Swiss Re has promoted Sydney-based Mike Mitchell to a global role as Head of Property and Specialty Reinsurance at Swiss Re, and will move to Europe.

He will replace Edouard Schmid, who will become Group Chief Underwriting Officer, from July 1.

Mr Mitchell is at present Head of Property Underwriting and Property Casualty Facultative Asia Pacific. He has worked in the reinsurance sector for 30 years, and joined Swiss Re in 1997.

His previous roles include head of property and casualty for Asia-Pacific, chief property underwriter and head of structured reinsurance solutions.

Mr Mitchell has also worked at Mercantile & General Re in London and Singapore, specialising in property and casualty underwriting.