Reinsurance News

Fidelis

Charles Mathias appointed to Fidelis Board

14th August 2017

Fidelis Insurance has announced that Charles Mathias, Group Chief Risk Officer (CRO), has been appointed to the Fidelis Board, replacing Neil McConachie. McConachie resigned as Chief Financial Officer (CFO) and Director earlier in 2017, but retains a consulting relationship with the firm until the end of 2017. Mathias joined Fidelis in 2016 from ... Read the full article

Fidelis promotes Ian Turner to Group Chief Actuary

5th July 2017

Specialty insurance and reinsurance provider Fidelis Insurance has promoted Ian Turner to the role of Group Chief Actuary, subject to all necessary approvals. Turner joined Fidelis as Head of Capital Modelling in 2016. He will take up the new actuarial role with immediate effect and will report to Hinal Patel, Group ... Read the full article

Novae & Fidelis announce quota share agreement

29th March 2017

Lloyd’s specialist insurer, Novae Group, announced that it has entered into a quota share reinsurance agreement with Fidelis Insurance Bermuda Limited (FIBL) to cover Syndicate 2007’s US Property Catastrophe Treaty excess of loss portfolio for 2017. Robert Forster, Chief Underwriting Officer at Novae, said; “I am pleased to announce this strategic ... Read the full article

Fidelis names Hinal Patel as CFO to succeed McConachie

6th March 2017

Fidelis Insurance, the total-return style insurance and reinsurance start-up launched by ex-Lancashire executives Richard Brindle and Neil McConachie, has announced that Hinal Patel will succeed McConachie in the role of Chief Financial Officer. McConachie was announced as stepping down from the Chief Financial Officer role for personal reasons back in ... Read the full article

McConachie steps down from CFO role at Fidelis Insurance

13th January 2017

Fidelis Insurance, the total-return style insurance and reinsurance start-up launched by ex-Lancashire executives Richard Brindle and Neil McConachie has lost one of its founders, as McConachie has been announced as stepping down from the Chief Financial Officer role. McConachie, who partnered with Richard Brindle to launch Fidelis in 2015, is leaving ... Read the full article