TransRe
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Civil case, nuclear verdict and claims count data show worrying trends. -
The promotions will help TransRe strengthens its cyber focus.
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This publication recently noted that ongoing rate declines and questions about past accident years are leading to calls for D&O price discipline.
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As part of a number of senior role changes, the reinsurer promoted Ben Hodge to the role of head of US property, treaty and facultative.
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Sources said the executive, who has over two decades of experience in the (re)insurance sector, will take a position at regional intermediary Reasinter.
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Industry veteran Paul Bonny will continue to offer advice to the company through his ongoing role as non-executive director.
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The companies will likely “benefit from the vast financial resources and financial flexibility,” the agency said after the completion of the merger deal with Berkshire Hathaway.
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In tandem, the reinsurer elevated Stephanie Danbrowney to take over Crutchley’s previous role as head of US facultative casualty.
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The firm's ethos will remain the same, but the bigger balance sheet may help it win clients and absorb volatility.
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As part of senior role changes, TransRe has also promoted Brian Gallahue to the role of deputy CFO.
