Charles Kasmer has been appointed the chief underwriting officer, P&C reinsurance at Fortitude Re, where he is responsible for sourcing and pricing new non-US P&C run-off transactions for the newly established Fortitude International Re (FIRL) entity, assisting in the design and implementation of new products and structures, and expanding Fortitude Re’s P&C presence and capabilities in Bermuda, the UK, the EU and Asia.

Mr Kasmer has more than 32 years of experience in the reinsurance and insurance industry, with extensive experience in the analysis and structuring of deals involving longtail lines of business, pricing, capital model building and reserving.

He has held positions at Zurich Reinsurance Centre, Risk Capital Reinsurance Company, Aon, Employers Reinsurance Corporation and Quanta Capital Holdings.

Before Fortitude Re, Mr Kasmer spent 13 years at Catalina Group, most recently as the group chief actuary.