Flagstone Reinsurance Holdings' Guy Swayne is to return to his company's Bermuda office this week to resume his leadership of the International Underwriting Team.

Mr. Swayne has been working in Switzerland as CEO of Flagstone Reassurance Suisse SA, and from tomorrow resume his post as chief underwriting officer, International.

Frederic Traimond, will assume the role of chief executive officer for Flagstone Reassurance Suisse SA, in addition to his existing responsibilities as group chief operating officer.

Flagstone CEO David Brown commented: "Guy has successfully completed his mission to establish our Swiss underwriting operation.

"We are delighted with the business we have developed through our Martigny office, and Guy has worked with Frederic over the last several months to ensure a smooth transition of responsibilities.

"I know that Frederic and his team will continue to build on this great platform."