CNA appoints new chief actuary from Chubb as Haefner retires at year end

Commercial insurer CNA has appointed Robert Hopper as the new executive vice president and chief actuary, succeeding Larry Haefner who is to retire after a 40-year insurance career on December 31, 2020.

Hopper will assume the role of upon Haefner's retirement, and will be responsible for leading the reserving, pricing and all actuarial activities for CNA globally.

Hopper joins CNA after a 28-year career at Chubb, where he most recently served as the senior vice president and actuary, commercial insurance. Hopper has had a number of roles of increasing responsibility and has served on critical committees, including actuary for the Chubb Global Casualty Product Board and commercial insurance chief ethics officer.

"Bob brings deep actuarial expertise covering a wide spectrum of property and casualty products and strong experience across varied industry insurance cycles," said Dino Robusto, chairman and chief executive officer, CNA. "Over a career spanning three decades of dedication to the P&C industry, Bob has developed an impeccable reputation for being an innovative and collaborative leader and, critically, a leader with extensive knowledge of all facets of actuarial science who has worked closely and successfully with business units to enhance performance."

Robusto added: "I want to thank Larry for his leadership as Chief Actuary for the last 12 years. Larry's deep actuarial expertise, broad industry knowledge and steadfast leadership have guided CNA in maintaining a strong reserve position and in prudently navigating the organization through a wide array of underwriting actions and market conditions."