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Bermuda’s MS Frontier names new CEO

Bermuda-based MS Frontier Re has appointed a new president and CEO.Starting on April 1, Toshiya Naito will take over the role from Keiichi Nakajima who will return to Japan to take on new responsibilities within MS Frontier Re’s parent company.Mr Naito is a 25-year veteran with Mitsui Sumitomo Insurance Company Ltd (MSI), the parent company and sole shareholder of MS Frontier Re, and has been working closely with the management and board for the past several years.MS Frontier Group recently completed a reorganisation on January 1 which saw the closure of MS Frontier Re’s sister office in Dublin and established the Bermuda office as the sole strategic reinsurance arm of MS&AD. Ms Frontier Re is a group company of MS&AD Insurance Group, which was formed in April 2010 through the merger of Aioi Insurance Co, Nissay Dowa General Insurance Co and Mitsui Sumitomo Insurance Group.MS Frontier Re was established in Bermuda in 2002.