Hamilton Insurance Group has appointed Nikhil Barvé as head of outwards reinsurance and underwriting supervision within the firm’s Lloyd’s operations.
Barvé, who assumed his new position at the end of August, reports to Hamilton Underwriting CEO Dermot O'Donohoe and active underwriter and head of treaty Trevor Carvey.
Barvé joins the company from Markel International where he most recently served as underwriting manager, wholesale. His responsibilities included the development and oversight of overseas platforms.
He brings more than 30 years’ reinsurance experience to his new role, having most recently served as wholesale underwriting manager at Markel International where he was responsible for the development and oversight of overseas platforms.
During his long-spanning career, Barvé has served as treaty underwriter at International General Insurance Company where he focussed on the creation of a London subsidiary, IGI UK. From 2002 to 2007, he was based in Bermuda combining underwriting treaty business and outwards reinsurance placement and was also responsible for run-off management. Prior to Bermuda, Mr. Barvé was active in treaty reinsurance underwriting and ceded reinsurance in the Lloyd’s marketplace.
Commenting on the appointment, O’Donohoe said: “[Nikhil] has in-depth knowledge of the Lloyd’s and European markets and will play a leading role in our outwards reinsurance strategy, working closely with our underwriting and risk departments to develop controls around the business as we grow.”