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PEMBROKE, Bermuda – (BUSINESS WIRE) – Arch Reinsurance Ltd. (ARL) today announced the appointment of Vanessa Hardy Pickering as Chief Financial Officer, effective September 1, 2021. Hardy Pickering will report to Jerome Halgan, Managing Director of ARL.
Hardy Pickering is an established (re) insurance executive with experience supporting strategic growth plans, building and leading strong teams and as a trusted business partner for a variety of stakeholders. Most recently, she was CFO of Hamilton Re, Ltd. and Group Treasurer for Hamilton Insurance Group, Ltd. She also held financial management positions at Ariel Re and Rosemont Reinsurance Ltd.
“Vanessa is highly regarded in the reinsurance community because of her in-depth knowledge and ability to navigate our complex and rapidly changing industry,” said Halgan. “Arch Reinsurance Ltd. has experienced tremendous growth in recent years as the market improves and will benefit greatly from Vanessa’s knowledge of the Bermuda market and her experience of the opportunities and challenges of global reinsurance companies.
Hardy Pickering added, “ARL is one of Bermuda’s strongest franchises and has a very thoughtful strategic plan in place. I look forward to using my experience and expertise to help the team achieve their goals.
About Arch Reinsurance Ltd.
Arch Reinsurance Ltd., part of Arch Capital Group Ltd., is a world leader in the specialty property and casualty reinsurance market. With an experienced management team, leading underwriting talents and substantial capacity, Arch Reinsurance Ltd. offers a solid and flexible market for the main lines on certain non-life, specialized and multi-line reinsurance contracts. Arch Reinsurance Ltd. employs underwriting experts, competent claims management and exceptional service to expand the possibilities of its customers around the world.
About Arch Capital Group Ltd.
Arch Capital Group Ltd., a Bermuda-listed and exempt company with approximately $ 15.8 billion in capital as of March 31, 2021, provides insurance, reinsurance and mortgage insurance globally through the through its wholly-owned subsidiaries.
Caution Regarding Forward-Looking Statements
The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. This press release or any other written or oral statement made by or on behalf of Arch Capital Group Ltd. and its subsidiaries may include forward-looking statements, which reflect our current views regarding future events and financial performance. All statements other than statements of historical fact included or incorporated by reference in this press release are forward-looking statements.
Forward-looking statements can generally be identified by the use of forward-looking terms such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe” or “continue” or their negative or variations or similar terminology. Forward-looking statements involve our current assessment of risks and uncertainties. Actual events and results may differ materially from those expressed or implied in such statements. A non-exclusive list of important factors that could cause actual results to differ materially from those shown in these forward-looking statements include the following: adverse general economic and market conditions; increased competition; price trends and policy terms; fluctuations in the actions of rating agencies and the Company’s ability to maintain and improve its ratings; return on investments; loss of key personnel; the adequacy of the Company’s claims reserves, the severity and / or frequency of claims, claim ratios higher than expected and an unfavorable change in claim liabilities and / or claim costs; greater frequency or severity of unforeseeable natural and man-made catastrophic events, including pandemics such as 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; the Company’s ability to successfully integrate, establish and maintain operating procedures as well as to integrate businesses that the Company has acquired or may acquire into existing operations; changes in accounting principles or policies; significant differences between actual and expected valuations for guarantee funds and mandatory pool agreements; the availability and cost to the Reinsurance Company to manage the Company’s gross and net exposures; non-compliance by third parties with their obligations towards the Company; changes in the method of determining the London Interbank Offered Rate (“LIBOR”) and the potential replacement of LIBOR and other factors identified in documents filed by the Company with the Securities and Exchange Commission (“SEC”) of United States.
The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with other caveats which are included in this document or elsewhere. All subsequent written and oral forward-looking statements attributable to us or to persons acting on our behalf are expressly qualified in their entirety by these cautionary statements. The Company assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
Source: Arch Reinsurance Ltd.
Tag: arch reinsurance
Arch Capital Services LLC
Greg Lièvre 678 462 8647
Source: Arch Capital Group Ltd.