QBE Re, the reinsurance arm of QBE Insurance Group, has hired Swiss Re’s Andrew Guarnori as Head of Underwriting Oversight.
At the same time, the company has also promoted Ashish (Ash) Ahluwalia to Global Head of Performance & Portfolio Analytics.
Both appointments follow Mark Jackaman’s appointment as General Manager, London, which was announced in September, and also completes the change in senior leadership structure, both announced earlier in the year.
Guarnori joins the company from reinsurance giant Swiss Re, where for more than two decades he held several Casualty leadership roles, most recently as Deputy Head of Financial Lines within the Global property & casualty (P&C) Reinsurance team.
Guarnori will begin his new role in January 2024.
He is expected to provide independent and balanced underwriting oversight across the QBE Re business.
Overall, he brings more than 30 years of underwriting experience, having previously served in a number of senior underwriting, team leadership and portfolio management roles for world leading re/insurance organisations, including St Paul Re (Travelers), Europa Re (Berkshire Hathaway) and GE Insurance Solutions.
Meanwhile, Ahluwalia joins from the QBE Actuarial team where he has served as Head of Reserving since 2021.
He brings a deep level of industry knowledge and experience towards his new role with a global background in consultancy, reserving and performance management.
Ahluwalia is set to take up his new role in August 2024.
Both appointments are subject to regulatory approval.
Chris Killourhy, Managing Director QBE Re, commented: “Having Andrew and Ash join QBE Re further evidences our commitment to professionalism, modernisation and delivering for our cedants. We have a clear vision for QBE Re and the appointments of Ash and Andrew will allow us to execute on this vision given their focus on underwriting quality and portfolio balance.”
