SiriusPoint poaches casualty underwriting SVP from RFIB Americas

SiriusPoint, an international specialty insurer and reinsurer, has appointed a new senior vice president (SVP) of casualty underwriting.

Larry Hallett joins the company from RFIB Americas, where he oversaw business development and servicing intermediary operations for the North American operations of the brokerage.

Reporting to Warren Trace, head of US and Canada, Americas Reinsurance, Hallett will focus on casualty underwriting, including traditional and structured reinsurance, and on strategic initiatives involving casualty insurance. He will be based in the New York area.

With 40 years’ experience in the North American reinsurance and insurance markets, Hallett has long experience in casualty treaty reinsurance, alternative risk management, captives, runoff and fronting arrangements.

Prior to RFIB, Hallett was managing director of 2 Wings Risk Services, where he was a reinsurance consultant and intermediary specialising in alternative risk entities.

David Govrin, global chief underwriting office and president, Americas reinsurance, said: “We are delighted that Larry is joining SiriusPoint. He is widely respected in the property casualty reinsurance industry, building, executing, and managing portfolios of insurance risk. His experience will be a valuable asset as we continue to respond to our client and industry needs with creative and innovative solutions, building our profile as SiriusPoint.”

Hallett started his career at the Constitution Reinsurance Corporation in New York, before joining Western Atlantic Reinsurance Corp and subsequently, Swiss Re. In 2000 he assumed a leadership role at XL Financial Solutions in Stamford as senior managing director for the structured indemnity team.

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