treaty News

Carpenter Promotes Stubbings as CEO of Bermuda Unit; Keegan Named Sr. VP

Guy Carpenter & Co. has promoted Peter Stubbings as CEO of the firm’s Bermuda operations, with immediate effect. In addition, Richard Keegan will join the Bermuda team as senior vice president in May. Previously chairman of the Bermuda office, in …

Validus Reaseguros Appoints Beltran as Head of Treaty Reinsurance

Validus Re, the reinsurance division of Bermuda-based Validus Holdings Ltd., has appointed Jorge Beltran as executive vice president, head of Treaty, for Validus Reaseguros Inc. In this new role, Beltran will be responsible for the implementation and execution of Validus …

SCOR Global P&C Appoints Gavazzi, Rousseau in Treaty Underwriting Area

SCOR announced it has made two underwriting appointments at its SCOR Global P&C unit. First, it appointed Umberto Gavazzi as chief underwriting officer for the Worldwide Treaty P&C operations of SCOR Global P&C, reporting to Victor Peignet, CEO of SCOR …

Montpelier Re Names Downey Global Casualty, Specialty Treaty Head

Montpelier Reinsurance Ltd., the Bermuda-based subsidiary of Montpelier Re Holdings Ltd., announced that it has named Christopher Downey as Head of Global Casualty and Specialty Treaty Reinsurance, effective immediately. He is responsible for leading the full portfolio of casualty and …

New U.N. Climate Deal Struck; Critics Say Gains Modest

Countries from around the globe agreed on Sunday to forge a new deal forcing all the biggest polluters for the first time to limit greenhouse gas emissions, but critics said the plan was too timid to slow global warming. A …

Endurance Appoints Lamer to Head U.S. Property Cat Treaty Reinsurance

Bermuda-based Endurance Specialty Holdings Ltd announced that Rene Lamer will assume the role of Senior Vice President and Head of U.S. Property Catastrophe Treaty Reinsurance. He is a Bermuda citizen, and will continue to report to Stephen Young, Executive Vice …

Arch Re Group Appoints McGuinness to Head New Canada Treaty Operation

Arch Reinsurance Group has announced its expansion into Treaty reinsurance in Canada with the appointment of Patrick McGuinness to lead Arch Re Canada’s new Treaty operation based in Toronto. He has 35 years of experience in the Canadian reinsurance and …