Bermuda-based Oceanview Reinsurance has appointed former Argus Group executive Michael Ward as vice president and chief financial officer.
Ward will oversee Oceanview Reinsurance's finance and reporting functions. Ward, previously financial controller at Argus Group, where he was responsible for financial operations, regulatory compliance, and capital management, has 16 years experience in reinsurance with Argus and Kane (Bermuda).
"Michael’s appointment comes at a pivotal time for Oceanview Reinsurance. His expertise in regulatory reporting and capital management will be instrumental as we navigate the evolving regulatory landscape and optimise our capital structure,” said Andrew Kanelos, executive chairman and chief governance officer of Oceanview Reinsurance. “Michael's leadership will help ensure we maintain our financial strength while pursuing strategic growth opportunities."
William Egan, CEO of parent company Oceanview Holdings, said: "As we continue to expand our global footprint, particularly with our recent launch in the Cayman Islands, Michael's international experience and deep understanding of diverse reinsurance markets will be invaluable.
“His proven ability to implement efficient financial processes and provide strategic insights will support our mission to deliver innovative reinsurance solutions to clients worldwide."
The appointment follows Oceanview's recent establishment of Oceanview Secure Reinsurance in the Cayman Islands.
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