Bermuda-based Ariel Reinsurance Company Ltd. appointed Tom Hulst as CEO.
Hulst will report to George Rivaz , the chairman of Ariel Reinsurance and CEO of Ariel Holdings.
Hulst has been with the Ariel Re since shortly after its formation in December 2005, serving initially as senior vice president, and since mid-2008, as president. Hulst has 20 years of industry experience in a variety of underwriting and management positions.
Ariel was established in 2005 by private equity investors. Since its inception, Ariel has grown its initial $1.0 billion equity to more than $1.7 billion at the end of 2009 having reported record profits for the recently concluded fiscal year.
Source: Ariel Re, www.arielre.com
Was this article valuable?
Here are more articles you may enjoy.
T-Mobile Caught Hackers Early, Averting Data Leak 
AI Weather Models Have Shown Promise This Hurricane Season 
US Charges Five in ‘Scattered Spider’ Hacking Scheme 
What’s Behind New York Fires? Climate Change, Land Use and History 
Want to stay up to date?
Get the latest insurance news
sent straight to your inbox.