Amlin Bermuda to write casualty business
15 November 2010
Amlin has announced its intention
to start writing Casualty reinsurance business from its Amlin
Bermuda office.
The decision sees Peter Tadman, Casualty Underwriter at Amlin
London, take on a new role in Bermuda writing Casualty reinsurance
for inceptions from 1st January 2011.
Stuart MacKellar, Managing Director, Amlin Bermuda comments:
“The decision to extend our existing book of business to
include Casualty reinsurance marks a natural progression in the
development of our business in Bermuda. We have an established
Property/Specialty reinsurance book and Casualty reinsurance will
naturally dovetail.”
Duncan Dale, Head of Property and Casualty at Amlin London
comments: “By providing new capital for Casualty reinsurance
business we will further diversify our already established book of
business in Bermuda and offer increased backing to our London
distribution channels.
Peter will be based in Bermuda from 22nd November 2010. He joined
the Amlin London Casualty Account in 2009; the book currently
comprises US Treaty - covering Healthcare, General Casualty
(including Workmens’ Compensation), Professional Liability,
Directors & Officers Liability and Auto Liability.
Duncan added: “Peter will
take to Bermuda a great breadth and depth of reinsurance experience
and we believe he will continue to make a valuable contribution to
the growth of Amlin’s business over the coming
years.”
Prior to joining Amlin, Peter underwrote the US Liability account at Argo International (formerly Heritage Syndicate). During his 14 years’ in the market, Peter has also worked for the Catlin Syndicate in its reinsurance division and HSBC Insurance Brokers Limited, North America division.
