Hamilton Announces Key Leadership Transition: Peter Riihiluoma Appointed to Senior Vice President, Head of Specialty Reinsurance
December 19 2023 - 9:00AM
Business Wire
Hamilton Insurance Group, Ltd. (NYSE: HG; “Hamilton” or “the
Company”) today announced the appointment of Peter Riihiluoma as
Senior Vice President, Head of Specialty Reinsurance at Hamilton
Re, the Company’s Bermuda-based insurance and reinsurance
underwriting platform, replacing Richard Sammons who will be
leaving the organization.
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Peter Riihiluoma (Photo: Business
Wire)
This comes as part of Hamilton’s strategic succession planning,
demonstrating the Company’s commitment to recognizing and nurturing
exceptional talent within its team. Riihiluoma’s appointment is
effective January 1, 2024 and he will report to Hamilton Re Chief
Underwriting Officer Tim Duffin.
Reflecting on the transition, Hamilton Re Chief Executive
Officer Megan Thomas, said, “We are thrilled to announce Peter as
our new SVP, Head of Specialty Reinsurance. He has been an integral
part of the Hamilton team and his exceptional skills and insightful
market awareness make him the perfect fit to be promoted to this
leadership role. We are confident Peter will continue to excel in
his new capacity.
“While we will miss Richard, we respect and support his personal
decision to relocate back to the UK later in 2024, and we part on
the best of terms. He has been an invaluable member of the Hamilton
team, having built the Specialty Reinsurance practice when he
joined nine years ago.”
Riihiluoma has held underwriting, pricing and portfolio
management responsibilities across a diverse portfolio of specialty
reinsurance lines since joining Hamilton in 2019 as Vice President,
Specialty Reinsurance. Prior to Hamilton, he was with Chubb for
nine years, most recently as Vice President, Ceded Reinsurance in
Minneapolis, Minnesota. Riihiluoma is a Fellow of the Casualty
Actuarial Society.
About Hamilton Insurance Group, Ltd.
Hamilton Insurance Group, Ltd. (NYSE: HG) is a
Bermuda-headquartered company that underwrites specialty insurance
and reinsurance risks on a global basis through its wholly owned
subsidiaries.
For more information, please visit www.hamiltongroup.com
and LinkedIn: Hamilton
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Media contact Kelly Corday Ferris
kelly.ferris@hamiltongroup.com
Investor contact Jon Levenson
investor.relations@hamiltongroup.com
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