Chubb Tempest Re has appointed Wayne Ashley as Division President, Chubb Tempest Re International.
The appointment, which is subject to regulatory approval, is expected to be effective on April 1, 2023.
Within the role, Ashley will report to Jim Wixtead, Senior Vice President, Chubb Group and President, Chubb Tempest Re. At the same time, he will succeed Stephen Roberts, who is set to retire from the company at the end of April.
Currently, Ashley serves as Deputy Head of the business, however in his new role he will hold responsibility for the overall management and development of Chubb Tempest Re’s international P&C reinsurance business.
Overall, Ashley brings nearly 30 years of industry experience towards the role. He joined Chubb Tempest Re in 2006 as Assistant Vice President, International, and was later promoted to Vice President in 2009, and then Senior Vice President in 2012.
Furthermore, in 2017 Ashley would relocate to London. In 2019 he then moved into the deputy role where he was responsible for all international property lines of business.
Before joining Chubb, Ashley worked at Alea London, where he underwrote the International treaty portfolio. He began his career in London at Zurich Re in 1994 in the Reinsurance Treaty unit.
Addressing Ashley’s appointment, Wixtead said: “Wayne is a seasoned reinsurance executive who has had leadership roles at Chubb Tempest Re for more than 15 years. Having served as deputy head of our international P&C reinsurance business, he is well positioned to lead as division president. I look forward to working with Wayne as we continue to serve our clients in this important international business.
“We are extremely grateful for Steve’s years of service and the invaluable leadership he has provided to our reinsurance operation. He has played an important role in building our reinsurance company’s international presence. We wish him all the very best in his retirement.”
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