Hamilton Insurance Group
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The walls are closing in on the total return reinsurers.
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Venkat Krishnamoorthy will take on the newly created role on 5 August.
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The collateralised capacity from Turing Re will support the reinsurer’s property treaty reinsurance portfolio.
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Newcomer Peter Barrett will oversee the integration of the Liberty Mutual businesses Hamilton is buying.
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Hamilton’s acquisition of Pembroke radically changes its business profile. -
The Bermuda group plans to expand the operation that manages syndicates for GIC Re and Patria Re.
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The agreement, which frees Liberty from overlapping Lloyd's businesses, includes Pembroke's Irish operation.
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Canopius, Elliott and Cinven look set to be disappointed as the Pina Albo-led rival bidder prevails.
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Hamilton and Cinven are the other parties in Evercore-run process.
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Robert Vetch was previously CFO of WR Berkley Underwriting.
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Other significant reductions in this publication’s running SBF approval tally include Aspen 4711, Markel 3000 and Hiscox 33.
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The new role will see Chan write a broad book of casualty and specialty risks.
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