QBE Re has appointed Andy Richardson as Head of Underwriting for Bermuda.
He joins from Aeolus Capital Management, Bermuda where he was Portfolio Manager and has experience in senior roles at Lancashire Insurance and Guy Carpenter.
In his new role, Andy will focus on supporting the development of QBE Re’s Bermuda platform as well as further strengthening the global property capability. He will report to Tracey Gibbons, Head of QBE Re Bermuda and will take up the new role at the beginning of June subject to Bermuda immigration.
Chris Killourhy, Managing Director, QBE Re said: “I am pleased that we have been able to attract someone of Andy’s calibre to QBE, whilst demonstrating our commitment to the Bermuda market. Andy’s background, as both a broker and an underwriter in several jurisdictions, coupled with his extensive knowledge of the Bermuda and global property reinsurance markets, will be a huge asset.”
QBE Re has seen increased demand from global clients for specialty and property reinsurance in Bermuda as the business remains focussed on delivering sustainable growth whilst optimising its broader portfolio.
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For further information contact:
Sandra Villanueva, Corporate Communications, QBE, 020 7105 5284, Sandra.Villanueva@uk.qbe.com
Alexis Burris, Corporate Communications, QBE, 020 3465 3921, Alexis.Burris@uk.qbe.com
About QBE Re
QBE Re is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2022 was US$20 billion.
QBE Re was formed to bring together all of QBE’s global reinsurance capabilities, allowing us to provide a consistent, streamlined service to our clients. Today, we offer a range of Property, Casualty, Specialty and Life solutions to customers around the world from our offices in Bermuda, Brussels, Dubai, Dublin, London and New York.
Head of Media Relations & Content, QBE International