XL-Catlin settles on reinsurance leadership team

XL-Catlin has decided which executives will run the XL-Catlin reinsurance units.

The two companies, which are in the process of completing a merger and integrating their operations, will ultimately represent the eighth largest global P&C reinsurer.

Greg Hendrick will be the chief executive of reinsurance. The unit’s operations will then be divided into five regions, which will each have underwriting, actuarial, claims and local operational responsibilities.

Each region will be led by a regional chief executive reporting to Hendrick.

Charles Cooper, currently president and chief underwriting officer, of XL Re, will become chief executive of Bermuda.

Jonathan Gale, currently group deputy active underwriter, Catlin’s Syndicate 2003, will become chief executive of the London unit.

Peter Schmidt, currently group chief executive, Catlin Re Switzerland, will take the role of chief executive, Asia Pacific, Latin America and Global Credit and Surety.

David Watson, currently chief executive, XL Re International, will be appointed as chief executive, Europe, Middle East and Africa and International Casualty.

Finally, John Welch, currently chief executive, XL Reinsurance America, will become CEO of North America.

Additionally, two central roles will span the reinsurance businesses and will also report to Hendrick. Matthew Paskin, now the Catlin underwriting director, will take on the role of chief underwriting officer, reinsurance.

And Chris Dougherty, currently XL’s executive vice president of underwriting and ceded reinsurance, will be chief operating officer, reinsurance.