25 March 2014 News

Hamilton Re appoints chief risk officer

Property and casualty re/insurer Hamilton Re, has promoted Peter Skerlj to chief risk officer. Skerlj, who is a founding member of Hamilton Re’s management team, brings more than 17 years’ experience to the role.

He began his career as a wind engineer at Applied Research Associates, researching hurricanes and other extreme winds from a variety of viewpoints including climate, the physical impact on buildings and the cost to insurers.

Skerlj joined the re/insurance industry in 2004 and has held a variety of roles in risk and analytics at PartnerRe Global, Lancashire Insurance Company and, most recently, Q Re Bermuda Advisors. His experience covers a wide-range of business classes in both insurance and reinsurance including pricing, risk accumulation and portfolio management.

“I’m delighted to announce Pete’s well-deserved promotion to this critical role in our company,” said chief executive officer Brian Duperreault. “With his extensive experience in analytics, his actuarial skills and his deep knowledge of the reinsurance sector, Pete strengthens the intelligent risk management that characterises Hamilton Re.

“Pete’s promotion demonstrates our confidence in the significant contribution he makes to our company and underscores our commitment to disciplined risk management.”

Skerlj said: “I enjoy being a part of the young and dynamic team at Hamilton Re. And the chance to work with an industry icon like Brian Duperreault doesn’t come along very often. Coupled with our relationship with Two Sigma, a leader in the field of technology, big data and analytics, I’m excited about the possibilities that we face.

“We are creating a solid framework, from the ground up, to proactively manage the risks faced by our industry, enabling our company to create value for both our policyholders and shareholders.”

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