ACE Limited has appointed Sean Ringsted as chief actuary for the group, with immediate effect.

He replaces Susan Patschak, who has served as chief actuary since October 2002. The appointment is subject to the approval from the Bermuda Department of Labour and Immigration.

Ringsted will report directly to chief financial officer Phil Bancroft. His responsibilities will include overseeing all major actuarial functions, including reserving, pricing and capital performance measurement.

Prior to his appointment, Ringsted was chief risk officer for ACE Global Reinsurance.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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