Bermudian reinsurance firm Fleming Re has announced the appointment of Jim McNichols as its new Chief Actuarial Officer.
McNichols has previously served as Chief Actuary at XL Capital in Bermuda, and at Greenlight Re in the Cayman Islands.
In total, he has more than 30 years of experience in property and casualty actuarial and enterprise risk management.
“We are extremely happy that we were able to recruit someone of Jim’s caliber to fill our Chief Actuarial Officer role,” said Eric Haller, Chief Executive Officer at Fleming Re.
“I believe it is a testament to Fleming Re’s early success and our overall strategic outlook to be able to recruit such top industry talent,” he added.
McNichols also commented: “What attracted me to Fleming is the sound business model, structural flexibility in design and implementation of bespoke risk solutions.”
“Fleming Re has developed innovative approaches well suited to the current run-off insurance markets. I am excited to join this dynamic team to enable continued growth and success.”
Fleming Re is a Bermuda based class 3A insurance company with a focus on providing reinsurance structures and finality solutions for legacy liabilities, as well as liquidity and risk transfer alternatives to the middle market insurance sector.
