Catlin has appointed former Zurich Financial Services CFO Peter Presperin as chief financial officer of Catlin US, its underwriting platform in the United States.
Presperin will report to Richard Banas, president and chief executive officer of Catlin US, and will be responsible for Catlin US's financial management.
He previously worked as executive vice president and CFO of Fireman's Fund Insurance Co and also held financial management positions at The St Paul Companies, Cologne Life Reinsurance Scottish Annuity and Life Holdings, and GE Capital.
Richard Banas, president and chief executive officer of Catlin US, said: “Peter's vast financial experience in the insurance industry will be a tremendous benefit to the future growth of Catlin in the United States.”
Catlin US underwrites specialty classes of property/casualty insurance and reinsurance for US
clients.
It also includes the US operations of Wellington Underwriting, which yesterday lost its head Stan Kott.