Former Validus Re CEO Conan Ward is expected to join Brian Duperreault’s Hamilton Re as head of US markets, the Insurance Insider is reporting.
Hamilton Re was formerly SAC Re and was bought by Duperreault and other investors including US hedge fund firm Two Sigma.
Duperreault, the former head of Marsh and the long time chairman and CEO of Ace Ltd, said in December when the transaction closed: “The Hamilton Re team looks forward to bringing a fresh approach to insurance and reinsurance, one based not just on world-class underwriting, but also a strong foundation of large data analytics, research, and fully-integrated technology. We are excited to get to work with our clients.”
Ward left Validus in 2012 having served as CEO of Validus Re and previously as chief underwriting officer. He is expected to be head of US insurance at Hamilton Re, the Insurance Insider said.