Swiss Re appoints property specialty lines executive

Michael LaRocca

Michael LaRocca has been named head, property specialty lines North America for Swiss Re Corp. unit Swiss Re Corporate Solutions, effective Wednesday, said Swiss Re in a statement Monday.

Mr. LaRocca, who will be New York-based, replaces Jamie Miller, who was named North America property chief underwriting officer, general insurance, by American International Group Inc. in June.

A Swiss Re spokeswoman referred questions on Mr. LaRocca’s previous positions to LinkedIn, which indicates he was previously chief underwriting officer, property North America, at XL Catlin.

Swiss Re said in its statement that in his new role Mr. LaRocca will be responsible for managing the strategy, development and performance of the company’s property and specialty lines portfolio.It said he will oversee the general property, energy property, excess and surplus property, engineering and construction, general aviation and marine teams throughout the U.S. and Canada.