Bermuda-based Mt. Logan Re Ltd.* has appointed Chris Caponigro as head of business development.
Caponigro brings a diverse background with over 20 years of experience, which includes property, specialty, and structured underwriting, in addition to various financial and analytical roles. He was most recently with Platinum Underwriters Bermuda, Ltd., where he served as head of North American catastrophe lines, prior to its acquisition by Renaissance Re. Prior to joining Platinum, between 1995 and 2002, Caponigro worked at St. Paul Re.
Caponigro earned a Bachelor of Science in Accounting from Susquehanna University, and a Master in Business Administration in Finance from Fairleigh Dickinson University. He holds CPCU, ARe and AMIM designations.
Rick Pagnani, president and chief executive officer of Mt. Logan Re, commented: “We are excited to have Chris join our organization to further the expansion of Mt. Logan, and build on its success. As one of the fastest growing capital convergence vehicles in our market, Mt. Logan continues to attract strong investor interest. Chris’ diverse background in both the underwriting and financial disciplines of our industry will be invaluable as we continue the organization’s build out.”
*Mt. Logan Re, Ltd. is Everest Re Group Ltd.’s special purpose reinsurer formed in January 2013 to provide collateralized capacity to the worldwide property catastrophe reinsurance market.
Source: Mt. Logan Re Ltd.
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