Swiss Re shuffles top deck, picks new CEO of US P&C reinsurance

Global reinsurer  Swiss Re has shuffled its leadership deck with the appointment of new chief executives for its US property/casualty, as well as Canadian and English Caribbean businesses.

Monica Ningen (pictured right) has been named CEO of US P&C Reinsurance at Swiss Re, with Jolee Crosby (pictured left) taking over Ningen’s former role as president & CEO of Swiss Re Canada & English Caribbean, effective July 1, 2023. Both roles are subject to regulatory approval.

In her new role leading US P&C, Ningen will lead a team of client managers, claims experts and underwriters while maintaining Swiss Re's position as a trusted partner in its largest market. It believes she is well positioned for the role having spent five years leading Swiss Re’s operations in Canada and the English Caribbean. Until July 1 Ningen will continue in her current role to ensure a smooth transition.

Ningen has nearly three decades of experience in the re/insurance industry, starting her career at EW Blanch, a reinsurance broker. She joined Swiss Re in 2006 when Swiss Re acquired GE Insurance Solutions. Since that time, she has held several leadership roles in property underwriting, including head of property underwriting US & Canada.

Crosby will manage Swiss Re’s P&C and L&H businesses in Canada and the English Caribbean regions and will also oversee teams managing claims, underwriting and client and broker relationships.

Crosby has 25 years of international experience in the re/insurance industry, joining Swiss Re in 1998 after a successful career in insurance law. She has held leadership positions in both the property and casualty and life and health businesses, most recently heading the global L&H underwriting and medical reimbursement team.

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