Montpelier announces Bermuda appointments

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Montpelier Reinsurance has announced several new appointments to its Bermuda property treaty operation.

The Bermuda-based reinsurer has appointed Paul Hopwood, the former head of US property treaty as head of global property treaty, reporting to Christopher Schaper, president of MontpelierRe.

In his new role, Mr Hopwood will continue to be responsible for US property catastrophe treaty underwriting and will also now oversee the international property catastrophe treaty and property specialty treaty underwriting teams for Montpelier Bermuda.

“We have organised the Bermuda property treaty operation into three units to enhance our underwriting capabilities and facilitate our business writings with our clients and brokers,” Mr Shaper said.

“Paul has been with Montpelier Re for ten years and has very effectively led the US property treaty operation for the past four. I am very confident he will continue to provide exceptional leadership in his new role.”

The company also announced that Dan Kinnier, the company’s current head of international property catastrophe treaty, has assumed the additional responsibility of deputy head of global property treaty and Bin Bai has been appointed to lead the property specialty treaty business.

Both positions report to Mr Hopwood and are subject to approval by the Department of Immigration.

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