CHUBB announced that Jeremiah KONZ has been appointed with immediate effect as Chief Reinsurance Officer. He succeeds Michael KESSLER, who was appointed Division President of the company's global cyber risk insurance business. Jeremiah KONZ will report to John KEOGH, President and Chief Operating Officer of CHUBB.

Currently, Jeremiah KONZ is Executive Vice President, Reinsurance Officer for CHUBB Overseas General, the company's international general insurance business. In his new role, he will have management responsibility for the design and purchase of reinsurance programs for CHUBB and its business units globally, managing the company's reinsurance recoverable asset and overseeing relationships with its reinsurers and reinsurance brokers. Jeremiah KONZ will also serve as Chairman of CHUBB's Reinsurance Security Committee and as a member of its Global Credit Committee.

Jeremiah KONZ has more than 20 years of insurance industry experience. He joined CHUBB in 2012 as Senior Vice President, Ceded Reinsurance for CHUBB's North American operations. In 2018, he was appointed Reinsurance Officer for CHUBB Overseas General. Prior to CHUBB, Jeremiah KONZ worked as an executive for reinsurance brokerage firm AON Benfield, providing analytic expertise to large commercial property reinsurance placements.