Markel Corporation has appointed Julia Chu as chief global ceded reinsurance officer.
In this newly created position, Ms. Chu will head up ceded reinsurance functions across Markel's product lines and international insurance operations (71 offices in 21 countries). She will work with executive management to strategically deploy ceded reinsurance in support of Markel's business objectives, the company said in a statement.
Prior to joining Markel, Ms. Chu served as managing director, strategic advisory, at reinsurance broker Guy Carpenter. She is an actuary by training, a fellow of the Casualty Actuarial Society, and has held positions at Aon Re, Milliman USA, and Farmers Insurance Group.
"Julia is a great addition to our team. She is a top-tier talent who will help us to manage risk strategically from the enterprise portfolio perspective. Her skills, insights, and industry contacts will be put to good use here at Markel," commented Robin Russo, chief underwriting officer at Markel.
Ms. Chu reports to Mr. Russo and is based in Markel's corporate headquarters in Richmond, Virginia.