Reardon, Rhoads join RAA board
Two Bermudian-based executives have been elected to the board of the US reinsurance trade association.
The Reinsurance Association of America announced that Kathleen Reardon, chief executive officer of Hamilton Re, will be the vice-chairwoman of its board of directors.
Jed Rhoads, chief underwriting officer of Markel Global Reinsurance, was elected as the secretary-treasurer of the RAA board.
The RAA also announced that John Welch, Axa XL Reinsurance’s chief executive, North America, was elected chairman of the board.
Ms Reardon, before joining Hamilton Re in 2012, was chief underwriting officer for Ace (now Chubb) Tempest Re Bermuda’s international property catastrophe reinsurance business.
Before moving to Bermuda, Ms Reardon held leadership positions with Ace USA following Ace Ltd’s acquisition of Cigna’s P&C business in 1999. She began her career at Cigna in 1994 as an actuarial assistant.
Mr Rhoads leads Markel’s treaty and facultative reinsurance business with teams focused on property, casualty, specialty, and public entity risk solutions from offices located in the US, Bermuda, and the UK.
Mr Rhoads joined Markel in 2013, when Markel acquired Alterra Capital Holdings Ltd in Bermuda. During his career, Mr Rhoads has held senior positions with Harbor Point Re, Chubb Re Bermuda, Overseas Partners Ltd Bermuda, and Stockton Re Bermuda.
His first job in the industry was with the Kemper Reinsurance Company in Long Grove, Illinois, in 1981.