Specialist global insurer Hiscox has appointed Minesh Shah as its new director of underwriting risk for Hiscox Re & ILS.
Shah, a qualified actuary with over 25 years of experience in property and casualty reinsurance across Bermuda and London, will be responsible for driving optimisation across Hiscox Re & ILS’ reinsurance portfolio and those for third-party capital.
Based in Bermuda, he will become a member of the Hiscox Re & ILS executive team and report to Kathleen Reardon, CEO of Hiscox Re & ILS.
Shah's vast industry experience includes senior roles in underwriting risk in Bermuda and London with Platinum Underwriters, Renaissance Re, and XL Catlin. He is currently chief actuary and chief risk officer at Hamilton Re, where he is responsible for all aspects of reserving pricing, and capital modelling.
Reardon was excited to welcome Shah to the team and was confident that his expertise would be a valuable asset in this hard market. “I am delighted to have Minesh join Hiscox Re & ILS,” she said. “As we look to seize the opportunities in this hard market, Minesh’s extensive experience in reinsurance pricing, reserving and risk management will complement our existing risk team.”
Shah was equally excited about the opportunity to join Hiscox, a brand he has long admired for excellence in underwriting and risk management, he claimed. “I am thrilled to be joining Hiscox, and I am looking forward to leading the talented team of risk professionals in Hiscox Re & ILS,” he said.
