Third Point Re hires Allied World's Gibbons to lead specialty treaty portfolio

Bermuda-based Third Point Reinsurance Company has hired Tracey Gibbons to lead its specialty treaty division.

The portfolio will initially include workers compensation catastrophe, PA/Life catastrophe and other niche lines of business including contingency and political violence.

Gibbons joins the reinsurer from Allied World Assurance Company, where she was senior vice president of specialty reinsurance.

Rob Bredahl, president and chief executive officer of Third Point Re, said: “We began broadening our risk appetite in 2018, particularly with the addition of modest exposure to short tail catastrophe risk. Tracey’s specialty experience will be very useful as we develop diverse new lines of business, and represents a natural progression of our strategic development.

"We plan to build on this new team under her leadership during the course of the year. Tracey is a highly respected underwriter with a global reputation and we are delighted to have such a high caliber executive join us.”

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