Nikhil Barvé Appointed as Head of Outwards Reinsurance and Underwriting Supervision
LONDON, United Kingdom, 10 September, 2017 — Hamilton Underwriting Limited, the managing agency of Syndicate 3334 and the Lloyd’s operations of Hamilton Insurance Group, today announced that Nikhil Barvé has joined the company as Head of Outwards Reinsurance and Underwriting Supervision.
Mr. Barvé reports to Hamilton Underwriting Limited’s Chief Executive Officer Dermot O’Donohoe and Active Underwriter and Head of Treaty Trevor Carvey. He took up his position on August 29, 2017.
“I am extremely pleased to welcome Nik to our team,” said Mr. O’Donohoe. “He has in-depth knowledge of the Lloyd’s and European markets and will play a leading role in our outwards reinsurance strategy, working closely with our underwriting and risk departments to develop controls around the business as we grow.”
Well-known in the reinsurance market, Mr. Barvé has worked overseas and in London in a career that has spanned more than 30 years as Underwriting Manager, Reinsurance Underwriter and Ceded Reinsurance Manager within several different regulatory environments including Bermuda. He joins Hamilton from Markel International where he was Underwriting Manager, Wholesale. His responsibilities included development and oversight of overseas platforms.
Mr. Barvé previously served with International General Insurance Company, where he was a treaty underwriter, most recently focussing on the creation of a London subsidiary, IGI UK. From 2002 to 2007, he was based in Bermuda combining underwriting treaty business and outwards reinsurance placement. In addition, he was part of an executive management team responsible for run-off management.
Prior to Bermuda, Mr. Barvé was active in treaty reinsurance underwriting and ceded reinsurance in the Lloyd’s marketplace.
Mr. Barvé holds a diploma from the Chartered Insurance Institute in the United Kingdom.
About Hamilton Underwriting Limited
Hamilton Underwriting Limited is the Lloyd’s managing agency of Hamilton Insurance Group (“Hamilton”), the Bermuda-based holding company for insurance and reinsurance operations in Bermuda, the US and at Lloyd’s. Hamilton leverages analytics and research to create underwriting and investment value for its clients and shareholders. For more information, please visit www.hamiltongroup.com | Twitter: @HamiltonInsures | LinkedIn: Hamilton Insurance Group