Swiss Re’s Group Chief Executive Officer Andreas Berger said: “Underwriting is at the core of everything we do, and the re-establishment of this function underscores our commitment to enhancing technical excellence across all businesses.”
Zurich: Swiss Re announced today that Kera McDonald, currently Chief Underwriting Officer of Swiss Re Corporate Solutions, is appointed Group Chief Underwriting Officer as of 1 June 2025, subject to regulatory approval.
Separately, after a combined 25-years’ tenure at Swiss Re, Group Chief Risk Officer Patrick Raaflaub has decided to retire by the end of September 2025. The succession process is currently in progress, and a successor will be announced in due course.
Kera McDonald has more than 30 years of professional experience and has been with Swiss Re since 2006 in various specialist and leadership roles.
She has been a member of the Corporate Solutions Executive Committee since July 2019 and the Chief Underwriting Officer for this Business Unit since 2022.
She holds a Bachelor’s degree in Mathematics and Economics from Cornell University and an MBA in International Business from the University of Washington.
In her new role as Group Chief Underwriting Officer, Kera McDonald will be responsible for driving underwriting excellence across all Business Units, steering the Group capacity allocation, defining mid-term underwriting ambitions and approving very large or complex transactions.
Swiss Re’s Group Chief Executive Officer Andreas Berger said,”Underwriting is at the core of everything we do, and the re-establishment of this function underscores our commitment to enhancing technical excellence across all businesses. As the Chief Underwriting Officer for Corporate Solutions, Kera has been instrumental in improving costing accuracy and significantly enhancing portfolio management discipline and processes. I’m very pleased to welcome Kera to Swiss Re’s Group Executive Committee in this new role.”