Montpelier Reinsurance appoints president

His appointment will be effective November 25, subject to approval from the Bermuda Department of Immigration.

Mr Schaper will be responsible for the underwriting strategy, profitability and growth of the Bermuda-based businesses, including reinsurance and insurance accountability.

He will report to Montpelier Holdings’ president and CEO, Christopher L Harris.

Mr Schaper has 25 years of experience within the insurance and reinsurance industry, most recently with Endurance Specialty Holdings Ltd, where he was head of Reinsurance and chief underwriting officer for Endurance Bermuda.

He holds a MS degree in International Business and an MBA from Johns Hopkins University, a Bachelor’s Degree in Accounting and is a chartered property casualty underwriter.

Mr Harris said: “We are delighted to welcome Chris as a key member of our management team, and I look forward to drawing on his experience as we work to grow our Bermuda operations.”