Bermuda-based Montpelier Reinsurance has named Christopher Downey as head of Global Casualty and Specialty Treaty Reinsurance.
Downey is responsible for leading the full portfolio of casualty and specialty treaty business written through Montpelier Re and will report directly to Christopher Schaper, President of Montpelier Re.
Prior to the appointment, Downey was senior vice president of specialty & casualty at Alterra Bermuda.
Schaper said: “I am very pleased to have an individual with Chris’ capabilities, background and knowledge join and lead our team. I look forward to working closely with him.”
In July of this year, Montpelier Reinsurance named Dr Gero Michel as head of risk analytics, who also reports directly to Christopher Schaper.
The new position at the company involved enhancing Montpelier's risk analysis efforts for natural catastrophe exposed businesses including research, development, portfolio optimization and other underwriting initiatives.
