Argo Group International Holdings Ltd. announced Wednesday that Matthew Wilken has been promoted to president of Argo Re. In his new role, Wilken will oversee the company’s property-catastrophe reinsurance operations based in Bermuda.

The post was previously held by Andrew Carrier, who has served dual roles as group chief underwriting officer for Argo Group and president of Argo Re since 2011. Carrier will continue in his role as group chief underwriting officer for Argo Group.

Wilken joined Argo Group in 2008 and previously served as chief underwriting officer of property risks at Argo Re. Prior to joining the company, Wilken held progressively responsible roles in reinsurance underwriting at Kiln & Co. in London. He will report to Argo Group CEO Mark E. Watson III.

“Andrew and Matthew and the entire team at Argo Re have done an excellent job establishing a meaningful Bermuda-based reinsurance platform for Argo Group over the past five years,” commented Watson. “Since 2011, Andrew has had the additional responsibility of overseeing enterprisewide underwriting for business that has expanded in both scope and geography. This is an ideal time to turn the helm of Argo Re over to Matthew, whose proven leadership and underwriting skills are well-respected at Argo Group and throughout the industry.”

Source: Argo Group International Holdings Ltd.