People Moves: WTW Hires Bryce From Magnes for Personal Lines, Canada; Markel Taps PwC's Feng as Warranty & Indemnity U/W; RSA Names Godfrey as Transformation Dir.

Published on August 11, 2023
This edition of International People Moves details appointments at WTW, Markel and RSA Insurance. A summary of these new hires follows here. WTW Hires
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PVI Re officially rebrands to Hanoi Re after 12 years of operation

August 11, 2023
PVI Reinsurance Joint Stock Corporation has officially announced that it has been granted license number 86/GPĐC5/KDBH by the Ministry of Finance to change the company’s name to Hanoi Reinsurance Joint Stock Corporation, effective from August 3, 2023.Commenting on the change, Phung Tuan Kien, Chairman of the Board of Directors of Hanoi Re, said, “After 12 years of establishment and development, PV

QBE’s reinsurance recoveries soar 174% to $1.144bn in H1

August 11, 2023
By the end of the first-half of 2023, global re/insurer QBE had received $1.144 billion of reinsurance recoveries, up a significant 174% on the prior year period.Catastrophe losses have been expereinced at an elevated level by QBE in H1 of 2023, with events in New Zealand and the United States the main drivers.In announcing its results this morning, CEO Andrew Horton commented, “Challenges from ca