Brit Re, the British reinsurance group, has announced the appointment of James Winn as its Chief Underwriting Officer (CUO) and head of operations in Bermuda. The move, effective immediately, positions Winn to oversee the company’s underwriting strategy and manage its Bermuda office, a key hub in the global reinsurance market.
Winn, who has spent the last decade building underwriting portfolios for several leading reinsurance companies, will be responsible for maintaining Brit Re’s competitive edge in the highly specialised Bermuda market. The company’s leadership emphasized that his experience in both underwriting and global operations will be vital as the industry navigates increasing regulatory scrutiny and evolving risk landscapes.
Bermuda, home to more than 1,500 reinsurance and insurance firms, continues to play a pivotal role in the sector. Brit Re’s decision to appoint a dedicated head for the island underscores the importance of the jurisdiction’s tax‑friendly environment, robust regulatory framework and proximity to major catastrophe markets. The appointment is expected to strengthen the company’s presence in the region and support its strategic growth plans.
Industry analysts note that the appointment reflects a broader trend of reinsurance firms bolstering their Bermuda teams to capitalize on the island’s connectivity to North American and Caribbean markets.
Bermuda