Specialty reinsurer Chaucer has employed Richard Milner as its new group CEO, pending approval from the native regulatory authority.

Within the new place, Milner’s function will embody spearheading the strategic improvement and administration of the enterprise.

This covers overseeing Syndicate 1084, specialty nuclear Syndicate 1176 and the Dublin-based insurance coverage firm of Chaucer.

Chaucer Group chairman Paul Jardine mentioned: “Over the course of his profession Richard has distinguished himself as an distinctive chief, incomes the respect of his friends and throughout the business.

“I’m assured that we are going to all profit from his large management expertise, sturdy underwriting background and deep understanding of worldwide markets as we proceed our improvement as a number one world underwriting group.”

Previous to becoming a member of Chaucer, Milner served in varied management capacities at Aspen and Axis Re.

Commenting on the brand new function, Milner mentioned: “Chaucer’s popularity, which is constructed on the expertise and experience of its gifted individuals, innovation and a disciplined strategy to threat administration, makes it a pure subsequent step for me.

“I’m excited concerning the alternatives forward and the prospect to be a part of one thing particular.”

Chaucer has made varied management adjustments in current occasions.

In July final 12 months, the corporate named Chris Baker as its world reinsurance head.

Baker, who has been with Chaucer since 2004, will handle all strains of reinsurance enterprise in addition to territories within the new function.

Earlier in 2023, Chaucer appointed Simon Tighe as its group head of ESG. Tighe may also retain his present accountability of Investments & Treasury group head along with the brand new place.

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