QBE Re, the reinsurance arm of global carrier QBE Insurance Group, has named Chris Killourhy as its new Managing Director, effective September 1st, 2022.
Subject to regulatory approval, Killourhy will move from his current position as Chief Financial Officer (CFO) of QBE International to lead the company’s global reinsurance operation.
He first joined QBE in 2015 and has since held numerous roles, including as Chief Actuarial Officer and CFO for the firm’s Australia Pacific unit, before heading back to the UK in 2020 to serve in his current role.
During his career, Killourhy has worked for international insurance and reinsurance firms, and global consulting companies around the world. Additionally, he spent time working with the Bermuda Monetary Authority where he had a focus on the supervision of reinsurer capital and catastrophe models.
Commenting on his new role, Killourhy said, “It is such a privilege to take on the leadership of QBE Re at this exciting time. With a strong leadership team in place and deep technical expertise throughout the organisation, the franchise is well placed to build on impressive growth over the first half of the year and support QBE in its commitment to being a consistent and innovative risk partner.”
Jason Harris, Chief Executive Officer (CEO) of QBE International, added, “We put in place an ambitious set of plans for QBE Re earlier this year and I am delighted to have someone of Chris’s calibre to drive their delivery. My thanks to Peter Wilkins who took the reins on an interim basis, and I have every confidence that resuming his role as Chief Underwriting Officer supporting Chris will contribute to a very solid, committed, and creative senior leadership team.”
Wilkins, who assumed the Managing Director role on an interim basis, was named as the Chief Underwriting Officer (CUO) of QBE Re in May of this year.
QBE Re notes that it will make an announcement on the recruitment of a new CFO in due course.