XL boss takes over from Munich Re chief executive Nikolaus von Bomhard
XL Group chief executive Mike McGavick has been elected as chairman of international insurance think tank the Geneva Association.
He takes over from Munich Re chief executive Nikolaus von Bomhard, who has stepped down after four years in the role.
“Over this period, the association has made great strides in developing research with relevance to the challenges faced by the insurance industry on behalf of its members,” said von Bomhard. “Today, the association is the unrivalled forum for CEO-level peer group discussion on insurance issues among the chief executives of international insurance businesses.”
McGavick is also currently chair of the Association of Bermuda Insurers and Reinsurers and of the Global Reinsurance Forum.
“The internationalisation of the insurance industry and the rapidly developing risk landscape mean that the association’s role as a think tank and forum for industry discussion is more important than ever,” said McGavick.