Bermuda-based MS Frontier has appointed Toshiya Naito as its new CEO and president, a move that will be effective from 1 April this year, following changes to the company structure.
Naito has 25 years experience within various roles at MS Frontier’s parent company, the Mitsui Sumitomo Insurance Company, and has worked closely with management and the board at MS Frontier Re in recent years.
He will take over from Keiichi Nakajima, who will return to Japan to take up responsibilities at the parent after completing the reorganisation of the MS Frontier Group.
Under the reorganisation, MS Frontier Re has been established as the “sole strategic reinsurance arm” of MS&AD Insurance Group, the holding company formed by a merger of Aioi Insurance, Nissay Dowa General Insurance and Mitsui Sumitomo Insurance Group.
MS Frontier, CEO, appointment, reorganisation