ACE Appoints Ashley, Henderson, Cassidy to Bermuda Reinsurance Unit

September 21, 2012

ACE has announced three appointments in its ACE Tempest Re Bermuda reinsurance unit: Wayne Ashley as Chief Underwriting Officer, International; Graeme Henderson as Vice President, International; and Darin Cassidy as Vice President, USA. All will be based in Hamilton, Bermuda.

Ashley will have responsibility for ACE Tempest Re Bermuda’s business with primary insurers outside of North America and will report to Tim Mardon, Division President, ACE Tempest Re Bermuda., Ashley, who has nearly 18 years of experience in the industry, joined ACE Tempest Re Bermuda in 2006 as Assistant Vice President, International, and was promoted to Vice President in 2009 and Senior Vice President earlier this year. He formerly was with Alea London, where he underwrote the International treaty portfolio. He began his career in London at Zurich Re in 1994 in the Reinsurance Treaty unit.

Henderson, who will report to Ashley, will join ACE from Axis Reinsurance Company, where he has been since 2005, most recently as an Underwriter for the International business in Bermuda. He previously worked for Marsh Global Markets in Bermuda. Henderson is a Bermudian. He received a Bachelor of Arts degree in Political Science from McGill University in Montreal and holds the Chartered Property Casualty Underwriter (CPCU), Associate in Reinsurance (ARe) and Certified Catastrophe Risk Analyst (CCRA) designations.

Cassidy, who has been promoted within the USA unit, will continue to report to Brock Webel, Chief Underwriting Officer, USA Property Catastrophe and Specialty lines. He joined ACE Tempest Re Bermuda in 2004 as a catastrophe analyst, then moved to the USA underwriting team in 2008 and was promoted to Assistant Vice President in 2010. He is also a Bermudian, and received his Bachelor of Arts degree in Public Relations and Advertising and an MBA from the University of Central Florida.

Source: ACE Group

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