Swiss Re appoints new head of casualty reinsurance

Swiss Re has appointed Jason Richards as head of casualty reinsurance effective Nov. 1, 2017.

Richards has spent 23 years at Swiss Re (including 11 years at GE Insurance Solutions prior to the merger) in functions touching many aspects of reinsurance, according to an Oct. 31 statement. In his current role as head P&C business management, Richards has developed a strong knowledge of core P&C inforce portfolio from a claims, reserving and retro operations perspective and has been heavily involved in large P&C transactions. He has also led the fintech initiative for Swiss Re's reinsurance business.

At the same time, Swiss Re has appointed Nicola Parton as head P&C business management. Parton has more than 20 years of experience in the re/insurance industry. Before leading the implementation of the primary lead strategy, Parton served in various claims leadership roles, including head of corporate solutions claims. During her time at corporate solutions, Nicola also led a number of business initiatives to support client retention and portfolio management strategies.

Furthermore, James Shepherd was appointed head L&H business management. Shepherd is responsible for managing Swiss Re's inforce portfolio of Life & Health reinsurance business. This includes claims management, technical accounting, portfolio management, run-off, auditing, reinsurance operations and reserving. Shepherd has built up a wealth of experience in the industry having started his reinsurance career in 1987 with Victory Re. He joined Swiss Re in 2006 with the GE acquisition, having been part of the GE Global L&H Executive team. After 10 years as a Swiss Re client manager and underwriter in multiple markets, he moved through roles in technology, business services, contracts, technical accounting claims operations and project management, before becoming chief operating officer of the Reinsurance business in 2011.

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