QBE Re appoints Head of Underwriting for Bermuda


QBE Re has appointed Andy Richardson as Head of Underwriting for Bermuda.

He joins from Aeolus Capital Management, Bermuda where he was Portfolio Manager and has experience in senior roles at Lancashire Insurance and Guy Carpenter.

In his new role, Andy will focus on supporting the development of QBE Re’s Bermuda platform as well as further strengthening the global property capability.  He will report to Tracey Gibbons, Head of QBE Re Bermuda and will take up the new role at the beginning of June subject to Bermuda immigration.

Chris Killourhy, Managing Director, QBE Re said: “I am pleased that we have been able to attract someone of Andy’s calibre to QBE, whilst demonstrating our commitment to the Bermuda market. Andy’s background, as both a broker and an underwriter in several jurisdictions, coupled with his extensive knowledge of the Bermuda and global property reinsurance markets, will be a huge asset.”

QBE Re 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.

Authored by QBE Re


About QBE

QBE European Operations is part of QBE Insurance Group, one of the world’s leading international insurers and reinsurers and Standard & Poor’s A+ rated. Listed on the Australian Securities Exchange, QBE’s gross written premium for the year ended 31 December 2018 was US$13.7 billion.

As a business insurance specialist, QBE European Operations offers a range of insurance products from the standard suite of property, casualty and motor to the specialist financial lines, marine and energy. All are tailored to the individual needs of our small, medium and large client base.

We understand the crucial role that effective risk management plays in all organisations and work hard to understand our clients’ businesses so that we offer insurance solutions that meet their needs – from complex programmes to simpler e-trading solutions – and support them in minimising their risk exposures. Our expert risk management and rehabilitation practitioners focus on helping clients improve their risk management so that they may benefit from a reduction in claims frequency and costs.

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