Thierry Léger and John Neal Appointed chair and vice-chair of Insurance Europe’s Reinsurance Advisory Board
SCOR CEO Thierry Léger and Lloyd’s CEO John Neal have been appointed as chair and vice-chair, respectively, of Insurance Europe’s Reinsurance Advisory Board (RAB).
Thierry Léger succeeds Gen Re’s Charlie Shamieh, who has chaired the Insurance Europe’s Reinsurance Advisory Board (RAB) since June 2023. Léger, with 25 years of experience in the reinsurance industry, has been SCOR’s CEO since May 2023. His appointment comes at a critical time as the new European Parliament and Commission are about to take office, underscoring the importance of maintaining the industry’s competitiveness amidst significant challenges.
Léger expressed his appreciation, saying, “I am honoured to serve as the RAB’s chair and would like to express my gratitude to Charlie for his leadership over the past year. While the world is experiencing multiple transitions all at once—geopolitical, ecological, digital—I look forward to working with John and my fellow Insurance Europe’s Reinsurance Advisory Board members. Together, we will continue to promote an open and thriving reinsurance market where risks can be diversified globally and educate stakeholders on the power of reinsurance to protect societies in these challenging times.”
John Neal, who has been CEO of Lloyd’s of London since 2018, will serve as vice-chair of the RAB before succeeding Léger as chair in June 2025.
Following his appointment, Neal stated, “I am delighted to take up the position of vice-chair of the RAB and to support the vital and innovative role reinsurers play in mitigating risks in an increasingly uncertain world.”
The RAB aims to foster a stable, innovative, and competitive reinsurance market environment by promoting regulatory frameworks that facilitate global risk transfer through reinsurance and other insurance-linked capital solutions. The board is represented at the chairman and CEO level by seven major reinsurers: Gen Re, Hannover Re, Lloyd’s of London, Munich Re, PartnerRe, SCOR, and Swiss Re, with Insurance Europe providing the secretariat.
