Business
New property treaty reinsurance underwriter at ...
New property treaty reinsurance underwriter at ....
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \nLANCASHIRE HOLDINGS LIMITED\n\n15 June 2016\n\nLondon, UK\n\nLancashire Holdings Limited announces new property treaty reinsurance underwriter at Cathedral\n\nLancashire Holdings Limited (“Lancashireâ€) has today announced that Jon Barnes will be joining Cathedral Underwriting Limited (“Cathedralâ€) to lead the underwriting of property treaty reinsurance business for Syndicate 2010. Jon Barnes has over 25 years of experience in the Lloyd's market, most recently as deputy active underwriter at Syndicate 2121 where he has been an underwriter since its foundation in 1999. Jon will also lead on reinsurance structuring and purchasing for Syndicates 2010 and 3010 and assist with reinsurance coverage for the wider Lancashire group.\n\nRichard Williams, the Active Underwriter for Cathedral Syndicates 2010 and 3010 said:\n\n“Jon’s broad market experience and in particular his knowledge of property lines will strengthen our reinsurance offering. Jon will also make an important contribution to the structuring of our Lloyd’s and Group outwards reinsurance programmes. I very much look forward to welcoming Jon to Cathedral and the Lancashire Group.â€\n\nFor further information, please contact:\n\n\n\nLancashire Holdings LimitedChristopher Head\n+44 20 7264 [email protected]\n\n\n\nJonny Creagh-Coen\n+44 20 7264 [email protected]\n\n\n\n\n\n\n\n\nHaggie Partners\n+44 20 7562 4444\n\n\n\nDavid Haggie\n(David Haggie mobile +44 7768332486)\n\n\n\nAbout Lancashire\n\nLancashire, through its UK and Bermuda-based operating subsidiaries, is a global provider of specialty insurance and reinsurance products. The Group companies carry the following ratings:\n\n\n\n\nFinancial Strength Rating (1)\nFinancial Strength Outlook(1)\nLong Term Issuer Rating (2)\n\n\n\n\nA.M. Best\nA (Excellent)\nStable\nbbb \n\n\n\n\nStandard & Poor’s\nA-\nStable\nBBB\n\n\n\n\nMoody’s\nA3\nStable\nBaa2\n\n\n\n\n(1)Financial Strength Rating and Financial Strength Outlook apply to Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited.\n\n(2) Long Term Issuer Rating applies to Lancashire Holdings Limited.\n\nCathedral benefits from Lloyd’s ratings: A.M. Best: A (Excellent); Standard & Poor’s: A+ (Strong); and Fitch: AA- (Very Strong).\n\nLancashire has capital in excess...