Stephen Catlin, Catlin organization restrained CEO, has been
elected chair of the affiliation of Bermuda Insurers and Reinsurers (ABIR) for
a -12 months term beginning January 1, 2015.
Catlin succeeds XL group percent CEO Mike McGavick who
completes his -year time period December 31, 2014.
Elected as first deputy chair became Costas Miranthis,
president and CEO of PartnerRe Ltd. and Kevin O’Donnell, president and CEO of
RenaissanceRe Holdings Ltd. become elected second deputy chair.
Brad Kading, ABIR president and executive director, stated
that McGavick’s management got here at a crucial time for the club as he guided
the affiliation with twin priorities, defending itself towards the proposed
discriminatory reinsurance tax in the U.S. and leading enterprise consensus
constructing for Bermuda regulatory modifications that could allow the Bermuda
financial Authority to be a candidate for equivalence under the ecu Union’s
Solvency II Directive.
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