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Sompo International Holdings, a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has announced that subject to applicable regulatory approval, Christopher Donelan, currently the deputy CEO of Sompo International (SI) Reinsurance will assume the position of CEO of SI Reinsurance.
The reinsurance business of SI represents approximately $2.4bn of annual gross written premiums with locations in the United States, Bermuda, the United Kingdom, Switzerland and Singapore. Donelan will report to Christopher Gallagher CEO of SI’s Commercial P&C business.
Stephen Young, the current CEO of reinsurance at SI has resigned from the company to pursue other interests.
Prior to joining Sompo International in 2013, Donelan held senior reinsurance leadership roles at leading property and casualty carriers and has over 30 years of industry experience.