2025-08-07 · Source: Reinsurance News
Summary in 3 Points • OnRe appoints Tunde Olowofila as Head of Reinsurance • Olowofila to lead underwriting strategy and global expansion • Collaboration with brokers and cedants to enhance market position --- OnRe, a leading entity in the **reinsurance** industry, has announced the appointment of Tunde Olowofila as its new Head of Reinsurance. This strategic move is poised to impact OnRe's **underwriting** strategy significantly, as Olowofila brings a wealth of experience to the table. His primary focus will be on refining risk selection and **portfolio construction** to support the company's ambitions for global expansion. This appointment is particularly relevant to the London Market, where OnRe is seeking to bolster its presence and competitiveness. Olowofila's role will involve close collaboration with key stakeholders, including brokers, cedants, and **capital providers**. This collaboration is crucial for enhancing OnRe's market position, as it will enable the company to better align its offerings with the needs and expectations of the market. By working closely with brokers, Olowofila aims to optimize **risk transfer** solutions, ensuring that OnRe's products remain attractive and competitive in a rapidly evolving market landscape. For London Market professionals, particularly **underwriters**, brokers, and risk managers, Olowofila's appointment signals a potential shift in OnRe's approach to **risk management** and **capital allocation**. His expertise in **underwriting** and strategic risk selection is expected to drive innovation and efficiency, potentially leading to more tailored and responsive reinsurance solutions. This could result in more competitive pricing and enhanced coverage options, benefiting both OnRe's clients and partners. As OnRe seeks to expand its global footprint, its success will depend on effectively navigating the complexities of international markets. Olowofila's leadership will be instrumental in this regard, as he leverages his industry knowledge to identify new opportunities and mitigate potential risks. For the London Market, this development underscores the importance of strategic leadership in driving growth and maintaining a competitive edge in the global **reinsurance** sector.
OnRe, a leading entity in the reinsurance industry, has announced the appointment of Tunde Olowofila as its new Head of Reinsurance. This strategic move is poised to impact OnRe's underwriting strategy significantly, as Olowofila brings a wealth of experience to the table. His primary focus will be on refining risk selection and portfolio construction to support the company's ambitions for global expansion.