People
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David Schmid joins from New Re, where he spent 11 years, most recently as a senior structurer. -
In her new role, the executive will oversee actuarial reserving functions and technical pricing for business underwritten in the US and Bermuda markets.
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The reinsurer said the appointment comes as it looks to grow in the property treaty arena.
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Yao previously served as senior capital and reinsurance specialist at Suncorp’s Sydney office since joining the company in 2019.
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The unit will aim to grow captive solutions and structured solutions.
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The outgoing McGill and Partners head of structured solutions will become CEO of Augment after fulfilling his contact at McGill.
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She succeeds William Mills, who left his role as group head of ceded re and third-party capital for Allianz.
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The executive will step into her new position on November 28 and will report to Andrew Shaw, the company’s lead property underwriter.
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Baltesar worked for Hiscox Re and ILS before joining Credit Suisse ILS in 2019.
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The executive will help grow the insurer’s presence in the region and support the office’s overall operations and strategy.
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William Mills was most recently group head of ceded reinsurance and third-party capital at Allianz.
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Thorsten Fromhold has been appointed to the new role of chief group reinsurance buyer.
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