The Catlin Group Limited announced that Markus A. Eugster has been appointed Chief Underwriting Officer for Catlin Re Switzerland.
He joined Catlin in 2010 as Underwriting Director and Deputy Chief Underwriting Officer at Catlin Re Switzerland. In his new role, he will continue to be based in Zurich and will work closely with the individual underwriting teams in all of Catlin Re Switzerland’s offices to support them in the development of existing portfolios as well as investigating the potential for new areas of business.
Catlin Re Switzerland CEO Peter Schmidt, welcomed Eugster to his new post, indicating that the unit is “an essential element of Catlin’s European business, and we have already built a great reputation. I am confident that with Markus’ leadership the team will continue to build on our success to date and seek new opportunities across our target markets.”
Prior to joining Catlin in 2010, Eugster was the Principal of MA Eugster Consulting and held various international mandates. Between 1998 and 2009, he was a Managing Director at Swiss Re and assumed different senior executive functions.
Eugster started his financial market career at Credit Suisse working in commercial banking in Latin America, Zurich and New York. He holds a Ph.D. in International Affairs and Political Economy and a M.A. in International Affairs and Governance, both from the University of St. Gallen in Switzerland.
Catlin Re Switzerland, which was established in 2010, underwrites property and casualty reinsurance products for European cedants. The company also underwrites a global portfolio of credit and surety reinsurance.
Source: Catlin Group