Swiss Re Hires CNA’s Stephenson to Lead Casualty; Richards Named CEO UK & Ireland

Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Effective Jan. 1, 2022, Jason Richards will become country president and CEO UK & Ireland. He will be succeeded by Julie Stephenson as global head of Casualty.

Richards, who is currently global head of Casualty, will be appointed country president and CEO UK & Ireland. As CEO UK & Ireland, he will be responsible for driving profitable growth of the UK & Ireland reinsurance portfolio and continuing to strengthen Swiss Re’s influence and position in the London market.

Richards brings nearly 30 years’ experience in the re/insurance business. He joined Swiss Re in 2006 as part of the GE Insurance Solutions acquisition before becoming head of Property & Casualty Business Management in 2013. Richards took on his current role as global head of Casualty in November 2017 and has in this role successfully improved the quality of Swiss Re’s casualty portfolio, grown the P/C transactions portfolio, and set a strong foundation for its solutions business.

Stephenson will join Swiss Re as global head of Casualty and member of the Reinsurance Management Team. She is joining from U.S. commercial and property insurer CNA where she currently serves as a senior vice president and chief operating officer, Middle Market.

Stephenson joined CNA in 2015 as the commercial chief underwriting officer, responsible for profitability, portfolio management and underwriting governance for all of CNA’s commercial property and casualty business. Prior to joining CNA, she served as senior vice president and global liability manager for Chubb and was responsible for the strategic direction of the portfolio across all global markets where Chubb has liability exposure, including the U.S., UK, Germany, Australia and China.

Topics Casualty