Peak Re names Reynolds & Souter Co-Heads of P&C, as Kershaw to retire

Peak Re names Reynolds & Souter Co-Heads of P&C, as Kershaw to retire

Peak Reinsurance Company Limited (Peak Re), the Hong Kong headquartered, Fosun backed global reinsurer, has called Iain Reynolds and Andy Souter as Co-Heads of P&C service, as Chris Kershaw is set to retire from the company in early April.Kershaw, currently Managing Director, Global Markets and Co-Head of P&C at Peak Re, is set to retire from the business on April 2nd 2021 after more than 8 years of service for the reinsurance company.
Kershaw is going to remain encouraging and connected of Peak Re though and will take on an advisory role at the company after his retirement.
” On behalf of my associates and the management team, I want to thank Chris for his contribution, commitment and leadership over the previous years,” Franz Josef Hahn, Chief Executive Officer of Peak Re commented.
” Being one of the early founding members of Peak Re, Chris has been an essential member in constructing the business with his tactical views and insights. Chris is well appreciated by our clients and organization partners, I am thrilled that he will handle an advisory role at Peak Re after his retirement.”
Peak Re is then making Iain Reynolds and Andy Souter Co-Heads of P&C from April 1st, positioning 2 experts to take on the joint-leadership of its home and casualty underwriting division.
“In announcing these visits, we show the breadth of experience we have, which will serve to drive our business in the future. Together, Iain and Andy will lead the advancement of our worldwide P&C reinsurance business, to bring forward the high service levels, development and culture for which Peak Re has actually ended up being understood,” Hahn added.
Reynolds is presently Peak Res Director and Head of Analytics, a position he held given that 2016.
He has more than 20 years of experience throughout global reinsurance, and has specialised in disaster threat analysis and risk transfer.
Souter joined Peak Re in November 2020 as Director of Markets. Prior to that he was Head of Capital for an MGA in London, and in the past was the Head of APAC in London for a major worldwide reinsurance broker.

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