Reinsurance News

Allianz ART adds AXIS Re’s Kiernan to lead North America reinsurance

23rd March 2020 - Author: Charlie Wood

Former Chief Underwriting Officer and president of AXIS Re in Bermuda, Peter Kiernan, has joined Allianz Global Corporate & Specialty as head of reinsurance North America for its Alternative Risk Transfer division.

peter-kiernan-allianz-risk-transferKiernan brings over 13 years’ experience to the role and will remain working out of Bermuda.

His departure from AXIS Re coincided with a series of management changes at the company.

Kiernan will lead ART’s US and North America reinsurance underwriting operations, a key role given the firm’s role in fronting for ILS capacity providers is largely US-focused.

Allianz has been bolstering the strength of its AGCS arm in recent months, hiring a number of new recruits to reinsurance-focused areas.

Recently, Hyeji Kang was promoted as AGCS’s new Global Head of Reinsurance and Catastrophe Risk Management, while Christof Bentele was named Head of Global Client Management for ART.

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