Hamilton, Bermuda-based Flagstone Reinsurance Holdings Limited said it has named Guy Swayne as chief executive officer of its Flagstone R?assurance Suisse SA division.

His appointment is subject to approval by the Federal Office of Private Insurance in Switzerland, the carrier said.

David Brown, CEO of Flagstone, said Mr. Swayne's experience, “particularly in specialty lines, will be a big boost to our development in Switzerland where he will continue to develop our International business on a global basis.”

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