Amlin Bermuda enters casualty reinsurance market

Posted by on Nov 16, 2010 in Local News & Alerts | 0 comments

By Postonline.co.uk

Amlin is to start writing casualty reinsurance business at its office in Bermuda from 1 January 2011.

The decision sees Peter Tadman, casualty underwriter at Amlin London, take on a new role in Bermuda writing casualty reinsurance for inceptions from 1 January 2011.

Stuart MacKellar, managing director, Amlin Bermuda commented: “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 said: “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.

Mr Tadman, who will be based in Bermuda from 22 November, 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.

Prior to joining Amlin, he underwrote the US liability account at Argo International (formerly Heritage Syndicate).

During his 14 years’ in the market, he has also worked for the Catlin Syndicate in its reinsurance division and HSBC Insurance Brokers, North America division.

Read more: http://www.postonline.co.uk/post/news/1898119/amlin-bermuda-enters-casualty-reinsurance-market#ixzz15SwEU9UD
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