Swiss Re is turning to a veteran Allianz executive for the new leader of its Corporate Solutions arm. An MS Amlin executive will join AXIS Reinsurance to lead its property reinsurance business at Lloyd’s.
Andreas Berger has been appointed CEO of Swiss Re’s Corporate Solutions arm and made a member of the Group Executive Committee, effective April 1, 2019.
Berger is currently Chief Regions & Markets Officer and Member of the Board of Management of Allianz Global Corporate & Specialty SE. He succeeds Agostino Galvagni, who has decided to step down from Swiss Re at the end of 2018, but will remain as an advisor during the transition period.
Galvagni has worked for Swiss Re for more than 30 years, holding various leadership roles. He became CEO Corporate Solutions in October 2010, where he has been instrumental in growing Swiss Re’s commercial insurance business and expanding its global presence with a network structure now extending to over 80 countries.
Berger joins Swiss Re with more than 20 years of experience in the insurance industry. Prior to his current Allianz role, Berger held various leadership positions at Allianz Group.
AXIS Reinsurance, the reinsurance segment of AXIS Capital Holdings Limited named William Bennett as Senior Underwriter, Property Reinsurance at Lloyd’s.
Bennett will join AXIS Re in March 2019, charged with handling underwriting all property reinsurance lines at Lloyd’s for AXIS Re, with a particular focus on U.S. regional and mutual property reinsurance business. He will be based in London and report to Jonathan Gray, Head of Property Reinsurance at Lloyd’s for AXIS Re.
Bennett joins AXIS Re from MS Amlin, where he was a Lead Underwriter responsible for operations within the firm’s North American Property Reinsurance team, as well as leading strategy and planning for its small and medium mutual insurance book. Before joining MS Amlin in 2001, Bennett was an Assistant Underwriter at Mumford Syndicate. He was also a claims broker, placing broker and Divisional Director for Willis Re.
Sources: Swiss Re, AXIS Reinsurance