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Third Point taps former AIG executive as COO

David Junius

Bermuda-based insurance and reinsurance group Third Point Reinsurance Ltd. has named former American International Group Inc. executive David Junius as chief operating officer, effective Oct. 1.

In a statement Tuesday, Third Point Re said Mr. Junius will transition to chief financial officer once its merger with Sirius International Insurance Group Ltd. creating SiriusPoint Ltd. is completed.

Current CFO Christopher S. Coleman will continue in his role through the closing of the merger and then serve in a “mutually agreed senior position” at SiriusPoint, Third Point said in the statement.

New York-based Mr. Junius most recently served as CFO of the international division of the general insurance segment at AIG. Prior to that, he was AIG’s corporate treasurer, CFO of the AIG property/casualty Asia-Pacific operations and managing director of AIG strategic planning.