Third Point Re has hired Tracey Gibbons to lead its specialty treaty portfolio, the Bermudian reinsurer has confirmed.
In January this publication revealed Gibbons had left Allied World and would be joining Third Point following a period of gardening leave ending on 7 April.
She has more than 32 years’ industry experience and joins from the role of senior vice president of specialty reinsurance at Allied World. Prior to this she was a senior vice president at Bermuda-headquartered reinsurer Overseas Partners.
In her new role Gibbons reports to Third Point Re CEO Dan Malloy.
Commenting on the appointment, Third Point Re group president and CEO Rob Bredahl said Gibbons’ specialty experience would be useful in developing diverse new lines of business and gradually increasing the carrier’s exposure to short tail catastrophe risk.
“We plan to build on this new team under her leadership during the course of the year,” Bredahl added.