Reinsurance News

Liberty Specialty Markets

Liberty Special Markets appoints new head of aviation claims

4th May 2022

Liberty Specialty Markets (LSM) has a new head of aviation claims in Peng Lim. Lim is currently international law firm Kennedys’ Singapore-based global head of aviation, but will relocate to London reporting to Mike Gillett, chief claims officer at LSM. She takes up her new role in November. Chief among Lim’s responsibilities ... Read the full article

LSM appoints new claims manager for open market specialty

24th March 2022

Liberty Specialty Markets (LSM) has appointed Sarah Howell to the newly created role of claims manager – open market specialty. Howell is responsible for managing the marine, aviation, energy, property, and construction claims team, and reports to Gavin Coley, head of specialty claims. She takes up the role with immediate effect ... Read the full article

Liberty Specialty Markets reports fall in pre-tax operating income

16th March 2022

Liberty Specialty Markets is reporting that Syndicate 4472 saw its pre-tax operating income fall from £157.1m in 2020 to £89.7m in 2021. No reason was given for the fall, but the Syndicate still achieved a combined operating ratio of 89.4% compared with 98.5% in 2020. Gross written premium was £1.42bn, up ... Read the full article

Liberty Specialty Markets launches personalised flood warning initiative

22nd February 2022

Liberty Specialty Markets (LSM) has launched an initiative to help commercial clients understand the real-time danger and impact and flooding. The scheme will see flood-affected commercial clients receive personalised warnings and graphical representations of water levels in their immediate area, allowing them to take action to protect their premises from flood ... Read the full article

LSM names Paul Beattie as Global Head of War and Terrorism

9th February 2022

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Paul Beattie as Global Head of War and Terrorism within its London Specialty Business. Beattie is based in London and takes up the role with immediate effect, whilst continuing with his existing role, Head of Underwriting, Marine Niche Products. This ... Read the full article

Liberty Specialty makes promotions within FRS division

7th February 2022

Liberty Specialty Markets (LSM) has promoted two members of its Financial Risk Solutions (FRS) division while expanding its Political Risk team. The company announced that Huw Owen will become FRS chief underwriting officer, with his current role of head of underwriting and London markets being taken up by Sam Wilde. Peter Sprent, ... Read the full article

Liberty Specialty adds AXA XL’s Michael Harth to lead German team

21st September 2021

Liberty Specialty Markets (LSM) has announced the appointment of Michael Harth, who will be joining the company in January as Country Manager for Germany. Harth reports to Kadidja Sinz, Head of Central Region and will be based in Cologne. He will be responsible for leading the German team and delivering strategy and ... Read the full article

WTW and LSM align capacity to support Climate Transition Pathway

3rd September 2021

Willis Towers Watson has announced that Liberty Specialty Markets has aligned capacity to support the Climate Transition Pathway (CTP) solution. The CTP is an accreditation framework that provides insurance companies and financial institutions with a consistent approach to identifying businesses with robust low carbon transition plans aligned to the Paris Agreement. This ... Read the full article

LSM names Denise Delaney as Head of Responsible Business

4th August 2021

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Denise Delaney as Head of Responsible Business. Delaney is based in London reporting to LSM’s Group General Counsel, Nigel Davenport and the global LSM Executive. In her new role, she will develop LSM’s responsible business strategy and deliver its business ... Read the full article

LSM promotes Jennifer Quinn to Strategic Assets Underwriting Manager

21st June 2021

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has promoted Jennifer Quinn to Underwriting Manager Strategic Assets, London. Quinn will report to Terry FitzGerald, Head of FinPro Lines and have oversight of the London Strategic Assets book of business, which covers Cyber, Intellectual Property, and Property GAP coverage. She is responsible ... Read the full article

Liberty Specialty adds François Barriol as senior terrorism underwriter

14th June 2021

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has announced the appointment of François Barriol as Senior Underwriter Terrorism and Political Violence for France. Prior to joining Liberty, Barriol launched the political violence and terrorism underwriting lines for Hiscox in France and French-speaking Africa before joining the Crisis Management ... Read the full article

Nicholas Garside named CUO at LSM Bermuda

9th June 2021

Liberty Specialty Markets Bermuda (LSM Bermuda), part of Liberty Mutual Insurance, has appointed Nicholas Garside to the position of Chief Underwriting Officer (CUO). In this newly created role, he will report to LSM Bermuda President Steve Horton. Garside – who previously led LSM Bermuda’s property unit – will provide strategic direction and ... Read the full article

LSM hires Ulf Knöpnadel as Senior Underwriter, Europe

4th June 2021

Liberty Specialty Markets, a division of Liberty Mutual Insurance Group, has appointed Ulf Knöpnadel as Senior Underwriter, Professional Indemnity (PI) for Europe. Knöpnadel will continue to be based in Munich, and joins from AIG, where he was Senior Underwriter, PI. Prior to AIG, Knöpnadel worked for Markel International as Underwriting Manager, and ... Read the full article

Liberty Specialty hires Christoph Paeßens as PI Manager for Germany

18th May 2021

Liberty Specialty Markets, part of Liberty Mutual Insurance Group, has named Christoph Paeßens, formerly of AXA XL Germany, as Professional Indemnity (PI) Underwriting Manager for Germany, effective immediately. In his new role, Paeßens will be based in Cologne, Germany, reporting to Interim Country Manager Angelika Gasser, and Head of PI for ... Read the full article

Liberty Specialty names Jane Warren as Active Underwriter

14th April 2021

Liberty Specialty Markets (LSM), part of Liberty Mutual Insurance Group, has appointed Jane Warren as Active Underwriter, effective immediately. Based in London, Warren reports to Phil Hobbs, Deputy Managing Director and Chief Underwriting Officer (CUO) for LSM. She brings over 20 years’ experience in the insurance industry, joining Liberty in 2019 from ... Read the full article