year period.
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Benjamin Jacquet has worked at the company for just over three years
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Greg Hendrick has been replaced by Chubb’s Scott Gunter.
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Interim CEO Kevin Rehnberg was confirmed as CEO following Mark Watson’s resignation in November last year.
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Youssef Sfaif has worked at the Dutch pension fund since 2017 and was most recently an associate director.