Pascal Alvarez is President & CEO of Capital Bay, a member company of Ryan Specialty Underwriting Managers. Capital Bay provides Financial Lines (re)insurance products for Financial Institutions and Commercial Entities across Latin America & the Caribbean. Prior to Capital Bay, Pascal spent nearly 25 years in a variety of senior roles at American International Group (AIG) in Latin America, the Caribbean and Continental Europe.

At AIG, Pascal served as Head of Commercial Insurance for Latin America & the Caribbean and formerly as Financial Lines Head and Chief Underwriting Officer for the region. When in Europe, he worked for Financial Lines in various roles of increasing responsibility, including Financial Institutions Manager in France, Financial Lines Manager for Spain, and Head of Financial Institutions for Continental Europe.

Pascal earned a Bachelor of Business Administration degree with a major in Finance from the ESG Management School in Paris, France. Pascal is fluent in English, Spanish and French and understands and reads Portuguese.