ACE Appoints 3 New Executives to Reinsurance Unit

ACE has appointed three people in its ACE Tempest Re Bermuda reinsurance unit. Wayne Ashley is chief underwriting officer, international; Graeme Henderson is VP, international; and Darin Cassidy as VP, USA. All will be based in Hamilton, Bermuda.

ACE says Ashley will be responsible for ACE Tempest Re Bermuda’s business with primary insurers outside of North America and report to Tim Mardon, division president, ACE Tempest Re Bermuda. Ashley joined ACE Tempest Re Bermuda in 2006 as AVP, international, and was promoted to VP in 2009 and SVP earlier this year. Prior to ACE, he was with Alea London and Zurich Re.

Henderson, who will report to Ashley, joins ACE from Axis Reinsurance, where he has been since 2005, says ACE. Previously, he worked for Marsh Global Markets.

ACE says Cassidy, who has been promoted within the USA unit, will continue to report to Brock Webel, chief underwriting officer, USA property catastrophe and specialty lines. Cassidy joined ACE Tempest Re Bermuda in 2004, then joined the USA underwriting team in 2008 and was promoted to AVP in 2010.

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