11 September 2017News

Hamilton Underwriting hires Markel exec as head of outwards reinsurance

Hamilton Underwriting, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, has appointed Nikhil Barvé as head of outwards reinsurance and underwriting supervision.

Barvé joins Hamilton from Markel International where he was underwriting manager, wholesale. Prior to that, he served with International General Insurance Company, where he was a treaty underwriter, most recently focusing on the creation of a London subsidiary, IGI UK.

From 2002 to 2007, he was based in Bermuda, combining underwriting treaty business and outwards reinsurance placement. In addition, he was part of an executive management team responsible for run-off management.

Prior to Bermuda, Barvé was active in treaty reinsurance underwriting and ceded reinsurance in the Lloyd’s marketplace.

In his new position, Barvé will report to Hamilton Underwriting’s chief executive officer Dermot O’Donohoe, and active underwriter and head of treaty Trevor Carvey.

"I am extremely pleased to welcome Nik to our team," O’Donohoe said. "He has in-depth knowledge of the Lloyd’s and European markets and will play a leading role in our outwards reinsurance strategy, working closely with our underwriting and risk departments to develop controls around the business as we grow."

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