RAA Elects Officers

RAA Elects Officers

Tad Montross, President and Chief Executive Officer, General Reinsurance Corporation, was elected chair of the Board of Directors of the Reinsurance Association of America (RAA) at the 46th Annual Meeting of Members held in Washington.

Elected to serve with Mr. Montross are vice chair Henry Klecan, President and Chief Executive Officer, SCOR U.S. Corporation and SCOR Reinsurance Company, and Michael Sapnar, President and Chief Executive Officer, Transatlantic Holdings, Inc., who will serve as secretary-treasurer. Mr. Montross is also chair of the Council of Reinsurers and Brokers, and Robert Hatcher, Executive Vice President and National Managing Director, U.S. Branch Network, Willis Re, was elected co-chair of the Council of Reinsurers and Brokers.

Tad Montross is Chairman and Chief Executive Officer of General Re Corporation. Prior to assuming that role in April 2008, he was President and Chief Underwriting Officer of General Re since 2001. Tad joined General Re in 1978 as a Casualty Facultative Underwriter. He was promoted to Senior Vice President in 1992.

Tad is a graduate of Harvard College. He currently serves on the Executive Committee of the Board of St. John’s University’s School of Risk Management and the Executive Committee of the Board of Trustees of the American Institute for CPCU. He has served on the Board of Directors of the National Disaster Coalition and the Insurance Information Institute, and on the Advisory Committee of the Chicago Board of Trade.

Henry Klecan is currently Managing Director of SCOR’s operations in the Americas. Mr. Klecan is also the President and Chief Executive Officer of SCOR U.S. Corporation and SCOR Reinsurance Company, SCOR Canada Reinsurance Company and Vice-Chairman of SCOR Global Life Americas Reinsurance Company (SGLA) and SCOR Global Life USA Reinsurance Company (SGLUSA); he also serves as the Chairman, President and Chief Executive Officer of General Security National Insurance Company and General Security Indemnity Company of Arizona. Mr. Klecan is a past member of the SCOR Group Executive Committee (Paris).

Mr. Klecan is a graduate of Concordia University earning a BA, Philosophy and Economics, and the University of Montreal, where he obtained his law degree. He is a member of the Quebec Bar Association.

Michael Sapnar is President and CEO of Transatlantic Holdings, Inc. and its subsidiaries, Transatlantic Reinsurance Company (TransRe) and Fair American Insurance and Reinsurance Company (Fairco).

Mike joined TransRe in 1995 as an Assistant Vice President in the Special Casualty Unit underwriting D&O, E&O and Medical Malpractice. He transferred to the London Office in June 1996. He was appointed Underwriting Manager of the London Branch in 1998 until 2002 when he returned to New York serving as the Chief Underwriting Officer for North America. He was appointed President and CEO in 2012. Mike earned a BA in Economics from the College of William and Mary and an MBA in Finance from New York University.

Robert (Trey) Hatcher is Executive Vice President and National Managing Director, U.S. Branch Network, Willis Re, responsible for Willis Re’s 13 branch offices in the United States. He was appointed to that position in 2007. Trey is also Senior Account Executive responsible for the production of new business and account management. He is based in Philadelphia. Before joining Willis in 1994, he was Vice President and Principal with Towers Perrin. Trey started his career with Chubb & Son.

The Reinsurance Association of America is the leading trade association of property and casualty reinsurers doing business in the United States. RAA membership is diverse, including reinsurance underwriters and intermediaries licensed in the U.S. and those that conduct business on a cross-border basis. The RAA represents its members before state, federal and international bodies.