Swiss Re has named Kera McDonald as group chief underwriting officer (CUO), effective from 1 June 2025.
McDonald, who joined Swiss Re in 2006, brings over 30 years of professional experience. She has served on the Corporate Solutions executive committee since July 2019 and has been CUO for this business unit since 2022.
In her new role, McDonald will oversee underwriting excellence across all business units, manage group capacity allocation, set mid-term underwriting goals, and approve significant or complex transactions.
Andreas Berger, group CEO at Swiss Re, states: "Underwriting is at the core of everything we do, and the re-establishment of this function underscores our commitment to enhancing technical excellence across all businesses.
“As the CUO for Corporate Solutions, Kera has been instrumental in improving costing accuracy and significantly enhancing portfolio management discipline and processes."
Concurrently, group chief risk officer Patrick Raaflaub will retire by the end of September 2025, concluding a 25-year tenure with the company. The process to identify his successor is currently underway.
