BMS Re, the specialty reinsurance arm of the global broking group BMS, has appointed Brendan O’Brien as Vice President, based in Bermuda.
O’Brien joins BMS Re from Assured Guaranty Re’s structured finance division, where he served as an underwriter.
Before this, O’Brien was at Nephila Capital Limited for six years, a role in which he gained experience on the catastrophe bond desk and was also involved in the firm’s outwards reinsurance and retro strategy.
O’Brien is also a CFA Charterholder, registered with the Bermuda Institute.
Chris McDowell, CEO of BMS Re Bermuda, and to whom O’Brien will report, said, “Brendan holds the expertise and experience to join our Bermuda office and contribute from the word go.
“His knowledge of the demands and opportunities of a cat bond desk will prove invaluable to us as we build out our secondary cat bond trading initiative.
“I am delighted to welcome him to BMS Re and am excited to see both the impact he will have on our cat bond initiative as well as the wider input he will have on our growth.”
O’Brien himself said, “I’m pleased to join BMS Re during a time of extraordinary growth. BMS Re has a well-established global reputation, and I look forward to contributing towards the execution of the group’s various initiatives, learning from exceptional people, and participating in a remarkable culture.”
