New York Based Reinsurer Southport Re Appoints Chief Actuarial Officer

With McNichols having this position he will be responsible for supporting reinsurance underwriting and directing quantitative risk analytics, as well as leading Southport Re’s enterprise-wide risk management processes.

McNichols served as a consulting actuary for Aon, before joining Southport Re, leading dynamic risk modeling projects for insurance companies and large corporations. His role included providing advice on risk pricing, capital structures, maximizing risk-adjusted returns and asset-liability portfolio optimization.

McNichols held many executive positions at XL Capital prior to Aon, including chief actuary and chief operating officer of the financial guaranty division. He has published actuarial papers on a wide range of topics, including reserve variability, financial guarantee risks, derivatives, and modeling foreign exchange and commodities. McNichols received his Associate of the Casualty Actuarial Society in 1988 and is a member of both the American Academy of Actuaries and International Actuarial Association.