As the new CUO, Brian Secrett will lead the underwriting and pricing functions at TMR with responsibility for the risk selection process and controls. This new role further strengthens TMR's focus on analytics to better serve TMR's customers and achieve superior underwriting results. Brian will be based in the London office of TMR.
Brian has nearly 30 years of reinsurance underwriting experience. He will join TMR from Lloyd's, where he has been Head of Class of Business and subsequently Interim Head of Underwriting Performance. Prior to that, Brian held several management positions at PartnerRe, including most recently as the Head of the Catastrophe Business Unit responsible for the leadership and management of the unit worldwide. Brian began his career in reinsurance in 1989 as a property treaty underwriter at Swiss Re, UK.
Stephan Ruoff, Chief Executive Officer of TMR, commented: "We are very pleased that Brian will step into this new CUO position at TMR. Brian has an impressive track record with almost 30 years of reinsurance underwriting and insurance risk experience having been responsible for leading the underwriting performance team and initiatives at Lloyd's, and prior to that leading a very significant catastrophe reinsurance business portfolio." He added: "Brian's expertise in underwriting, pricing and risk analytics combined with his long term experience of building balanced underwriting portfolios, equips him perfectly for his new role at TMR."
About Tokio Millennium Re (TMR)
Originally established in Bermuda in 2000, TMR has remained at the forefront of the reinsurance industry since its inception. In order to diversify its underwriting portfolio, the company has been expanding its business both geographically and through broader product offerings since 2010, including non-catastrophe lines of business.
TMR established operations in Zurich in 2010, Sydney in 2011, the US in 2014 and the UK in 2015 to gain greater access to these regional reinsurance markets. In October 2013, TMR re-domiciled to Switzerland converting the Bermuda operation into a branch. As a subsidiary of the Tokio Marine & Nichido Fire Insurance Co., Ltd., Japan's oldest and one of its largest non-life insurance companies, TMR is primarily engaged in property, casualty and specialty reinsurance and capital markets solutions.
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