Allianz Risk Transfer Names Peter Kiernan Head of North American Reinsurance

 Kiernan is responsible for supporting the business sourcing activities backed by PIMCO ILS and Allianz Re capacity. 

(Image source: AGCS homepage). 

Allianz Global Corporate & Specialty (AGCS, New York), Munich-based Allianz’s corporate insurance carrier, has announced that Peter Kiernan has joined as Head of North American Reinsurance in its Allianz Risk Transfer  (ART) division.

Peter Kiernan, Head of North American Reinsurance, Allianz Risk Transfer.

Based in Bermuda and reporting to ART Chief Underwriting Officer Richard Boyd, Kiernan is responsible for supporting the business sourcing activities backed by PIMCO ILS and Allianz Re capacity. He was most recently the Chief Underwriting Officer and President of Axis Re Bermuda.

“We are delighted to welcome Pete to the team,” comments Boyd. “He brings a wealth of portfolio management, underwriting and relationship management experience, which will be instrumental to supporting our North American ART clients and expanding our business in the region.”

Kiernan was previously head of U.S. Property for PXRE Reinsurance Limited, Bermuda and holds a Bachelor’s degree in Finance from Iona College.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at [email protected] or (503) 936-2803.

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