Ariel Re has appointed Tim Shreeve (pictured) as chief commercial officer, effective 16 June 2026. Shreeve, who is based in Bermuda, will focus on identifying and advancing growth opportunities across the business.
In the role, he will work with clients, brokers and colleagues to evaluate emerging opportunities. He will also assess their strategic and commercial potential and support the development of new initiatives.
Shreeve joined Ariel Re in 2021 as head of platform development. His promotion to CCO follows five years of involvement in the firm’s strategic development.
The appointment follows a pattern of internal progression at Ariel Re. In March 2026, the firm promoted staff across actuarial, analytics, finance, operations and underwriting roles in both Bermuda and London.
Chief executive Ryan Mather has described Ariel Re as an “academy” business, with internal development forming a central part of its talent strategy. Mather added that Shreeve’s promotion reflects his contribution since joining the firm.
“Tim has made a significant contribution to Ariel Re’s success since joining the business,” Mather said. “His promotion reflects his leadership, commercial insight and the value he brings to the organisation.”
Mather said the appointment supports the firm’s stated growth ambitions. “We look forward to his continued impact as we pursue our strategic growth ambitions to be the Premier Manager of Reinsurance Risk,” he said.
Shreeve takes on the role as Ariel Re operates across an expanded Lloyd’s structure. Lloyd’s approved Syndicate 2006 in late 2025 to write a diversified book spanning specialty, marine, cyber and clean energy lines.
Syndicate 1910 now focuses exclusively on property catastrophe reinsurance. The firm expects Syndicate 2006 to be accretive in 2026 and to grow further in 2027 and beyond.
The scale of the commercial opportunity is significant. Syndicate 1910 posted gross written premium of £1.069 billion in 2024. Mather has indicated group-wide premium could reach $1.5 billion. The syndicate accounts noted that expected returns for 2025 are envisioned to continue above the long-term average.
Ariel Re operates through its Lloyd’s platforms with offices in Bermuda, London and Hong Kong. The firm was founded in December 2005 and was acquired in November 2020 by Pelican Ventures and JC Flowers.
