SiriusPoint promotes Ari Chester to head up US and Canada reinsurance

SiriusPoint has appointed Ari Chester as head of US and Canada reinsurance. Chester will manage property treaty, casualty treaty, and other specialist lines business for both regions.

Chester joined the Bermuda re/insurer in 2021 and was previously its chief operating officer for Americas reinsurance. He replaces Warren Trace, who has retired after 38 years with the business and its predecessor Sirius Group. He served as deputy CUO for the Americas, president of North America Reinsurance and CEO for Sirius Bermuda.

Chester joins SiriusPoint from McKinsey & Company. There, he was a partner and held leadership roles in underwriting, risk, and strategy, serving insurance and reinsurance companies in the US, Bermuda, London Market, and Europe. He holds the CPCU (Chartered Property Casualty Underwriter) designation and is currently on the 2022 Leadership Council for the Institute’s CPCU Society.

“I am delighted to welcome Ari to this role,” said David Govrin, Global Chief Underwriting Officer and President, Americas Reinsurance. “With his broad industry experience and outstanding contribution since joining SiriusPoint, Ari will be instrumental in advancing our efforts to continue building our business, modernizing our platform, and supporting strategic growth for SiriusPoint.”

“It is exciting to step into this role,” said Chester. “Having gotten to know our underwriting teams over the last several months, SiriusPoint has world-class talent and punches well above its weight.”

Monica Cramer Manhem, president of international reinsurance, also thanked Trace: “Warren has been a true industry leader. I value him as both a colleague and a friend, and we will miss his presence. I am grateful for Warren’s passion, his dedication to our company and the numerous people he has mentored and generously shared his time and expertise with. We all wish him well in his retirement.”