Peak Re poaches head of global retrocession from Hannover Re
Peak Reinsurance Company Limited (Peak Re), the Hong Kong-based global reinsurer, has appointed a new director, head of global retrocession, effective September 1 2021.
In his new role, Sascha Bruns will lead the design and implementation of Peak Re’s retrocession strategy for its global property & casualty business. He will be based in Hong Kong, and will report to Franz Josef Hahn, chief executive officer of Peak Re.
“Sascha’s background makes him a great fit for this newly created role,” said Hahn. “He has a keen understanding of the traditional covers as well as capital market securitisation. With his network of retrocessionaires, reinsurers, brokers as well as alternative capital providers, I am confident that he will be a great addition to our team and a key contributor to the development of our retro strategy.”
Bruns was previously senior underwriter and deputy to the head of group protections at Hannover Re, a company he joined almost two decades ago and had held positions of increasing seniority. He has broad experience in analysing, structuring, placing and administrating natural catastrophe retrocessions programs, and is a fellow member of the Chartered Insurance Institute.
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
