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RGA UK appoints Simon Wainwright as new MD

Reinsurance Group of America UK has appointed Simon Wainwright as its new managing director.

Wainwright has almost 30 years experience in financial services and has had roles at Nationwide Building Society, Clerical Medical Investment Group, Midland Bank and HSBC.

His recent roles include serving as chairman for HSBC Re and most recently as the chief executive of HSBC’s UK insurance business.

Wainwright will begin his role on March 26 and will replace David Gulland, who left RGA UK in August to become the chief risk officer at MGM Advantage. Olav Cuiper, currently RGA head of Europe and South Africa, had assumed the UK managing director role on an interim basis.

RGA president and chief executive officer Greig Woodring says: “Simon’s impressive background in and knowledge of reinsurance and banking will be advantageous to RGA as we continue to serve the evolving needs of our clients in the UK and throughout the world. We look forward to his leadership of and his contributions to RGA UK, and to our global organisation.”



MPs call for pension charges comparison site

MPs are pressing the pensions industry to make it easier for people to compare products by introducing a comparison website. A report from the work and pensions select committee says it is too difficult for people to compare fees and charges applied by providers. The committee says the industry should develop a “clear, accessible and […]


Ship appoints Nigel Waterson as chairman

Equity release trade body Safe Home Income Plans has appointed former Conservative shadow pensions minister Nigel Waterson as chairman. Waterson (pictured) replaces Laurie Edmans, who stepped down from the role in December 2011. Waterson says: “This is a historic moment of opportunity for equity release – to boost incomes in retirement, fund long term care […]

Blacksquare nears volatility target

Blacksquare Capital is looking to increase risk in its multi-manager absolute return fund to bring annualised volatility closer to its 4 per cent target. The fund returned 1.05 per cent last month and year-to-date returns were up to 2.63 per cent. These returns were delivered with annualised volatility closer to 3 per cent, which Blacksquare […]


Allan Rosengren joins Signature

Rowan Dartington has appointed Allan Rosengren as relationship development director with its discretionary management service, Signature. The former Lighthouse joint chief executive is currently a partner at Heron Capital and a consultant with Rosengren Consulting. Rosengren (pictured) left Lighthouse in October 2011. He founded Falcon Group in 1983 and joined the Lighthouse board as chief […]


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