(PRESS RELEASE) ZURICH, 18-Aug-2021 — /EuropaWire/ — Swiss Re, the world’s second-largest reinsurer, has announced it made leadership changes at its Reinsurance Business Unit. As of 1 January 2022 Julie Stephenson will succeed Jason Richards as Global Head of Casualty while he will be moving over to become Country President and CEO UK & Ireland.
Jason Richards, currently Global Head of Casualty, will be appointed Country President and CEO UK & Ireland, effective 1 January 2022. As CEO UK & Ireland, he will be responsible for driving profitable growth of the UK & Ireland reinsurance portfolio and continuing to strengthen Swiss Re’s influence and position in the London market.
Jason Richards brings nearly 30 years’ experience in the re/insurance business. He joined Swiss Re in 2006 as part of the GE Insurance Solutions acquisition before becoming Head of Property & Casualty Business Management in 2013. Jason Richards took on his current role as Global Head of Casualty in November 2017 and has in this role successfully improved the quality of Swiss Re’s casualty portfolio, grown the P&C transactions portfolio, and set a strong foundation for its solutions business.
Julie Stephenson will join Swiss Re as Global Head of Casualty and member of the Reinsurance Management Team. She is joining from US commercial and property insurer CNA where she currently serves as a Senior Vice President and Chief Operating Officer, Middle Market.
Julie Stephenson joined CNA in 2015 as the Commercial CUO responsible for profitability, portfolio management and underwriting governance for all of CNA’s commercial property and casualty business. Prior to joining CNA, she served as Senior Vice President and Global Liability Manager for Chubb and was responsible for the strategic direction of the portfolio across all global markets where Chubb has liability exposure, including the US, UK, Germany, Australia and China.
Moses Ojeisekhoba, Swiss Re CEO Reinsurance: “I’m very pleased with the appointments announced today. Jason Richards will bring a wealth of experience and strong track record to lead the important UK & Ireland market. With Julie Stephenson, we’ve found an accomplished leader as Global Head of Casualty with over 25 years of industry experience and profound knowledge in casualty underwriting.“
The Swiss Re Group is one of the world’s leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk – from natural catastrophes to climate change, from ageing populations to cyber crime. The aim of the Swiss Re Group is to enable society to thrive and progress, creating new opportunities and solutions for its clients. Headquartered in Zurich, Switzerland, where it was founded in 1863, the Swiss Re Group operates through a network of around 80 offices globally.
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SOURCE: Swiss Re