Insurance industry veteran Nicholas Walsh has been appointed to the board of directors of Sompo International Holdings Ltd, the Bermudian-based global provider of commercial and consumer property and casualty re/insurance.

“We are very pleased to welcome Nicholas Walsh to the board,” said James Shea, executive chairman of the board of directors and CEO for Sompo International.

“Nic is a respected leader with over 50 years’ experience in insurance. His expertise and guidance will be invaluable to Sompo International as we expand and grow our business while leading with our core values and putting our customers and trading partners at the centre of everything we do.”

Mr Walsh said: “It is a very exciting time for Sompo International. Its strength, dynamic and market presence demonstrate that the company is thriving.

“I’m honoured to be part of Sompo International’s ongoing expansion and sustainable growth story.”

Mr Walsh spent 42 years with AIG, holding numerous leadership positions.

He retired in 2014 as vice-chairman of AIG Property and Casualty Inc and previously served as executive vice-president of AIG Inc, CEO of AIG’s international general insurance business and chairman of several AIG regional companies.

Mr Walsh has extensive experience on internal boards and international societies.

Since 2020, he has been an independent director of McGill and Partners Ltd and McGill Global Solutions LLC, serving on all board committees.

From 2014 until 2019, Mr Walsh was an independent director of Jardine Lloyd Thompson plc, a London-based multinational insurance broker, where he served as a member of remuneration, compensation and nomination committees and audit and risk committees, and as a director of JLT’s US subsidiaries.