27 April 2017Insurance

Hamilton Re hires former RenRe, XL Catlin exec; reshuffles senior roles

Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has reshuffled certain senior management roles and hired new executives to diversify its portfolio.

The company has appointed Minesh Shah to a newly-created role of senior vice president, actuary. Shah will report to chief risk officer Pete Skerlj. He has previously worked in Bermuda and in the UK with Platinum Underwriters, Renaissance Re and XL Catlin.

Richard Sammons, who joined Hamilton Re in October 2014 as senior vice president, specialty, has been made the head of specialty with executive responsibility for the development of Hamilton Re's specialty book of business. Sammons reports to Claude Lefebvre, chief underwriting officer of casualty and specialty.

Furthermore, Sam Thomsen has been given the newly-created position of senior vice president, head of technology. Reporting to chief risk officer Pete Skerlj, Thomsen leads an engineering team set to enhance Hamilton Re's technology platform. He also works in with senior vice president, head of information systems Matt Isaly to execute the organisation's technology roadmap. Thomsen joined Hamilton Re in 2014.

"I'm delighted to welcome Minesh to Hamilton Re and to acknowledge the new titles for Richard and Sam's positions," said CEO Kathleen Reardon.

"Our commitment to data-driven underwriting as well as the ongoing diversification of our portfolio is ably supported by these developments. I'm proud to have these talented and experienced employees on my team."

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24 April 2017   Hamilton Re, the Bermuda-based property/casualty reinsurer of Hamilton Insurance Group, has agreed to acquire the renewal rights to Canopius Underwriting Bermuda's (Sompo Canopius) excess casualty insurance book of business. The transaction is expected to close mid-year.