Switzerland-based reinsurer MS Reinsurance has hired Swiss Re’s Lisa Butera as chief underwriting officer (CUO) for North America (NA) and expanded the role of Lucas Castagnino to CUO for Latin America and the Caribbean.
Butera brings more than three decades of insurance and reinsurance market leadership experience to MS Re. She joins Swiss Re, one of the world’s largest reinsurers, where she served as Managing Director, Head of Financial Insurance and Casualty Corporate Solutions for North America.
Castagnino, who joined MS Re in 2016 and currently serves as head of Latin America and the Caribbean, has been appointed CUO for Latin America and the Caribbean, a move that expands his role and elevates the region’s profile within the company’s business.
With three decades of experience and a proven leadership record, MS Re expects Castagnino to continue to drive its objectives in the Latin American market.
Jörg Bruniecki, Group Chief Underwriting Officer, said: “Today marks an important step in strengthening our underwriting leadership. Lisa and Lucas’ experience, leadership skills and perspectives will help us build on the momentum we have already created.”
Bruniecki added: “These appointments follow a comprehensive search process that included both internal and external candidates, highlighting the strength and depth of talent within Microsoft Re’s underwriting organization. With this team in place, I am confident in our ability to deliver on our underwriting strategy and continue to create value for our partners in the Americas.”
