25 June 2018News

Patria Re poaches reinsurance head from Guy Carpenter

Latin American reinsurer Patria Re has hired Tom Cunningham from broker Guy Carpenter to oversee its reinsurance division as vice president.

Cunningham will be in charge of all inwards and outwards reinsurance operations, corporate solutions and implementation of risk transfer solutions for the Peña Verde group. All the reinsurance operations will report directly to him including the Lloyd’s syndicate, and he will also be CEO of the company's special purpose arrangement (SPA) at Lloyd's.

Cunningham has more than 20 years of experience in the reinsurance market where he has worked most recently as the head of Guy Carpenters’ Miami operation.

"With a strong technical background, thorough knowledge of the Latin American and Caribbean markets, excellent interpersonal relations and leadership skills, Tom will be a fundamental piece in our efforts to strengthen our current offering and bring the Patria project to its full fruition," said Manuel Escobedo, chairman and CEO of Patria Re.

"We are sure that with his vision and capabilities combined with the wealth of expertise that already exists within Patria the whole Reinsurance Division of the Peña Verde Group will continue to expand as an international reinsurer specialized in Latin America."

Make sure you are GDPR compliant and  confirm your email address to keep getting our daily emails

More of today's news

Financial and professional lines dominate Lloyd's electronic placement

Crosswinds, Crosswinds Re to be dissolved

XL Innovate leads $17m financing for AI-driven Cape Analytics

China takes full ownership of Anbang

Singapore Reinsurers Association unveils executive committee line-up

Don't miss our insurtech email newsletter - sign up today

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Elliot Field at efield@newtonmedia.co.uk or Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
2 January 2018   Adrian Brian has been named director of Patria Re Marketing Services, a wholly owned subsidiary of Patria Re, based in London.
Insurance
2 January 2018   Manuel Escobedo, the chairman of Mexican reinsurer Patria Re, is also fulfilling the role of interim chief executive, the company has confirmed, while it seeks a permanent replacement for Ingrid Carlou who stepped down in December last year.