Insurance Briefs

Resolution Life gets new president

Global life insurance group Resolution Life has appointed Moses Ojeisekhoba as its new President.

Tuesday, September 17th 2024

Resolution Life acquired AMP Life some years ago and is buying Asteron Life in New Zealand.

Ojeisekhoba will play a key role in driving the company's growth strategy, working closely with the company's founder and CEO Sir Clive Cowdery. Ojeisekhoba is expected to succeed Cowdery as CEO by 2026, with Cowdery continuing as Executive Chairman.

Ojeisekhoba brings more than 30 years of experience in the insurance sector to his new role. He joins from Swiss Re, where he spent more than 12 years in senior executive positions. Most recently, he was CEO Global Clients and Solutions, overseeing relationships with some of Swiss Re’s most important clients. Before this, he served as CEO Reinsurance, where he strengthened the division's market position. He also led Swiss Re’s business in Asia as CEO Reinsurance Asia and Regional President Asia, driving significant growth in the region. Earlier in his career, Ojeisekhoba held senior leadership roles at Chubb Group and Unico American Corporation.

At Resolution Life, Ojeisekhoba will lead the company's commercial division, focusing on strategy, growth, profitability, and value creation.

The appointment comes after a year of strong performance for Resolution Life, which secured key partnerships with Blackstone and Nippon Life, raised $3 billion in equity capital, completed three reinsurance transactions, launched a $500 million Tier 2 listed debt issuance, and acquired Asteron Life, Suncorp's New Zealand life insurance company.

Sir Clive Cowdery says Ojeisekhoba will be crucial for the company's next growth phase.

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