Catalina Re, a provider of capital management and risk transfer solutions to the global insurance industry, has appointed Peter Mason as Group Chief Risk Officer.
Andrew Pryde, Catalina Re’s former Group Chief Risk Officer, departed the role to join SiriusPoint as its Group Chief Risk Officer, effective September 2025.
Mason joins Catalina Re from the Bermuda Monetary Authority, where he served as Deputy Director. In this role, he led regulatory initiatives including derivatives oversight, stress testing, and yield curve reform, working closely with U.S. and UK regulators to strengthen solvency frameworks and cross-border reinsurance oversight.
Prior to that, Mason spent almost eight years at Pension Insurance Corporation plc, most recently serving as Deputy Head of ALM.
Mason commented, “I have thoroughly enjoyed my time working within the Bermuda Monetary Authority, particularly the opportunity to lead the development of regulatory frameworks and enhance Bermuda’s stress testing framework. Engaging with regulators around the world has provided an invaluable global perspective on resilience and the high-level standards that define our industry. I have a deep appreciation for the exceptional professionals I’ve collaborated with, both within the BMA and across the international regulatory community.
“Stepping into the CRO role at Catalina Re presents a compelling set of challenges. I look forward to navigating the multidimensional complexity of overseeing a diverse portfolio that spans both Long-Term and legacy P&C business. Balancing these distinct risk profiles requires a sophisticated approach to ALM and investment strategy, and I am eager to lead the risk function in this next phase of the company’s growth.”
