Shaw Names Redhead Chief Underwriting Officer
The D. E. Shaw group announced that Darren Redhead will be joining as the chief underwriting officer of D. E. Shaw Re (Bermuda), Ltd., its recently formed Bermuda-based Class 3 reinsurance company, which focuses on the P/C market.
Redhead joins the D. E. Shaw group after serving as syndicate deputy underwriter of Lloyd’s syndicate Talbot Underwriting Ltd., where he was responsible for all reinsurance writing, reinsurance purchasing, property direct underwriting, and structuring and raising syndicate capital. Prior to his tenure at Talbot, Redhead held underwriting positions at Reliance National Insurance Company (Europe) Limited and Lloyd’s Archer Group Holdings plc. He is experienced in a number of classes of business lines including property, energy, aviation, and space.
“We’re delighted to gain Darren’s knowledge in such a wide range of insurance disciplines,” commented Dr. Anne Dinning, a managing director of D. E. Shaw & Co., L.P. and a member of the firm’s Executive Committee, and president of D. E. Shaw Re (Bermuda), Ltd.