Reinsurance News

Canopius hires SCOR’s Marco Silva as Senior Property Treaty Underwriter

8th November 2018 - Author: Matt Sheehan -

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Global specialty lines re/insurer Canopius has announced the appointment of Marco Silva as Senior Underwriter, Property Treaty Reinsurance in London.

canopius-logoSilva joins Canopius from SCOR, where he most recently served as a Senior Property Underwriter in the treaty team based in London.

He has 25 years’ industry experience and has held various underwriting positions over his career, working across the UK, Bermuda and Europe.

Silva began his career managing the property excess of loss team at Everest Re, before joining French-backed ILS hedge fund  Pentelia Capital Management (PCM) in Bermuda, where he managed an inwards retrocession portfolio and was later responsible for buying and selling catastrophe bonds.

He first joined SCOR in 2011 and served as Deputy Manager of the group’s total non-life retrocession purchases before moving to the London treaty team in 2017.

“We are delighted to welcome someone of Marco’s talent and diverse experience to our Property Treaty Reinsurance team,” said Jamie Wakeling, Chief Underwriting Officer, Reinsurance at Canopius.

“We are always looking to attract high calibre individuals to our already successful Treaty business and Marco will enhance our client and broker offering,” Wakeling continued. “Our people are the key differentiator in a crowded market and Marco will help drive our business forward.”