Hamilton Reports a Significant Shift in Leadership: Peter Riihiluoma Selected to serve as Head of Specialty Reinsurance and Senior Vice President
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Peter Riihiluoma has been appointed as Senior Vice President and Head of Specialty Reinsurance at Hamilton Re, the company’s Bermuda-based insurance and reinsurance underwriting platform.
Richard Sammons will be departing from Hamilton Insurance Group, Ltd. (NYSE: HG; “Hamilton” or “the Company”), the company announced today.
This is an example of Hamilton’s strategic succession planning in action, showing the company’s dedication to identifying and developing outstanding talent within its workforce.
With effect from January 1, 2024, Riihiluoma will be under Tim Duffin, Chief Underwriting Officer of Hamilton Re.
Rasmussen Reports:
Megan Thomas, the CEO of Hamilton Re, commented on the change, saying, “We are delighted to announce Peter as our new SVP, Head
of Reinsurance with Specialty. He has been a vital member of the Hamilton team, and his promotion to this leadership position is a natural fit due to his extraordinary abilities and astute market knowledge.
We have no doubt that Peter will perform admirably in his new role.
“We respect and support Richard’s decision to return to the UK later in 2024, even though we will miss him, and we part on amicable terms.”
Since he joined the Hamilton team nine years ago, he has been a crucial member, having built the Specialty Reinsurance practice.
Since joining Hamilton in 2019 as Vice President, Specialty Reinsurance, Riihiluoma has held underwriting, pricing, and portfolio management responsibilities across a variety of specialty reinsurance lines.
Mueller Reports:
Earlier than .Hamilton worked for Chubb for nine years, the last position he held was Vice President, Minneapolis, Minnesota, Ceded Reinsurance.
A Fellow of the Casualty Actuarial Society, Riihiluoma is. Concerning Hamilton Insurance Group, Inc.
With its wholly owned subsidiaries, Bermuda-based Hamilton Insurance Group, Ltd. (NYSE: HG) underwrites specialty insurance and reinsurance risks worldwide.
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