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ACE Tempest Re appoints division president of Bermuda operations

ACE Tempest Re, the global reinsurance business of the ACE Group, has appointed Tim Mardon as division president of Bermuda operations.

In his new role, Mardon will have responsibility for all operating aspects of the company’s Bermuda-based property and casualty reinsurance business, including underwriting, finance, claims and administration.

He will report to Jacques Bonneau, chairman, ACE Tempest Re Group.

Mardon has over 22 years of experience in the reinsurance industry and joins ACE from Torus Re where he served as president and chief underwriting officer responsible for developing and underwriting the company’s reinsurance portfolio.

Before joining Torus Re, he was chief underwriting officer of Citadel’s reinsurance operations of CIG Reinsurance and New Castle Reinsurance.

Mardon has spent eight years with ACE Tempest Re Bermuda in property catastrophe and specialty underwriting, rising to the position of chief underwriting officer for the company’s US Desk.

ACE Tempest Re Group provides a broad range of products to a diverse array of primary property and casualty insurers through major business units in Bermuda, North America, Europe, Asia and South America.