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Henry Klecan, president and CEO of Scor U.S. Corp. has been elected chair of the Reinsurance Association of America’s board of directors for a one-year term.
Mr. Klecan succeeds Tad Montross, president and CEO of General Re Corp. The vote came during the Washington-based group’s annual meeting in Sea Island. Georgia, on April 23.
In addition, Michael Sapnar, president and CEO of Transatlantic Holdings Inc. was elected vice chair; and Kean Driscoll, CEO of Validus Reinsurance Ltd., was elected secretary-treasurer.
Mr. Klecan is also chair of the RAA’s Council of Reinsurers and Brokers, and Robert Hatcher, executive vice president of Willis Re, was elected co-chair of the Council of Reinsurers and Brokers.
Scor S.E. has said that it did not feel the need to join the ongoing consolidation activity in the industry, reports Reuters.