CATCo appoints Director Underwriting, Ron Collins
March 06 2012 - 1:02AM
RNS Non-Regulatory
TIDMCAT
CATCo Reinsurance Opps Fund Ltd
06 March 2012
CATCo Investment Management Ltd. ("the Company")
Appointment - Director of Underwriting
Press Release Date: 6 March 2012
Ron Collinswill join CATCo Investment Management Ltd in the
newly created role of Director of Underwriting. Reporting directly
to Chief Executive Tony Belisle and indirectly to Chief Operating
Officer and Chief Financial Officer Jason Bibb, Ron will have
shared responsibility for CATCo-Re Ltd's underwriting functions
with Graham Wood. All investment portfolio's continue to be managed
by Tony Belisle supported by a strong and experienced
investment/reinsurance team.
Ron has 30 years of reinsurance underwriting and broking
experience most recently as Senior Managing Director at Aon
Benfield with a focus on the development and execution of various
collateralized reinsurance opportunities across the property,
marine, aviation and satellite classes of business. His prior
broking experience also included comparable responsibilities at
Benfield Group and Willis Re. Previously, Ron was Chief
Underwriting Officer of the International Reinsurance division of
Reliance National Company generating significant gross, and net,
profits across the above classes of business principally for London
and European based syndicates and companies.
Tony Belisle, Chief Executive of CATCo Investment Management
Ltd, said: "As a business, our objective at CATCo is to deliver
distinctive and compelling investment products to our clients
around the world. And we aim to offer these within a
robustly-managed structure. To underline the importance of the
underwriting approach in deploying our investment strategies, we
have created a new position and recruited a highly experienced
individual. Having previously been an underwriter and broker for
large institutional companies, Ron brings a great breadth and depth
of experience to this new role and will be a valuable addition to
our team"
Jason Bibb, Chief Operating Officer and Chief Financial Officer
of CATCo Investment Management Ltd, said: ""We are delighted that
Ron is joining CATCo given how highly regarded he is within the
reinsurance industry. Ron's proven expertise and strong skill-set
complements our existing team and enhances our ability to deliver
strong investment performance for our growing client base of
investors and reinsurance counterparties.
- ends -
For further information, please contact:
Mark Way
Corporate Communications Director
CATCo Investment Management Ltd
Telephone: +44 7786 116991
Email: mark.way@catcoim.com
Jason Bibb
COO & CFO
CATCo Investment Management Ltd
Telephone: +1 (441) 531 2227
Email: jason.bibb@catcoim.com
Notes:
CATCo Investment Management Ltd is a specialist investment
management business. From our headquarters in Hamilton, Bermuda, we
manage c.$1.3 billion in retrocession reinsurance portfolios for
clients around the world, including financial institutions,
charities, pension funds, family offices and investment funds.
CATCo Investment Management Ltd is authorised and regulated by
the Bermuda Monetary Authority.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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