Mr. Caputo is joined by Sonia Galvis, who is Max’s Latin American chief underwriting officer. The reinsurance operation plans to expand its platform in the region, particularly in Brazil, Hamilton, Bermuda-based Max Capital said in a statement.
Mr. Caputo most recently served as regional director and operating officer for XL Re Latin America Ltd. and has 36 years of underwriting and management experience in Latin America. He will be based in Rio de Janerio, the headquarters of Max Capital’s Latin American unit.
Ms. Galvis most recently served as regional director and underwriting officer of the northern region for XL Re Latin America Ltd. She also is based in Rio de Janerio.
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