Talent
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In this newly created role, Joe Stuhl will lead the reinsurance organization’s global distribution strategy and address emerging needs. -
Kevin Rehnberg, who has been out on leave for health reasons since March 2022, is stepping down from the top role and the board of directors.
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The executive will report to Everest Group COO and head of reinsurance Jim Williamson.
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QBE Re CUO Peter Wilkins will step into the role until a suitable replacement is found, the company said.
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John Duda joins from Markel, where he led the retro portfolio management team and was instrumental in the launch of Markel’s ILS fund, Lodgepine Capital Management.
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The outgoing reinsurance CEO will be succeeded by Stuart McMurdo, current CEO of Scor UK, the Scor syndicate and regional CEO of EMEA.
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CEO Luca Albertini has no immediate plans to step down but the firm said the promotion provided clarity on succession plans.
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Based in Bermuda, Jesse DeCouto will report directly to Validus Re CEO Chris Schaper.
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Sources said the company is to part ways with around 60 staff as it completes the pivot to specialty (re)insurance.
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The executive joins after spending a decade at Nephila Capital.
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The broker said its capital markets unit would be “fully aligned with the broking and analytics teams.
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The broker spent three years with Aon in Bermuda and New York.
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