Yves Charbonneau has joined Vantage as chief risk officer from fellow Bermudian re/insurer Arch Capital.

Mr Charbonneau, who will serve as a member of the Vantage leadership team, brings nearly three decades of actuarial and enterprise risk leadership across the insurance and reinsurance industries.

Most recently, he headed the actuarial function at Arch Insurance Company in Canada. There, he established a portfolio management culture and transformed enterprise data analytics and strategy to deliver profitable growth and strong underwriting discipline, Vantage said in a statement.

Concurrently, he provided board-level governance and risk oversight as a director and audit committee member of Coface SA. Previously, he spent more than 15 years at Arch Reinsurance in Bermuda, in roles including chief risk officer, chief actuary, and head of actuarial function for Arch Re Europe.

He is a Fellow of both the Casualty Actuarial Society and the Canadian Institute of Actuaries.

His appointment comes as Vantage seeks to accelerate its growth following its acquisition by Howard Hughes Holdings, in June this year. Mr Charbonneau succeeds Krista Robinson, who is departing the company to pursue a new opportunity.

“Yves’s track record, from building enterprise risk frameworks in Bermuda to leading capital and reserving discipline across multiple platforms, reflects the exact rigour we need at the centre of Vantage's risk function as we continue our momentum under Howard Hughes Holdings,” said Marc Grandisson, executive chairman of Vantage.

“Vantage has built a dynamic, highly differentiated platform across the North American and Bermuda re/insurance markets,” said Mr Charbonneau. “I look forward to partnering with the leadership team to advance our disciplined expansion and drive sustainable, profitable performance across the portfolio.”