Hudson Structured Capital Management Ltd., the insurance-linked securities (ILS), reinsurance and transportation focused investment manager, has named Rachel Bardon as Partner and Chief Actuary of HSCM Bermuda.
The investment manager conducts its insurance and reinsurance business as HSCM Bermuda, and original member of the team, Bardon joined HSCM Bermuda in 2016 as a Managing Director.
For the past three years, she has led HSCM Bermuda’s efforts in Casualty investing, most notably in run-off, but also within its firm-wide portfolio modelling efforts.
Commenting on her new role, Bardon said: “I’ve enjoyed the collaborative and innovative atmosphere at HSCM over the last three years and look forward to many more years with this dynamic team as we continue to grow and evolve.”
Prior to HSCM Bermuda, Bardon was Head of MRe Actuarial & Head of MRH Capital Modeling at Montpelier Re. During her time with Montpelier Re, she built and oversaw a Solvency II compliant capital model across the group and managed the treaty reinsurance actuarial pricing support for the Bermuda office.
Prior to Montpelier Re, Bardon spent five years with Liberty Mutual in their regional agency markets for Colorado Casualty and Golden Eagle.
As Partner and Chief Actuary, Bardon will lead the firm’s team of six actuaries that cover both the casualty and life disciplines and that hold credentials in numerous countries.
Michael Millette, Managing Partner of HSCM, said: “Rachel has led our investing in the runoff space, worked on deals across the whole reinsurance spectrum and built both our portfolio analytics and actuarial program. She already serves on our Investment and Valuation committees and we are excited that she is now joining our partnership.”