Chubb lifts 17-year vet for global reinsurance COO post

Property/casualty insurer  Chubb has appointed a new global reinsurance chief operating officer, who has more than 30 years of experience in the industry, with the past nine leading the US assumed treaty reinsurance division of Chubb.

Michael O'Donnell (pictured) has been promoted to chief operating officer, global reinsurance. Currently, he serves as division president of Chubb Tempest Re USA.

O'Donnell has more than 30 years of experience in the insurance industry. He joined Chubb Tempest Re Bermuda in 2006 as a casualty treaty underwriter, before being promoted to senior vice president with responsibility for ACE Tempest Re USA's workers compensation and alternative risk business units as well as oversight of its claims operations. Since 2014, he has been responsible for Chubb's US property and casualty assumed reinsurance operation. Prior to Chubb, he was with General Reinsurance Corp., where he underwrote the casualty facultative business.

In his new role, O'Donnell will continue to have responsibility for the US operations of Chubb Tempest Re while expanding his remit into the strategic and tactical operations of the company's global reinsurance operations.

O'Donnell will continue to report to Jim Wixtead, senior vice president, Chubb Group and president, Chubb Tempest Re, who said: "Mike is an exceptional executive who has demonstrated strong fortitude and leadership during his tenure managing our U.S. reinsurance operations. Clients, brokers and colleagues respect Mike's insights and commitment to our mission at Chubb Tempest Re. I look forward to working with him as he expands his responsibilities within Global Re."

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