Reinsurance News

Bay Harbor Re

Bay Harbor Re welcomes José Olivares as Sr. Treaty Underwriter

14th May 2025

Bay Harbor Re, a provider of reinsurance solutions for the US property and casualty market, has announced the appointment of José Olivares as Sr. Treaty Underwriter, effective June 30, 2025. Olivares brings 15 years of insurance and reinsurance experience to his new role, gained from positions at Everest Re, Swiss Re ... Read the full article

Bay Harbor Re appoints Steven Green VP of Performance Management & Accounting

12th March 2025

Bay Harbor Re, a provider of reinsurance solutions for the US property and casualty market, has announced the appointment of Steven Green as Vice President of Performance Management & Accounting. Green is joining the company following eight years with Emergent Holdings, where he most recently served alongside the Manager, Financial Performance ... Read the full article

Bay Harbor established $50mn letter of credit facility with Barclays

13th December 2024

Bay Harbor Reinsurance Company, a provider of reinsurance solutions for the US Property and Casualty market, has established a new $50 million letter of credit facility with Barclays Bank PLC. The agreement includes provisions that could potentially increase the facility to $150 million. This new facility underscores Bay Harbor's strong position in ... Read the full article

Bay Harbor Re expands letter of credit facility to $150m

6th November 2024

Bay Harbor Reinsurance Company, a reinsurer focused on the US Property and Casualty program marketplace, has announced the expansion of its letter of credit facility to $150 million with Comerica Bank. This increase highlights the company's financial stability and ongoing commitment to providing long-lasting, bespoke solutions that cater to the unique ... Read the full article

Bay Harbor Re appoints QBE Re’s Mark LaManna as SVP of Casualty Underwriting

2nd August 2024

Cayman Islands-domiciled reinsurer Bay Harbor Re has recently announced the appointment of Mark LaManna as Senior Vice President (SVP) of Casualty Underwriting. LaManna brings 35 years of industry experience to his new role, with expertise in casualty primary insurance underwriting, specialty program management, and property and casualty treaty reinsurance underwriting. He joins ... Read the full article

Bay Harbor Re appoints Nick Zielinski as new Chief Actuary

20th October 2023

Cayman Islands-domiciled Bay Harbor Re has appointed Nick Zielinski as its new Chief Actuary. According to the firm, Zielinski holds a comprehensive background in both commercial and personal lines insurance and reinsurance, with broad experience in program business, captives, and catastrophe reinsurance. His most recent role saw him oversee Accident Fund's Actuarial ... Read the full article

Bay Harbor Re names Chris O’Connor as COO/CFO

27th April 2023

Recently launched Cayman Islands-domiciled reinsurer Bay Harbor Re has appointed Chris O'Connor as Chief Operations Officer and Chief Financial Officer. O'Connor is a seasoned executive who holds over thirty years of industry experience. He most recently served as Area Senior Vice President at global re/insurance firm Arthur J Gallagher. Before this, O'Connor spent ... Read the full article