QBE Re taps AXIS talent for Bermuda and global specialty expansion

Reinsurer QBE Re has hired a senior specialty underwriter from AXIS to further develop its Bermuda operations, as well as its global specialty offering. 

The Bermuda division of QBE Re has appointed Carmen DeSilva as VP – specialty underwriter.

DeSilva has more than 15 years of experience working across property and specialty underwriting in Bermuda and was previously at AXIS Specialty for 11 years. Her last role at AXIS was as strategic management coordinator and head of property run-off. 

Building out the Bermuda specialty reinsurance capabilities, DeSilva will also help to develop QBE Re’s global specialty offering in addition to the QBE Re franchise with cedants and brokers. She will be based in the Bermuda office.

QBE Re said the company has seen increased demand from global clients for specialty and property reinsurance in Bermuda as the business remains focussed on delivering sustainable growth whilst optimising its broader portfolio.

Tracey Gibbons, head of QBE Re Bermuda said: “We are pleased to welcome Carmen to the Bermuda and Global team. She joins us with a diverse skillset across specialty and property fields, including underwriting, portfolio construction and client relationship management. She will play a crucial role as we look to expand our footprint on the island and evolve our offering to our global client base.”

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