SAC Re Adds Property Cat. Underwriter

Oct 24 2012 | 4:37am ET

SAC Capital Advisors' nascent reinsurance business is growing.

Tim Duffin will join SAC Re next month from Platinum Underwriters in Bermuda. Duffin will serve as deputy property catastrophe underwriter.

He'll work under Kathleen Reardon, who joins the firm next week as chief underwriting officer for property, Trading Risk reports.

SAC launched its reinsurance business in Bermuda in July with $500 million in initial capital. The firm is led by Simon Burton, formerly CEO of Lancashire Holdings and Lancashire Insurance Co.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note