Reinsurance News

Carrick Group Limited

Carrick Group appoints Matt Brand as Head of Governance

17th March 2026

Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has appointed Matt Brand as Head of Governance. Brand joins from Hampden Group, where he spent a decade, most recently serving as Group Head of Operations. In his new role, he reports to Chief Executive Officer Tom Nichols and is tasked with ... Read the full article

Carrick Group appoints Smith and Mills to key roles in London and Bermuda

7th January 2026

Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointments of Alex Smith as Senior Vice President, Operations, in London, and Aidan Mills as Vice President of M&A, in Bermuda. Smith brings more than 25 years of industry experience. He joins Carrick Group from PoloWorks, where he held ... Read the full article

Carrick Re completes LPT deal with National Casualty and Nationwide UK branches

7th August 2025

Carrick Group's Bermuda class 3A reinsurer, Carrick Re Ltd., has entered into a loss portfolio transfer (LPT) with National Casualty Company of America, Limited, National Casualty Company, UK Branch, and Nationwide General Insurance Company, UK Branch, ahead of a proposed Part VII transfer. According to Carrick Group, which is a Bermuda-based ... Read the full article

Carrick Holdings welcomes Armin De Weerdt as AVP, Finance

3rd July 2025

Carrick Group Limited, a Bermuda-based international non-life legacy insurer, has announced the appointment of Armin De Weerdt as Assistant Vice President (AVP), Finance. De Weerdt is joining Carrick from Pillar Capital Management Limited, a Bermuda-based specialist in collateralized reinsurance and insurance-linked securities (ILS) investment manager. Most recently, he served as Assistant Manager ... Read the full article

Carrick Group to acquire Bristol-Myers Squibb’s Irish captive insurers

19th September 2024

Carrick Group Limited, a Bermuda-based international non-life legacy insurer specialising in reinsurance and run-off solutions, announced that its subsidiary, Carrick UK Holdings Company Limited, has reached an agreement with Bristol-Myers Squibb Company. Under this agreement, Carrick will acquire Bristol-Myers Squibb's two Irish captive insurers, BMS International Insurance DAC and Seamair Insurance ... Read the full article

Carrick Group enters loss portfolio transfer with IRB(Re)

17th January 2024

Bermuda-based international non-life legacy insurance firm Carrick Group Limited has announced that Carrick Re Limited, a Bermuda class 3A reinsurer, has entered into a loss portfolio transfer (LPT) with IRB(Re), on behalf of its UK Branch, ahead of a Part VII transfer. Carrick UK Services Limited is set to assume the ... Read the full article