Swiss Re appoints new COO to support long-term strategy for L&H business

Swiss Re has announced the appointment of Robin Spencer as chief operating officer (COO) for its life & health reinsurance (L&H Re) business, effective from the 1st September 2025.

Related topics:  swiss re,  New Hire
Tabitha Lambie | Editor, Protection Reporter
19th August 2025
Robin Spencer, COO at Swiss Re
"I firmly believe that Robin’s energy and drive will help us unlock new levels of operational excellence to better serve our clients."
- Paul Murray, CEO of L&H Re at Swiss Re

Prior to this appointment, Robin Spencer (pictured) served as director at MSIG UK. In the past, he’s also worked as chief operating officer (COO) at Prudential and CEO of Aviva UK & Ireland’s general insurance (GI) business, amongst others. 

In his new role, Robin will be responsible for overseeing Swiss Re’s life & health reinsurance (L&H Re) business operations and spearheading the implementation of data and technology driven solutions to support performance and scalability. 

“Robin’s appointment marks a pivotal step in our journey to build a future-ready operational foundation. His proven ability to lead international teams and his deep understanding of our industry make him the ideal fit to support Swiss Re’s long-term strategy in the L&H business. 

“I firmly believe that Robin’s energy and drive will help us unlock new levels of operational excellence to better serve our clients,” said Paul Murray, CEO of L&H Re at Swiss Re. 

Last week, Swiss Re reported a 5% drop in insurance revenue for its L&H Re arm during H1 2025 despite a slight improvement in new business margins. Revenue fell from £6.3bn ($8.53bn) in H1 2024 to £5.93bn ($8.04bn) this year. 

READ MORE: Swiss Re L&H revenue and profit down 5% in H1 2025

It said the decline was mainly due to a one-off external retrocession deal which boosted last year's results. Despite this fall in revenue, Swiss Re is sticking to its £1.18bn ($1.6bn) net income target for 2025.

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