Global insurer QBE has appointed Stephen Postlewhite as managing director of its reinsurance operations.
Postlewhite’s new role will take effect on April 1 and he replaces Jonathan Parry, who is set to retire in 2021.
He steps into the role after two years at QBE Re, having most recently served as deputy global Chief Underwriting Officer.
Postlewhite brings over 20 years’ experience to the role, having joined from Aspen.
Meanwhile, Parry is expected to continue playing an active role in QBE until his retirement.
“QBE Re has achieved excellent results over time, embodied by careful cycle management, strong client relationships and a team of highly experienced underwriters,” said Richard Pryce, Chief Executive Officer of QBE International.
“Stephen therefore takes over the business at an exciting time, with industry tailwinds and a very strong set of results in 2019 giving us significant scope for profitable growth.
“He has already made a strong contribution to the business and we look forward to him taking QBE Re forward into the future.
“Jonathan is a well-known and highly respected figure in the reinsurance world, and he leaves QBE Re in a very strong position. I would like to thank him for his significant contribution to QBE Re. We wish him the very best in his retirement.”
