Reinsurance Underwriter Allstate Re. Keeping this cookie enabled helps us to improve our website. Treaty Acknowledgements. Arch Re Canada will offer a full range of property and casualty Treaty products to serve the Canadian marketplace, complementing its existing Canadian Facultative team. By offering industry-leading analytical tools and underwriting acumen, we have built long-term trading relationships, many of which exceed 10 years. Senior Underwriter at Arch Reinsurance Company Morristown, New Jersey 500+ connections. The Private Securities Litigation Reform Act of 1995 (“PSLRA”) provides a “safe harbor” for forward-looking statements. Arch Reinsurance Group has announced its expansion into Treaty reinsurance in Canada with the appointment of Patrick McGuinness to lead Arch Re Canada’s new Treaty operation based in Toronto. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other cautionary statements that are included herein or elsewhere. You can find out more about which cookies we are using or turn them off in settings. Arch is a global leader in providing specialty insurance, reinsurance and mortgage insurance solutions for today's challenges and tomorrow's opportunities. Chairman and Chief Executive Officer Arch Worldwide Reinsurance Group Bermuda. Montreal, Canada Area Account executive or broker partner on largest Canadian clients including overall Aon relationship management for some. If you disable this cookie, we will not be able to save your preferences. See a Treaty Map HERE. Arch Re is a leading provider of property reinsurance solutions on a global scale. With our technical underwriting approach and focus on servicing our clients, the team has established many long-standing relationships. Arch Capital Group Ltd., a Bermuda-based company with approximately $13.10 billion in capital at March 31, 2020, provides insurance, reinsurance and mortgage insurance on a worldwide basis through its wholly owned subsidiaries. We have identified high potential, innovative growth opportunities with Arch. Arch Reinsurance Europe (dac), based in Dublin, Ireland, was formed in 2008. Maamoun Rajeh, Chairman and Chief Executive Officer of Arch Worldwide Reinsurance Group, said, “This acquisition supports our strategy of selectively pursuing diverse specialty markets where we can apply our knowledge and expertise. I Accept. This portfolio protection is typically provided on a per event basis and, additionally, our team has created solutions to help manage client accumulation issues. This transaction provides both Arch Re and PMAP increased distribution opportunities for life, accident and health products. Itasca, IL. Forward-looking statements, for purposes of the PSLRA or otherwise, can generally be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe” or “continue” and similar statements of a future or forward-looking nature or their negative or variations or similar terminology. Our Facultative Reinsurance division focuses on supplying significant capacity to the global reinsurance marketplace backed by creative solutions and superior client service. Cautionary Note Regarding Forward-looking Statements. Assumes a proportion of the client’s primary risks and can include catastrophe and non-catastrophe exposure. Arch Reinsurance (Arch Re), a completely owned subsidiary of Arch Capital Group, has signed an agreement in principle to acquire a majority stake in Precision Marketing Asia Pacific (PMAP). Team Member -Reinsurance Treaty. Learn more | View Privacy Policy The Reinsurance Placement Analyst will be responsible for assisting in all aspects of reinsurance placement and analysis based on the guidance of VP, Ceded Reinsurance. This means that every time you visit this website you will need to enable or disable cookies again. Arch Worldwide Reinsurance Group, a part of Arch Capital Group Ltd., provides reinsurance to its clients around the globe. You will assist in developing the underwriting … This role will report to the Head of Property Treaty. London, England. Coverage is provided for various exposures including the perils of fire, explosion, collapse and natural catastrophes. Ian Burford CEO Fidelis Underwriting Limited at Fidelis Insurance London. All statements other than statements of historical fact included in or incorporated by reference in this release are forward-looking statements. Arch Re Canada Jun 2017 - Present 3 ... Lead all aspects of Arch Re treaty operations in Canada Senior Vice President Aon Benfield Canada Sep 2001 - Jun 2017 15 years 10 months. Arch Re will pay to Flatiron Re a reinsurance premium in the amount of the ceded percentage of the original gross written premium on the business reinsured with Flatiron Re less a ceding commission, which includes a reimbursement of direct acquisition expenses as well as a commission to Arch Re for generating the business. Maharashtra. View source version on businesswire.com: https://www.businesswire.com/news/home/20200701005514/en/, Arch Capital Services Greg Hare 336 333 0416 ghare@archcapservices.com, Accept the use of cookies. Treaty reinsurance is insurance purchased by an insurance company from another insurer. The firm provides data-driven marketing and distribution solutions to banks, insurance companies, retail groups and affinity partners across the Asia-Pacific region. In return, we offer career opportunities in a variety of disciplines and at every level of expertise. There are several potential benefits to the ceding company for choosing to place a pro rata treaty, such as entrance to a new line of business, catastrophe protection, improving financial rating or replenishing surplus. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful. Forward−looking statements involve our current assessment of risks and uncertainties. Provides Retrocessional coverage for all types of underlying exposures and geographic zones, based principally on a physical trigger basis but also on an industry loss basis. Visit Arch Reinsurance. Please enable Strictly Necessary Cookies first so that we can save your preferences. Arch Re is a diversified reinsurer, with operations in most major global insurance centers. It offers … We have ambitious plans for PMAP and, with our support, we intend to significantly increase our combined footprint across the Asia-Pacific region.”, Keith Lowry, CEO of PMAP, added, “We have known the Arch team for some time and we are incredibly excited to join the company. It provides specialty risk solutions through treaty and facultative property and casualty reinsurance. We are using cookies to give you the best experience on our website. This coverage can take many different forms, from catastrophe event driven covers to conflagration only per risk aggregate treaties. Arch Worldwide Reinsurance Group, a part of Arch Capital Group Ltd., provides reinsurance to its clients around the globe. This form of excess of loss treaty can cover varied portfolios from personal lines to commercial property to energy exposures and is subject to a specified limit. We provide a sound, flexible market for “large lines” on selected property, casualty, specialty and multi-line reinsurance contracts. The capital support that Arch brings will facilitate the scalability of our business model. Arch employees live our Values of innovation, integrity, teamwork and making a difference. Illinois. William Soares. Arch Re Europe. These treaties can support a company’s desire for financial stability while focusing on reducing frequency and loss volatility. The Position: We are looking for an Underwriter to join us at Arch Re. All Rights Reserved. Careers at Arch Re Build your career with an industry leader and expand the possible for businesses and communities around the world. Attend international reinsurance conferences on a regular basis to widen the network. Property Treaty Arch Re is a leading provider of property reinsurance solutions on a global scale. With offices in North America, Bermuda, Europe and Australia, Arch Reinsurance offers specialty risk solutions through treaty and facultative property and casualty reinsurance with a disciplined underwriting approach. Our intention is to work with our existing business partners to drive long-term profitable growth. Our client-focused approach delivers a consistent structuring methodology to retain clients for the long term. Jonathan Swann Casualty Underwriter at CFC Underwriting Watford. Arch Reinsurance Ltd. was formed in 2001 and today boasts an experienced management team, industry-leading underwriting talent and substantial capacity. Job. William Soares Head of Specialty at Arch Reinsurance Ltd ... Special Risks and Engineering Treaty at Aspen Re London. Copyright © 2021 Business Wire India. What is a treaty Acknowledgement? 1997 – May 2012 15 years. By acquiring a majority stake, Arch is providing PMAP with corporate backing to continue its growth by expanding its Asia-Pacific presence. Arch Reinsurance Europe Underwriting Limited Dac (“Arch Re Europe”) was incorporated in Ireland (May 2008) to form the primary European-based platform for writing regional European and worldwide specialties business of the reinsurance group of Arch Capital Group Ltd. (“ACGL”). This release or any other written or oral statements made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward−looking statements, which reflect the ours current views with respect to future events and financial performance. Managing Director - Regional Treaty Arch Re. Provides coverage to a client’s subset of particular risks involving individual policies or locations issued from our insurance partners. Actual events and results may differ materially from those expressed or implied in these statements. Written on a treaty basis, coverage is triggered by losses that impact more than one risk or insured. We offer treaty and facultative property and casualty reinsurance on a worldwide basis. Our team is focused on what looks like a bright future.”. The portfolio includes a well-balanced range of clients from regional mutual companies to the world’s largest global insurers. Arch Reinsurance Company Apr 2014 - Present 6 years 10 months Head of US Property treaty underwriting in US operation, with oversight of Personal Auto and Regional Multi-line business All subsequent written and oral forward−looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. Easy Apply. You will provide support to Property Treaty in an efficient and professional manner and in accordance with the agreed procedures and service standards. Underwriting discipline and active capital management. https://www.businesswire.com/news/home/20200701005514/en/. Partner with us for Press release distribution and get best in class service, guaranteed postings on tier 1 media and maximum reach. The Arch Worldwide Reinsurance Group (Arch Re), part of Arch Capital Group Ltd., today announced that it has completed its previously announced acquisition of a Ian Burford. Before a meeting or gathering the emcee or chairperson can take two minutes at the beginning to recognize the treaty land that the meeting is held on, and if possible take time to name the Nations that this land is the traditional homeland of. Arch MI provides risk management, risk financing and capital optimizing … Our team works with brokers and clients to ensure we create a solution that adds value for both parties. With offices in North America, Bermuda, Europe and Australia, Arch Reinsurance offers specialty risk solutions through treaty and facultative property and casualty reinsurance with a disciplined underwriting approach. We offer a wide variety of products, including Property Catastrophe, Property Per Risk, Property Pro Rata (Quota Share), Property Aggregate and Retrocessional covers that are structured and tailored to each client’s specific needs. Coverage is provided on a worldwide, U.S. or international basis with the broker market being our primary distribution source. Lead for Aon Client Promise (Value to Clients) for Canada and Caribbean Co … PMAP is headquartered in Sydney, Australia with operations in Japan and Indonesia. Save. With offices in North America, Bermuda, Europe and Australia, Arch Reinsurance offers specialty risk solutions through treaty and facultative property and casualty reinsurance with a disciplined underwriting approach. Box 1988) Morristown, NJ 07962 Telephone: 973-889-6451 Email: wbernens@archreco.com Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Vice President SCOR. Arch Re writes airline, including aviation hull and third party liability on both an excess of loss and pro rata basis. The bedrock of our offerings remains specialty classes. As a Head of Treaty Underwriting Latin America and the Caribbean for Arch Reinsurance in Bermuda, he grew their treaty book from $6 million to $29 million. This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages. Matthew Dragonetti is Pres/Head:Bermuda Property at Arch Reinsurance Ltd. See Matthew Dragonetti's compensation, career history, education, & memberships. Join to Connect Arch Reinsurance Company ... Senior Underwriter - Treaty Casualty at Arch Reinsurance Company Jonathan Swann. Mortgage. The treaty also provides for a profit commission to Arch based on the … Arch Worldwide Reinsurance Group, a part of Arch Capital Group Ltd., provides reinsurance to its clients around the globe. Aditya Birla Group 4.1. Show more … Focused primarily on the natural perils of hurricane, windstorm, earthquake, flood, tornado/hail and wildfire, it may also provide coverage for man-made perils like terrorism. Terrorism is generally excluded from property reinsurance; however, we may, on a case-by-case basis, reinsure risks resulting from terrorism on an excess of loss basis or otherwise include terrorism risk in specific contracts. A non-exclusive list of the important factors that could cause actual results to differ materially from those in such forward-looking statements includes the following: adverse general economic and market conditions; increased competition; pricing and policy term trends; fluctuations in the actions of rating agencies and our ability to maintain and improve our ratings; investment performance; the loss of key personnel; the adequacy of our loss reserves, severity and/or frequency of losses, greater than expected loss ratios and adverse development on claim and/or claim expense liabilities; greater frequency or severity of unpredictable natural and man-made catastrophic events; the effect of contagious diseases (including COVID-19); the impact of acts of terrorism and acts of war; changes in regulations and/or tax laws in the United States or elsewhere; our ability to successfully integrate, establish and maintain operating procedures as well as integrate the businesses we have acquired or may acquire into the existing operations; changes in accounting principles or policies; material differences between actual and expected assessments for guaranty funds and mandatory pooling arrangements; availability and cost to us of reinsurance to manage our gross and net exposures; the failure of others to meet their obligations to us; changes in the method for determining the London Inter-bank Offered Rate (“LIBOR”) and the potential replacement of LIBOR and other factors identified in our filings with the U.S. Securities and Exchange Commission.
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