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Bob King to Retire as Executive Vice President of Treaty Reinsurance

2023-08-02 22:24
ST. LOUIS--(BUSINESS WIRE)--Aug 2, 2023--
Bob King to Retire as Executive Vice President of Treaty Reinsurance

ST. LOUIS--(BUSINESS WIRE)--Aug 2, 2023--

Safety National Re announced today that Bob King will retire as Executive Vice President of Treaty Reinsurance on August 18, 2023.

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After an accomplished career spanning over 35 years in reinsurance, Bob King will retire from Safety National Re as Executive Vice President of Treaty Reinsurance on August 18, 2023. (Photo: Business Wire)

King retires after an accomplished career spanning over 35 years in reinsurance. After serving in various senior positions for large industry reinsurance providers, King joined Safety National in 2012 as Vice President of Treaty Reinsurance. In 2020, he assumed the role of Senior Vice President of Safety National Re and Department Head of the reinsurance division, then transitioned to Executive Vice President of Treaty Reinsurance in 2021. He has been instrumental in the unit’s profitable growth and success over his time with the company, playing a key role in the diversification of our reinsurance offerings, expanding field presence throughout the U.S., and leading long-term strategic future planning for Safety National Re.

Kim Barnett has been appointed to replace King as Executive Vice President of Treaty Reinsurance and will remain as Chief Underwriting Officer of Treaty Reinsurance. Barnett brings over 30 years of experience to this position, previously holding senior positions in underwriting and actuarial pricing at various reinsurance companies. She became Chief Underwriting Officer of Treaty Reinsurance in 2021, after joining Safety National in 2018. To date, she has made a tremendous impact in providing overall leadership and management of reinsurance underwriting as well as the strategic direction of Safety National Re’s operations.

“On behalf of the company, I would like to express deep gratitude to Bob King for his leadership and strategic contributions that have helped to make Safety National Re the market leader that it is today,” said John Csik, President of Safety National. “Bob is well known and respected in the reinsurance industry. His expertise and demeanor have made him an outstanding leader. I am extremely optimistic about our future outlook with Kim Barnett leading the reinsurance division. We remain heavily committed to treaty reinsurance, continually focused on our unwavering ability to provide long-term reinsurance solutions with that trademark relationship-focused, solution-oriented approach our valued partners have come to appreciate from Safety National Re.”

Safety National Re offers a variety of reinsurance solutions, including lead market terms for a full range of workers' compensation excess of loss products, casualty clash and contingency programs, general casualty programs with significant workers' compensation exposure and specialty casualty programs for niche portfolios. Safety National Re is a division of Safety National Casualty Corporation, which is backed by parent company Tokio Marine Holdings. Safety National is rated A++ (Superior), FSC XV by A.M. Best and A+ by Standard & Poor’s.

View source version on businesswire.com:https://www.businesswire.com/news/home/20230802430548/en/

CONTACT: Christie Tucci

Assistant Vice President of Communications

Safety National

314-692-9548

christie.tucci@safetynational.com

KEYWORD: MISSOURI UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: INSURANCE PROFESSIONAL SERVICES

SOURCE: Safety National

Copyright Business Wire 2023.

PUB: 08/02/2023 10:16 AM/DISC: 08/02/2023 10:13 AM

http://www.businesswire.com/news/home/20230802430548/en