Mt. Logan Re Appoints New Independent Director
Mt. Logan Re Ltd has appointed Dave Brining as Non-Executive Independent Director, effective immediately.
Mr. Brining has over 30 years of reinsurance and financial experience during which he has held a number of senior positions in both management and underwriting.
Between 1999 and 2005, Mr. Brining was Executive Vice President of Max Capital Group, Ltd. and a Director of Max Bermuda, Ltd. He was a founding member of the Company and assisted with its capital raising initiatives and its ultimate listing on NASDAQ. Mr. Brining was responsible for the Property & Casualty underwriting operations of the company.
From 1988 to 1999, Mr. Brining worked at Scandinavian Reinsurance Ltd., a company which he co-founded. He held the position of Chief Financial Officer between 1988 and 1994, and Executive Vice President, between 1994 and 1999.
Mr. Brining was Vice President and Controller at GTE Reinsurance Company, Ltd. between 1984 and 1988, and was responsible for the supervision of staff in the areas of accounting, financial planning, financial reporting and information systems.
Mr. Brining earned a Bachelor of Commerce with Honours from Queen’s University and earned his Canadian Chartered Accountant designation while working with Price Waterhouse in Toronto and Bermuda between 1979 and 1984.
Rick Pagnani, President and Chief Executive Officer of Mt. Logan Re commented that “We are very pleased to have Dave join the Mt Logan Board of Directors. Dave brings a wealth of knowledge and experience across both finance and underwriting in the reinsurance industry. Dave is a welcome addition and his skillset will complement our current Board.”
Bermuda domiciled Mt. Logan Re, Ltd. is Everest Re Group Ltd.’s special purpose reinsurer formed in January 2013 to provide collateralized capacity to the worldwide property catastrophe reinsurance market.
