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Press Release

Peter Skerlj Promoted to Chief Risk Officer, Hamilton Re

HAMILTON, Bermuda, March 24, 2014 – Hamilton Insurance Group, the Bermuda-based holding company for Class 4 property and casualty reinsurer Hamilton Re, announced today that Peter Skerlj has been promoted to the position of Chief Risk Officer, Hamilton Re.

“I’m delighted to announce Pete’s well-deserved promotion to this critical role in our company,” said Chief Executive Officer Brian Duperreault. “With his extensive experience in analytics, his actuarial skills and his deep knowledge of the reinsurance sector, Pete strengthens the intelligent risk management that characterizes Hamilton Re.

“Pete’s promotion demonstrates our confidence in the significant contribution he makes to our company and underscores our commitment to disciplined risk management.”

“I enjoy being a part of the young and dynamic team at Hamilton Re,” said Mr. Skerlj. “And the chance to work with an industry icon like Brian Duperreault doesn’t come along very often. Coupled with our relationship with Two Sigma, a leader in the field of technology, big data and analytics, I’m excited about the possibilities that we face.

“We are creating a solid framework, from the ground up, to proactively manage the risks faced by our industry, enabling our company to create value for both our policyholders and shareholders.”

Mr. Skerlj, who is a founding member of Hamilton Re’s management team, brings more than 17 years’ experience to his new role.

Mr. Skerlj began his career as a wind engineer at Applied Research Associates, researching hurricanes and other extreme winds from a variety of viewpoints including climate, the physical impact on buildings and the cost to insurers.

Mr. Skerlj joined the (re)insurance industry in 2004 and has held a variety of roles in risk and analytics at PartneRe Global, Lancashire Insurance Company and, most recently, Q Re Bermuda Advisors. His experience covers a wide-range of business classes in both insurance and reinsurance including pricing, risk accumulation and portfolio management.

Mr. Skerlj is a Fellow of the Casualty Actuarial Society and holds both a Bachelor’s and Master’s Degree in Engineering Science from the University of Western Ontario, Canada with a specialty in wind engineering.

About Hamilton Insurance Group:
Hamilton Insurance Group leverages analytics and research to create underwriting and investment value for its clients and shareholders. As of December 31, 2013, Hamilton Insurance Group had approximately $800 million in capital.

About Hamilton Re:
Hamilton Re, a Bermuda-based Class 4 property and casualty reinsurer, is rated “A-“ (Excellent) with a stable outlook by A.M. Best Company, Inc.

Wendy Davis Johnson or +1 (441) 591-3820