U.S. credit rating provider and statistical rating organisation, Kroll Bond Rating Agency (KBRA), has announced the appointment of Carol Pierce from Munich Reinsurance America as Director within its insurance group.
In her new role Pierce will have a focus on captives, reinsurers, and providers of alternative capital, and brings extensive industry experience to KBRA’s insurance division.
Before joining Munich Reinsurance America, a division of Germany-based reinsurance giant Munich Re, where Pierce spent 13 years, she worked for international rating agency A.M. Best. During her insurance industry career, which spans more than three decades, Pierce has held a number of underwriting roles and product development positions at various insurance companies.
Commenting on the appointment, Andrew Edelsberg, Managing Director (MD) of KBRA’s insurance group, said; “We are excited to have Carol on our analytic team. Her unique expertise, keen understanding of the alternative risk market, overall industry knowledge, and analytic skillset are tremendous assets to our credit-ratings team as well as the markets we serve.”
