MAPFRE RE, the reinsurance arm of Madrid-headquartered insurer MAPFRE, has announced the appointment of Javier San Basilio as Chief Underwriting Officer (CUO).
San Basilio, who is currently the European regional director of MAPFRE RE, based in London, replaces Miguel Ángel Rosa, who has been appointed as the new Chief Executive Officer (CEO) of Verti in Germany, part of the MAPFRE group.
The position of European regional director of MAPFRE RE will now go to Mark Meyerhoff, who was director of the MAPFRE RE office in Munich. Meyerhoff also joins the reinsurer’s Management Committee.
The reinsurer notes that these changes will come into effect as of January 1st, 2021.