Sign Iduna Reinsurance Ltd. (SI Re), a Switzerland primarily based reinsurer situated within the metropolis of Zug, has promoted its insurance-linked securities (ILS) and retrocession lead Dr Robert Salzmann to grow to be Chief Underwriting Officer and likewise appointed him to the Govt Board of the corporate.
Over time, Salzmann has helped European-market targeted reinsurer SI Re in growing and managing its threat urge for food utilizing each conventional and various types of reinsurance capital.
He had joined joined SI Re in 2014 as an actuary, earlier than being promoted to the function of Head of Pricing and ILS Analytics on the reinsurance firm in 2017.
Then, in 2019, Salzmann took on the administration of SI Re ILS Markets & Retrocession and was then promoted to also hold the role of Head of Underwriting in 2023.
Now, as Chief Underwriting Officer and a member of the SI Re Govt Board, Salzmann’s oversight expands additional, however he’ll nonetheless preserve his deal with ILS markets and retrocession.
The brand new positions are efficient from January 1st 2025 and the corporate stated, “With this resolution, the management of
underwriting stays anchored within the govt administration and integrally aligned with SI Re’s strategic route.”
Bertrand R. Wollner, CEO of SI Re, commented on the information, “Robert Salzmann brings collectively our experience in underwriting and the ILS markets.
“As a member of the manager administration, he’ll additional improve the vital significance of those two areas, which have performed a pivotal function at SI Re since its inception.
“Our presence within the reinsurance and convergence markets has established SI Re as a dependable and steady reinsurer. Below Robert’s prudent management, we are going to proceed to pursue this profitable path with willpower.”
Previous to his becoming a member of SIGNAL IDUNA Reinsurance, Salzmann labored at KPMG since 2012, within the function of Assistant Supervisor, Quantitative Finance Group for world funding banks and insurance coverage corporations.
