Hamilton Re hires specialty exec from QBE

Hamilton Re, the Bermuda-based property casualty reinsurer of Hamilton Insurance Group, has appointed Richard Sammons, formerly of QBE Re, as senior vice president, specialty.

Reporting to Claude Lefebvre, chief underwriting officer casualty and specialty, Sammons will be responsible for developing Hamilton Re’s specialty book of business on a worldwide basis. He takes up his new position in October.

Sammons comes to Hamilton Re after 11 years with QBE Re, most recently as portfolio manager with responsibility for all aspects of the aviation, space and personal accident books of business. From 1998 to 2003, Sammons gained experience as a broker of aviation and space risks, first at Aon and then at Willis Re.

Kathleen Reardon, chief executive officer, said: “I am very pleased to welcome Richard to Hamilton Re. Given his extensive background in specialty lines, as well as his established broker and client network, I have no doubt that the development of our specialty book is in good hands.”

Sammons said: “I am extremely excited about joining such a dynamic group. Hamilton Re is directed by one of the most impressive boards in the industry and backed by strong and skilled investors. Working with the company’s highly talented team, there’s a real opportunity to continue building on the firm’s value proposition for specialty lines and deliver superior value to shareholders.”