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Scottish Re looks for new CEOs

Life reinsurer Scottish Re has announced that the company has initiated a search for a chief executive to replace Paul Goldean, who took over after previous incumbent Scott E. Willkomm resigned at the end of July 2006 when a credit crunch forced the company to seek a fresh injection of capital.

The firm said that after transition of responsibilities to the incoming Executive, Paul Goldean will assume the role of chief administration officer. The company said that in this role, Mr. Goldean

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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