Arch Insurance, the primary arm of Bermuda based insurance and reinsurance player Arch Capital Group, has promoted Krista Bonneau to the position of Senior Vice President of Ceded Reinsurance, giving her responsibility for buying across the protection programs of the company.
Bonneau was most recently Vice President of Ceded Reinsurance for Arch Insurance.
She joined Arch in 2010, working as an Associate Underwriter. Then moving to join the Ceded Reinsurance team in 2014 as an Assistant Vice President.
Prior to her time at Arch, Bonneau worked for Towers Perrin as a Reinsurance Associate.
In her new role as Senior Vice President of Ceded Reinsurance, Bonneau will take on responsibility for managing all reinsurance programmes across Arch Insurance International’s portfolio.
She will be based in London for the firm and will report to Amy Flanagan, Executive Vice President of Ceded Reinsurance and Hugh Sturgess, President & Chief Executive Officer, Arch Insurance International.
Sturgess commented on Bonneau’s promotion, “We are delighted to announce Krista’s promotion to Senior Vice President, a move which is thoroughly deserved. Having worked for Arch for over 10 years, including eight years with a specific reinsurance focus, her granular understanding of our exposure profile is vital to further developing a robust reinsurance platform to support Arch’s continued growth.”