Patria Re poaches reinsurance head from Guy Carpenter

Latin American reinsurer Patria Re has hired Tom Cunningham from broker Guy Carpenter to oversee its reinsurance division as vice president.

Cunningham will be in charge of all inwards and outwards reinsurance operations, corporate solutions and implementation of risk transfer solutions for the Peña Verde group. All the reinsurance operations will report directly to him including the Lloyd’s syndicate, and he will also be CEO of the company's special purpose arrangement (SPA) at Lloyd's.

Cunningham has more than 20 years of experience in the reinsurance market where he has worked most recently as the head of Guy Carpenters’ Miami operation.

"With a strong technical background, thorough knowledge of the Latin American and Caribbean markets, excellent interpersonal relations and leadership skills, Tom will be a fundamental piece in our efforts to strengthen our current offering and bring the Patria project to its full fruition," said Manuel Escobedo, chairman and CEO of Patria Re.

"We are sure that with his vision and capabilities combined with the wealth of expertise that already exists within Patria the whole Reinsurance Division of the Peña Verde Group will continue to expand as an international reinsurer specialized in Latin America."

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