Women in reinsurance
PrOFILE Name:
Peta White
Company: Markel Global Reinsurance Job:
Managing director, head of US property catastrophe reinsurance
Timeline: 2013—MD Markel 2006—Joined Alterra 1998—Joined ACE Tempest Re
Following the merger of Markel and Alterra in 2013, Peta White assumed the role of managing director, head of US property catastrophe reinsurance at Markel Global Reinsurance. Prior to the merger, she served as managing director, head of international property catastrophe reinsurance for Alterra Reinsurance Services, having joined the company in 2006.
From 1998 and 2005, White was with Ace Tempest Re,
where she most recently served as vice president, underwriter, international department.
Markel offers property, casualty and specialty reinsurance
products primarily to the broker market. “I really enjoy the underwriting side of the business and, earlier this year, was thrilled to be given the opportunity to move from head of international property cat reinsurance to head of US property cat reinsurance,” she says.
“I am enjoying the demands of this new role, especially in light
of how the market is moving. I work with a great team of people and we are determined to stay relevant to our clients, by thinking outside the box and differentiating ourselves.”
One of the most challenging times in her career came in 2006,
when she transferred to Alterra from Ace Tempest Re to build a new book of international property cat business.
“I moved from being on a team of three underwriters, having
an existing large book of business, quoting programmes, leading most placements, putting down large lines, and having the ability to get wordings changed, to being the sole international underwriter, being a following market, putting down relatively small lines and struggling to get on placements as a new market,” she says.
“It was a humbling experience, but very rewarding. Building a
profitable book of business from scratch was one of my biggest achievements.”
Her future goals include being CUO at some point. “But,” she adds, “I am thoroughly enjoying the here and now.”
“I work with a great team of people and we are determined to stay relevant to our clients, by thinking outside the box.”
May 2014 | INTELLIgENT INsUrEr | 43
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