DUAL Starts Specialty Reinsurance Business

DUAL Corporate Risks has launched Tamesis DUAL, a specialty excess-of-loss reinsurance business with capacity from Lloyd’s.

Tamesis DUAL will access global clients writing a specialty excess-of-loss account. This will be 100 percent non-proportional excess-of-loss business that will focus on marine, offshore energy, onshore energy/property, aerospace, terrorism and war/political risks. The capacity is expected to be finalized at approximately $30 million.

Tony Lovett will head up the franchise as the managing director. He has 30 years of experience in the London market and has worked at Ryan Specialty Group, Catlin, Syndicate 1009, DE Hope and others.

The London-based DUAL is part of the Hyperion Group.