Radian appoints Rhoads to board

Mortgage insurer Radian Group has appointed well-known Bermuda reinsurance executive Jed Rhoads (pictured) to serve on its board of directors.

The  former Markel senior executive also served as chairman of the Reinsurance Association of America.

“We are thrilled to welcome Jed to the Radian board of directors,” said Radian non-executive board chairman Howard B. Culang. “Jed’s vast experience in leading reinsurance operations around the world will add even more insight to the broad perspectives we value on the Radian board.

“His long career assessing and managing risk makes him an ideal addition to the board and we look forward to working with him.”

“Jed comes with tremendous experience and a variety of skills that align with Radian’s core business and strategic goals,” said Radian chief executive officer Rick Thornberry. “At Radian, our Board is focused on guiding and empowering a team that transforms risk into opportunity, and Jed is extremely well suited to help us do that.”

Jed Rhoads was president and chief underwriting officer for the global reinsurance division at Markel Group from 2013 until 2022, when he retired.

In 2013, Markel acquired Alterra Capital Holdings, where Rhoads held a senior executive role. Rhoads also held senior positions at Harbor Point Re Bermuda and Chubb Re Bermuda, predecessor operations to Markel Global Re.

Rhoads was executive vice president of reinsurance and chief underwriting officer for Overseas Partners and was a principal and underwriter for Stockton Reinsurance Bermuda. Prior to that, he served as executive vice president of Sedgwick Re.

Radian offers mortgage insurance and a comprehensive suite of mortgage, risk, real estate, and title services. It is also a sponsor of Bermuda-based Eagle Re, which has sold mortgage insurance-linked securities.

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