SiriusPoint, the international specialty re/insurer recently formed via the merger of Sirius Group and Third Point Re, has appointed Larry Hallett as Senior Vice President (SVP) of Casualty Underwriting.
Hallet will report to Warren Trace, Head of US and Canada, Americas Reinsurance with a focus on casualty underwriting, including traditional and structured reinsurance, and on strategic initiatives involving casualty insurance.
In his new role, he will be based in the New York area.
He holds 40 years’ experience in casualty treaty reinsurance, alternative risk management, captives, runoff and fronting arrangements.
Hallet joins the company from RFIB Americas where he oversaw business development and servicing intermediary operations for the North American operations of the brokerage.
Prior to RFIB, Hallett was Managing Director of 2 Wings Risk Services, where he was a reinsurance consultant and intermediary specialising in alternative risk entities.
His career started at the Constitution Reinsurance Corporation in New York, before joining Western Atlantic Reinsurance Corp and subsequently, Swiss Re.
In 2000, he assumed a leadership role at XL Financial Solutions in Stamford as Senior Managing Director for the structured indemnity team.
David Govrin, Global Chief Underwriting Officer (CUO) and President, Americas Reinsurance, commented: “We are delighted that Larry is joining SiriusPoint. He is widely respected in the property casualty reinsurance industry, building, executing, and managing portfolios of insurance risk.
“His experience will be a valuable asset as we continue to respond to our client and industry needs with creative and innovative solutions, building our profile as SiriusPoint.”