Resolution Re, the Bermuda-domiciled reinsurance company within the Resolution Life Group, announced the appointment of Steve Hales as chief executive officer.
Prior to joining Resolution Life Group in 2017 as executive director of Europe, Steve was group head of Connected Insurance at Assicurazioni Generali where he led Data Science and ‘Internet of Things’ capabilities across the group.
Before that he moved to Assicurazioni Generali in 2013 to lead its newly created Global Life business line. Hales was also previously head of AXA’s Life and Savings business across its Southern Europe, Latin America and MENA markets.
Sir Clive Cowdery, executive chairman at Resolution Life, commented: “Steve is well placed to build our reinsurance business given his previous experience in global life markets and his contribution to the launch of Resolution Life Group.”
Hales, CEO of Resolution Re, commented: “I am excited to begin my role heading up Resolution Re. The life insurance industry is going through a deep transformation in a difficult macroeconomic environment. By providing a safe harbour for the sector’s existing policyholders, I believe that Resolution Re can genuinely help insurers through these challenging times. The next couple of years promise to be a lot of fun as we expand Resolution Re across different markets across the world.”