Brit Ltd (“Brit”) is pleased to announce the appointment of Jacques Bonneau to the Board of Brit Re as a Non-Executive Director, subject to regulatory approval.
Jacques retired as CEO and President of PartnerRe in March 2024, and is a highly regarded leader within the global (re)insurance sector. Other positions Jacques has held in his career include a number of senior executive roles at Chubb and Senior Advisor to the Bermuda Monetary Authority (BMA).
Based in Bermuda, Jacques will bring considerable experience, insight and relationships which will be of deep value to Brit as it embarks on a strategic plan to significantly expand its presence in Bermuda across property, casualty and specialty reinsurance.
Martin Thompson, CEO Brit Group, said: “We are delighted to appoint Jaques to the Board of Brit Re and believe welcoming an individual of his standing in the industry reflects our intent for Brit in Bermuda. We look forward to benefiting from his expertise and network.”
Jon Sullivan, Group Chief Underwriting Officer, commented: “Building out Brit Re to write a broader range of business is a natural next step for us. Bermuda is a dynamic and thriving multi-class (re)insurance market and we are excited about the opportunity to attract new local specialist talent to work alongside Brit’s existing reinsurance underwriting capabilities in London.”
Graham Pewter, Chairman of Brit Re, said: “We welcome Jacques to the Brit Re board. His appointment will support our Bermudian growth ambitions as well as deepening the board’s experience and strengthening our governance.”