Folks Strikes: Canopius Faucets AXA XL’s Houghton as Product Chief, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Japanese Europe

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Folks Strikes: Canopius Faucets AXA XL’s Houghton as Product Chief, Specialty; Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Japanese Europe

This version of Worldwide Folks Strikes particulars appointments at Canopius and Swiss Re.

A abstract of those new hires follows right here.

Canopius Faucets AXA XL’s Houghton as Product Chief, Specialty

Canopius, the London-based world specialty and property and casualty re/insurer, introduced it has appointed Mark Houghton to the newly created position of world product chief, Specialty.

Mark Houghton

Primarily based in Singapore, he takes up the place in October and can oversee the governance, efficiency and requirements of Canopius’ specialty underwriting strains throughout the enterprise.

Houghton can even be answerable for product improvement and innovation in addition to establishing Canopius’ danger urge for food for specialty strains throughout the globe. He’ll report on to Group Chief Underwriting Officer Sam Harrison.

With over 20 years’ expertise in insurance coverage and in wider monetary providers, Houghton joins Canopius from AXA XL, the place he led the political danger crew for over a decade earlier than being appointed head of Specialty in Asia.

The announcement follows a collection of great hires this yr for Canopius Group, with the appointment of Quickly Eager Lee as CEO in APAC & MENA in addition to Jesse DeCouto as chief underwriting officer and Tonia Morgan as chief monetary officer of Canopius Reinsurance Ltd. It additionally welcomed Uwe Schoberth as head of US Distribution and Matthew Crane as head of UK Distribution at the beginning of the yr.

“To grasp our continued development ambitions, we’re increasing our world underwriting construction to assist us innovate and develop merchandise consistent with our strategic targets and danger urge for food,” commented Harrison. ” Having somebody answerable for product innovation and improvement globally from our base in Singapore displays our rising footprint the world over.”

Canopius is a worldwide specialty re/insurer with underwriting operations in Australia, Bermuda, Singapore, the UK and US. It underwrites via Lloyd’s Syndicate 4444 (managed by Canopius Managing Brokers Ltd.); Canopius US Insurance coverage Inc. (a US surplus strains insurer); and Canopius Reinsurance Ltd. (a Bermuda-based Class 4 reinsurer).

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Swiss Re Promotes Camara to Head of P/C Re in Northern, Central, Japanese Europe

Leopoldo Camara has been appointed head Property & Casualty Reinsurance for Swiss Re’s enterprise in Northern, Central and Japanese Europe (NCEE) and nation president Germany, efficient Aug. 1, 2024 (pending regulatory approval).

Leopoldo Camara

Along with his new position, Camara will proceed with direct consumer administration accountability, serving as Swiss Re’s head Globals for NCEE. He shall be based mostly in Munich.

Camara joined Swiss Re in 2005 and has labored in capabilities throughout the group, together with group finance, Group Threat Administration and Life & Well being Enterprise Administration. In 2016, he joined the Globals Division that providers Swiss Re’s largest reinsurance purchasers as key account supervisor for German and Spanish purchasers. Most not too long ago, Camara held the place as head Globals Europe.

Previous to becoming a member of Swiss Re, he labored for the Gerling-Konzern in Germany, the Mexican Insurance coverage Regulator, and for Zurich Insurance coverage and Converium in Switzerland.

Camara is a educated economist from ITAM in Mexico and holds MBA and grasp of science levels in Utilized Economics from the College of Rochester – Simon Enterprise College.

“Our appointment of Leopoldo Camara brings collectively the most effective of each worlds. He’s a seasoned insurance coverage government, with broad worldwide expertise, possessing the suitable background to handle our enterprise on this essential area, and he understands purchasers’ wants and assuredly brings our consultants collectively to deal with them,” commented Swiss Re’s CEO Property & Casualty Reinsurance Urs Baertschi.

As beforehand introduced, Beat Strebel, who has been serving as interim head for Property & Casualty Reinsurance NCEE, will transfer to Beijing to develop into Swiss Re’s CEO Reinsurance China & China nation president.

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