Hamilton
15 May 2017
Reporter: Becky Butcher

Brian Duperreault swaps Hamilton for AIG


Bermuda-based Hamilton Insurance Group has reorganised its leadership following the departure of CEO and board chair Brian Duperreault.

The new appointments, William Freda and David Brown, will take on the roles of board chair and interim group CEO, respectively.

Duperreault, who left Hamilton Insurance this month, has joined AIG as CEO, director and president.

Freda joined the Hamilton board of directors in June 2014 and also chairs the board’s audit committee.

Brown has been a member of the board since Hamilton’s establishment in December 2013 and is chair of the finance and governance committee.

Freda commented: “It is with regret that we have accepted Brian Duperreault’s resignation from Hamilton. He is an industry icon with a well-deserved reputation for visionary leadership. We have had the privilege of experiencing this first-hand at Hamilton.”

He added: “However, we have in David Brown an experienced industry CEO who has been with the company since inception. He is an ideal resource to lead Hamilton through this transition.”

More news
The latest news from Captive Insurance Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
US and EU sign covered agreement
22 September 2017 | Brussels | Reporter: Becky Butcher
The US and EU have signed the bilateral covered agreement on insurance and reinsurance
Phillips 66 captives affirmed 'excellent'
22 September 2017 | Oldwick | Reporter: Becky Butcher
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit ratings of “a” of Spirit Insurance Company and Radius Insurance Company, the captive insurers for Phillips 66
R&Q completes assignment of deductible liabilities
21 September 2017 | London | Reporter: Jenna Lomax
The liabilities relate to workers’ compensation policies issued between 1988 and 2012 to a US corporate from a large US carrier
A.M. Best affirms Eni’s captive ratings
21 September 2017 | London | Reporter: Becky Butcher
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and the long-term issuer credit of “a” of Eni Insurance Designated Activity Company (EID), a captive of Eni, a multinational oil and gas company based in Italy
ConocoPhillips captive ratings affirmed ‘excellent’
21 September 2017 | Oldwick | Reporter: Becky Butcher
A.M. Best has affirmed the financial strength rating of “A (Excellent)” and long-term issued credit rating of “a” of Sooner Insurance Company (Sooner), the captive insurer of ConocoPhillips
GFSC addresses Solvency II and IAIS capital standards project
20 September 2017 | St Peter Port | Reporter: Becky Butcher
The Guernsey Financial Services Commission (GFSC) has launched a discussion paper seeking the industry’s feedback on the evolution of the island’s global and European insurance capital standards
NCCIA clarifies 831(b) memo
20 September 2017 | Charlotte | Reporter: Becky Butcher
The North Carolina Captive Insurance Association has issued a statement to clarify a memo discussing the 831(b) tax election and the impact on the state’s captive insurance industry should Congress repeal the election