Job title: Member of the executive board
Company: Hannover Re
Silke Sehm was appointed as a full
member of the executive board
of Hannover Re in March 2019.
Throughout her more than 20 years
with the Hanover-based reinsurer,
she adopted as her leadership
principles that people should
enjoy working together and remain
Professionally, she is all about
markets, clients and products; less
common subjects like prime twins
also fascinate the 51-year-old mathematician. In a world that has
become volatile and complex, constant learning and being on top of
relevant topics is a prerequisite.
From 1996 on she applied her curiosity for Hannover Re as she
embarked on her professional career as an actuary and underwriter
for property & casualty business. Two years later she moved to
Hannover Re’s Advanced Solutions Germany department and dealt
with structured reinsurance and tailor-made reinsurance solutions.
In 2008 she took over worldwide responsibility as managing
director overseeing all structured reinsurance business written by the
Hannover Re Group with a premium volume of €3 billion as of today.
As a member of Hannover Re’s executive board she is now responsible
for Advanced Solutions worldwide, the global catastrophe business,
retrocession and group protection, ILS and property & casualty treaty
business in the French-speaking and Nordic markets in Europe as
well as Central and Eastern Europe and Africa.
For the tasks that lie ahead of her and her teams, Sehm will focus
on the growing importance of working together to be successful. She
is a strong advocate of sharing information and operating in a climate
of respect, trust and freedom.
Job title: Chief risk officer
Penny Shaw joined Chaucer
in August 2014 as board risk
director with responsibility
for the overall performance,
direction and management of
enterprise risk management,
underwriting risk management,
exposure management, and
credit risk management as well as
responsibility for legal, compliance
and corporate governance
She was appointed chief risk officer in January 2016, and
subsequently promoted to group chief risk officer in January 2017
for Chaucer’s former parent company The Hanover Insurance Group,
Following the sale of Chaucer to China Re in December 2018, Shaw
has continued in her role as chief risk officer at Chaucer to ensure the
business makes a smooth transition to its new owner.
Since 2014 she has been an executive member on the board of
directors of Chaucer Syndicates Limited.
Before joining Chaucer Shaw was group chief risk officer at
Hiscox. Prior to this, she was with ACE (now Chubb) for 10 years,
most recently as European head of risk management & capital with
responsibility for Solvency II and joint responsibility for Chubb’s
global capital model build and implementation.
Shaw is a qualified actuary and has over 25 years of global insurance
industry experience. She has experience in governance, compliance
and conduct risk, underwriting risk and performance management,
ERM, actuarial pricing, reserving and capital modelling, exposure
management, credit risk management.
She is a non-executive director of Assured Guarantee Europe and
Pool Re Nuclear. She is an active member of the Insurance Supper
Club, a global business community supporting women in insurance.
Sehm will focus on the growing importance
of working together to be successful. \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\
Shaw has continued in her role as chief risk
officer at Chaucer to ensure the business
makes a smooth transition to its new owner.
54 \\\\\ THE TOP 50
Diversity and Inclusion Report 2019