Alexander Roth will lead the unit, which pulls structured reinsurance, analytics and capital markets specialists together to serve clients in Europe, Asia and other markets.
The IAG brand has handed out its opening round of locally decided awards in a flood-hit region of New South Wales, with emergency communications the dominant theme.
The former SCOR chief keeps global charge of Capital and Advisory while taking on Latin America and the Caribbean alongside the Asia-Pacific businesses.
The agreement extends a seven-year collaboration combining underwriting capacity, climate analytics and data-driven risk modelling to support faster payouts for corporate and public-sector clients.
Samsung Life is also said to be looking at acquiring a 15% stake in Principal Financial Group, which would make it the US retirement provider's largest shareholder.
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