Hamilton Re names new chief monetary officer

Hamilton Insurance coverage Group has introduced the appointment of Athena Tolosa (pictured above) as the brand new chief monetary officer of Hamilton Re, the corporate’s Bermuda-based insurance coverage and reinsurance underwriting division.

On this new function, Tolosa takes over from Chad Cundliffe, who has retired and plans to return to Canada along with his household.

She has over 18 years of expertise within the re/insurance coverage sector previous to her new function. Most lately, Tolosa served as senior vice chairman, head of finance – reinsurance at RenaissanceRe, the place she spent 5 years in senior positions.

Previous to her tenure at RenaissanceRe, she was at Tokio Millennium Re (now a part of RenaissanceRe) for 11 years, holding numerous senior finance roles in Bermuda and Switzerland, together with her closing place being vice chairman, finance. Earlier in her profession, she labored at EY in Bermuda and PwC within the Philippines. Tolosa can also be a Licensed Public Accountant.

Tolosa, who shall be primarily based in Bermuda, will report on to Hamilton Re chief government officer Megan Thomas and group chief accounting officer Brian Deegan.

“Athena’s appointment is a wonderful addition to Hamilton and I look ahead to working intently together with her. She has an achieved monetary background with a powerful monitor document within the business. Her expertise and counsel will assist to make sure our finance group pursues its key priorities in help of Hamilton Re’s continued success,” Thomas mentioned.

“I’m happy to welcome somebody of Athena’s caliber to the Hamilton group. She is going to play a key function within the management of our world finance group,” Deegan mentioned.

Close to her processor, Thomas additionally expressed appreciation for the exiting Cundliffe’s contributions to the corporate.

“We’re grateful for Chad’s contributions throughout his over 9 years with Hamilton. We respect his determination to maneuver house to Canada along with his household and want him all one of the best,” Thomas mentioned.

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