New head for Chubb Tempest Re’s international business
Multi-line reinsurer Chubb Tempest Re has appointed Wayne Ashley as the new division president of Chubb Tempest Re International. Subject to regulatory approval, he will start on 1 April and report to Jim Wixtead, senior vice president of Chubb Group and president of Chubb Tempest Re.
Currently deputy head of the business, Ashley will replace Stephen Roberts, who has held the role since 2010 but is retiring at the end of April.
Ashley has nearly three decades of experience in the insurance industry, beginning his career with Zurich Re in 1994 and joining Chubb Tempest Re Bermuda in 2006. He relocated to London in 2017 and moved into the deputy role responsible for all international property lines of business in 2019.
“Wayne is a seasoned reinsurance executive who has had leadership roles at Chubb Tempest Re for more than 15 years. Having served as deputy head of our international P&C reinsurance business, he is well positioned to lead as division president,” said Wixtead. “I look forward to working with Wayne as we continue to serve our clients in this important international business.”
Wixtead also paid tribute to Roberts: “We are extremely grateful for Steve’s years of service and the invaluable leadership he has provided to our reinsurance operation. He has played an important role in building our reinsurance company’s international presence. We wish him all the very best in his retirement.”