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Vietnam: Key Changes to Reinsurance Business
On July 1, 2016, the Vietnam government enacted with immediate effect Decree No. 73/2016/ND-CP guiding the Law on Insurance Business 2000, as amended in 2010 (Decree 73). Decree 73 replaces Decree No. 45/2007/ND-CP (and its amendments) and Decree No. 46/2007/ND-CP.
Decree 73 introduces the following key changes to the reinsurance business in Vietnam:
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Hallenbeck to retire from EMC Reinsurance
Ron Hallenbeck, president of EMC Reinsurance Co. for nearly 22 years and an EMC employee for more than 42 years, will retire on Aug. 19, EMC Insurance Cos. announced.
Vicki Freese, assistant reinsurance manager, will become president of EMC Reinsurance upon Hallenbeck's retirement. "While Ron's leadership and expertise will be missed, I'm certain this will be a seamless transition," said Bruce Kelley, EMC's president and CEO.
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Swiss Re hires former Old Mutual CEO to lead MEA reinsurance operations
Swiss Re has appointed Tavaziva Madzinga as reinsurance managing director and market executive for Middle East and Africa, effective November 1, replacing Frank O’Neill who was recently appointed as chief executive officer (CEO) for Swiss Re UK.
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Vietnam: Key Changes to Reinsurance Business
On July 1, 2016, the Vietnam government enacted with immediate effect Decree No. 73/2016/ND-CP guiding the Law on Insurance Business 2000, as amended in 2010 (Decree 73). Decree 73 replaces Decree No. 45/2007/ND-CP (and its amendments) and Decree No. 46/2007/ND-CP.
Decree 73 introduces the following key changes to the reinsurance business in Vietnam:
- Read full article
- Comments(0) To comment, please Sign In
Hallenbeck to retire from EMC Reinsurance
Ron Hallenbeck, president of EMC Reinsurance Co. for nearly 22 years and an EMC employee for more than 42 years, will retire on Aug. 19, EMC Insurance Cos. announced.
Vicki Freese, assistant reinsurance manager, will become president of EMC Reinsurance upon Hallenbeck's retirement. "While Ron's leadership and expertise will be missed, I'm certain this will be a seamless transition," said Bruce Kelley, EMC's president and CEO.
- Read full article
- Comments(0) To comment, please Sign In
Swiss Re hires former Old Mutual CEO to lead MEA reinsurance operations
Swiss Re has appointed Tavaziva Madzinga as reinsurance managing director and market executive for Middle East and Africa, effective November 1, replacing Frank O’Neill who was recently appointed as chief executive officer (CEO) for Swiss Re UK.
- Read full article
- Comments(0) To comment, please Sign In