Leadership shift at Fairfax’s Odyssey, third CEO appointed in 28-year history
Fairfax Financial subsidiary Odyssey Group Holdings has shuffled its top leadership, appointing its third chief executive officer in its 28-year history.
Carl Overy, Odyssey Reinsurance Company’s global CEO, will succeed Brian Young as CEO of Odyssey Group from January 1, 2025.
Overy will be responsible for Odyssey Group’s global operations and oversee its three underwriting franchises: OdysseyRe, Hudson Insurance Group and Newline Group.
Young will move to become the president of Fairfax Insurance Group, Odyssey Group’s parent company. He will work alongside Andrew Barnard, who will assume the role as chairman of Fairfax Insurance Group, providing management oversight of Fairfax’s global re/insurance operations.
Overy’s tenure at Odyssey Group spans more than 20 years. He was appointed global CEO of OdysseyRe in 2023 and previously served for 15 years as the CEO of Odyssey Group’s London Market division, which encompasses both the London branch of Odyssey Reinsurance Company and Newline Group, the international insurance arm of Odyssey Group.
Young said: “It has been an honour and a privilege to serve as the CEO of Odyssey Group for the past 14 years. I’m excited to take on my new role at Fairfax and very happy to promote Carl.
“He brings new energy and a fresh perspective to the role, and I have no doubt that the Company will continue to thrive under his leadership.”
Overy added: “I’m very excited to become Odyssey’s third CEO in its 28-year history and build on the incredible momentum that Brian has generated during his tenure. He has imparted a great deal of wisdom and valued principles that will carry us for many years to come. Please join me in thanking him for his steadfast leadership and wishing him the very best as he embarks on a new journey with our parent company, Fairfax.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
