Reinsurance News

Safety National Re’s Ray Harkins to Retire as EVP, CUO of reinsurance

7th July 2020 - Author: Charlie Wood

Safety National Re has announced the retirement of Ray Harkins as Executive Vice President and Chief Underwriting Officer, Reinsurance.

Safety National Re Bob King has been appointed to succeed him as Senior Vice President and Chief Underwriting Officer Reinsurance.

Harkins retires following a 44-year career in reinsurance and insurance. At Safety National, he provided leadership over all assumed reinsurance business since 2009.

King joined Safety National in 2012 as Vice President of Treaty Reinsurance, leading a team responsible for the production and underwriting of casualty treaty reinsurance opportunities.

Throughout his time at the organisation, he has provided significant strategic guidance to the reinsurance group.

He was appointed to Safety National’s Senior Management Team and named Senior Vice President of Safety National Re in 2020.

King’s prior experience includes senior positions in a number of reinsurance companies in addition to a senior leadership role in the workers’ compensation specialty practice group for a global reinsurance broker.

“On behalf of the company, I would like to express deep gratitude to Ray Harkins for his leadership and strategic contributions that have helped to make Safety National Re the market leader that it is today,” said Duane Hercules, President of Safety National.

“With Bob King taking the lead, I have never been more optimistic about our future outlook, including our unwavering ability to provide long-term reinsurance solutions to our valued partners with that trademark relationship-focused, solution-oriented approach they have come to appreciate from Safety National Re.”

King’s new appointment became effective on July 1, 2020. Harkins will remain in an advisory capacity until August 7, 2020.

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