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Julie Stephenson To Join Swiss Re As Global Head Of Casualty

Swiss Re has announced changes in the leadership of its Reinsurance Business Unit.

Effective 1 January 2022, Jason Richards has been appointed Country President and CEO UK & Ireland. He will be succeeded by Julie Stephenson as Global Head of Casualty.

Jason Richards, currently Global Head of Casualty, will be appointed Country President and CEO UK & Ireland, effective 1 January 2022. As CEO UK & Ireland, he will be responsible for driving profitable growth of the UK & Ireland reinsurance portfolio and continuing to strengthen Swiss Re’s influence and position in the London market.

Jason Richards brings nearly 30 years’ experience in the re/insurance business. He joined Swiss Re in 2006 as part of the GE Insurance Solutions acquisition before becoming Head of Property & Casualty Business Management in 2013. Jason Richards took on his current role as Global Head of Casualty in November 2017 and has in this role successfully improved the quality of Swiss Re’s casualty portfolio, grown the P&C transactions portfolio, and set a strong foundation for its solutions business.

Julie Stephenson will join Swiss Re as Global Head of Casualty and member of the Reinsurance Management Team. She is joining from US commercial and property insurer CNA where she currently serves as a Senior Vice President and Chief Operating Officer, Middle Market.

Julie Stephenson joined CNA in 2015 as the Commercial CUO responsible for profitability, portfolio management and underwriting governance for all of CNA's commercial property and casualty business. Prior to joining CNA, she served as Senior Vice President and Global Liability Manager for Chubb and was responsible for the strategic direction of the portfolio across all global markets where Chubb has liability exposure, including the US, UK, Germany, Australia and China.

Moses Ojeisekhoba, Swiss Re CEO Reinsurance: “I’m very pleased with the appointments announced today. Jason Richards will bring a wealth of experience and strong track record to lead the important UK & Ireland market. With Julie Stephenson, we’ve found an accomplished leader as Global Head of Casualty with over 25 years of industry experience and profound knowledge in casualty underwriting.“

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