Stephen Catlin, Catlin Group Limited CEO, has been elected chair of the Association of Bermuda Insurers and Reinsurers (ABIR) for a two-year term beginning January 1, 2015.
Catlin succeeds XL Group plc CEO Mike McGavick who completes his two-year term December 31, 2014.
Elected as first deputy chair was Costas Miranthis, president and CEO of PartnerRe Ltd. and Kevin O’Donnell, president and CEO of RenaissanceRe Holdings Ltd. was elected second deputy chair.
Brad Kading, ABIR president and executive director, noted that McGavick’s leadership came at a critical time for the membership as he guided the association with twin priorities, defending itself against the proposed discriminatory reinsurance tax in the U.S. and leading industry consensus building for Bermuda regulatory changes that would allow the Bermuda Monetary Authority to be a candidate for equivalence under the European Union’s Solvency II Directive.
Source: The Association of Bermuda Insurers and Reinsurers (ABIR)
Topics Carriers Reinsurance
Was this article valuable?
Here are more articles you may enjoy.
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability 
Isaias: 47,000 Claims and $582M in Losses in Florida So Far, OIR Reports 
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
Report: Auto Insurance Total Loss Frequency Climbs, More Drivers Pay Repairs 
