Andy Richardson, currently Head of Property Treaty at Lancashire Insurance Company Limited, has been announced as a Portfolio Manager at Aeolus Capital Management Ltd.
Richardson will assume his new role following Bermuda immigration approval and after fulfilling his obligations with Lancashire.
Before joining Lancashire, he served as a broker at reinsurance brokerage Guy Carpenter, where he worked in the UK, Japan, China, and New York.
Andrew Bernstein, Chief Executive Officer (CEO) and Managing Partner at Aeolus, commented: “We are excited to have Andy join the team at Aeolus.
“He brings a unique and complementary skillset to our portfolio management team and further enhances our capabilities to provide best-in-class service to our reinsurance trading partners.”
Back in December, Aeolus Capital Management, alongside Ariel Re and Fortitude Re were announced as new members of the Association of Bermuda Insurers and Reinsurers (ABIR) for 2021.
Prior to this, Aeolus announced the appointment of Nicholas Jagoda, formerly of Elementum Advisors, as a Partner and Portfolio Manager.