Bermudian-based Sompo International, the global provider of commercial and consumer property and casualty re/insurance, has promoted Margaret Hyland to the post of president of North America Reinsurance.

Ms Hyland reports to Christopher Donelan, chief executive officer, Global Reinsurance, Sompo International Holdings Ltd, and is based in Garden City, New York.

She takes over from Steven Hanke who, after almost 10 years with Sompo International Reinsurance, has accepted a position with a leading brokerage firm.

Ms Hyland previously served as executive vice-president, head of North American Professional Liability Reinsurance at Sompo International.

With more than 30 years of experience in the North American re/insurance industry, she has held leadership positions with companies including Allied World, CNA, Axis Capital and Willis Re.