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.