Thomas Porter Appointed Chief Underwriting Officer for Somerset Reinsurance [Yahoo! Finance]
HANNOVER RE SE S/ADR (HVRRY)
NASDAQ:AMEX Investor Relations:
hannover-re.com/122688/investors
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Source: Yahoo! Finance
U.S. life insurance and annuity market, announced today the appointment of Thomas Porter as Chief Underwriting Officer. Mr. Porter will be based in Bermuda, reporting to Jeff Burt, Chairman and Chief Executive Officer of Somerset, and responsible for overseeing the firm's underwriting and pricing activities with respect to all new reinsurance business acquisition activities and retrocessions. Mr. Porter joins Somerset from Hannover Re where he was Head of Financial Reporting & Valuation at Hannover Re in Orlando, Florida since 2020. He previously had various roles with Hannover Re since 2005, including Lead Pricing & Structuring Actuary for Hannover Re's financial solutions structured reinsurance, captive, and derivative transactions. "Building on our approach of being a liability-driven organization, we are delighted to add Thomas' deep reinsurance experience as the lead of our Underwriting team," said Mr. Burt. "As we continue our track record of stable and consistent growth, hi
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