Somerset Re promotes chief risk officer

Life re/insurer Somerset Reinsurance has promoted its head of risk analytics to be chief risk officer. 

Riley LaTour will be responsible for the firm’s risk management strategies and operations.

He was most recently Head of Risk Analytics for Somerset Re, leading quantitative risk assessments and supporting the CRO in managing and executing the risk management strategy. Prior to joining Somerset Re, he was a member of the risk management teams at Kemper Corporation and Securian Financial Group, contributing to the development, implementation and maintenance of effective risk management frameworks.

 “Since joining Somerset, Riley has been a critical and thoughtful part of our strong risk culture, and we look forward to continued growth of the Risk function under his leadership,” said Stephen Robb, chief financial officer of Somerset. 

LaTour added: “Somerset Re has a robust risk management framework and a history of enhancing capabilities in advance of business requirements. I am excited to continue this legacy and to contribute further to the progression of the enterprise as Somerset Re’s Chief Risk Officer.”

LaTour is a Fellow and a Chartered Enterprise Risk Analyst of the Society of Actuaries and is based in Bermuda. 

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