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.
Manulife has appointed Mr Ko Hung as global head of treasury and investor relations and Ms Stephanie Fadous as chief actuary.
Dubai-headquartered regional insurer Islamic Arab Insurance Company (Salama) has announced the appointment of Mr Mohamed Ali Bouabane as group CEO. The appointment is effective immediately as Salama continues to solidify its position as a leading provider of takaful insurance solutions.
UnderwriteMe, the Insurtech company of Pacific Life Re, has appointed Mr Andrew Doran as CEO.
Novidea has appointed Mr Oren Leshem as vice president of sales for the APAC and MENA regions. In his new role, he will lead sales and growth initiatives in these regions, develop strategic customer relationships, expand the company's presence in emerging markets and manage regional sales teams.
Prudential has appointed Mr John Cai as regional CEO for Malaysia, Indonesia, Vietnam and agency. Prior to his new role, he worked with AIA and AXA.
Howden has appointed Ms Brigitte Trafford as group chief corporate affairs officer.