Wind engineer Peter Skerlj has been promoted to chief risk officer of Hamilton Re, the latest senior management appointment at the new company run by industry veteran Brian Duperreault.

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.

Before that he worked 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.

“I’m delighted to announce Pete’s well-deserved promotion to this critical role in our company,” said CEO Mr 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 characterises 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.”

Mr Skerlj said: “I enjoy being a part of the young and dynamic team at Hamilton Re. 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.

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 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.