Bernina Re is a specialist reinsurance and retrocession provider. We offer our clients risk transfer products and solutions underpinned by disciplined and prudent underwriting, superior analytical capabilities, and a culture of professional excellence. Our capital is provided by funds managed by Credit Suisse Insurance Linked Strategies Ltd . (Credit Suisse ILS).
Bernina Re is registered in Bermuda and is licensed as a Class 3A reinsurer.
Significant capacity for
Cat XL, Risk XL and
Energy, Space, Aviation,
Capacity for man
such as Lottery
Michael joined Bernina Re in 2019 and assumed the role of Chief Executive Officer in 2022. He was previously Chief Executive Officer for Humboldt Re Limited in Guernsey. Michael started his career at EY in London and subsequently held technical accounting and audit roles with Amlin plc in London and EY in Bermuda.
Michael holds a Bachelor’s degree in Economics and Finance from the University of York and is a member of the Institute of Chartered Accounts of Scotland.
Will joined Bernina Re as Chief Underwriting Officer and Head of US & Retro in 2022. He has over 15 years’ experience in the reinsurance industry. Before joining Bernina Re he was Chief Underwriting Officer for Kettle Limited and Kettle Re. Prior to this he held underwriting and modeling roles at Sompo International, Blue Capital and RenaissanceRe.
Will holds a Bachelor’s degree in Finance and an MBA from Texas Tech University.
Filipe serves as the Head of Swiss Branch and Head of International Underwriting. He joined Bernina Re in 2019 from Credit Suisse ILS, where he was a Senior Underwriter. He has 20 years' experience in the insurance industry, of which more than 13 years have been in reinsurance underwriting roles. Prior to joining Credit Suisse ILS, he held underwriting positions at Exin Re AG, Sompo Japan Canopius Reinsurance AG and Arch Re Europe Ltd. in Zurich, and Hannover Reinsurance AG in Germany.
Filipe holds a Master of Science degree in Business Development from the University of Applied Sciences in Hannover, Germany and is qualified as Chartered Financial Analyst (CFA) and Chartered Property Casualty Underwriter (CPCU).
Bernina Re was launched in 2017 as a Solvency II equivalent Class 3A reinsurer. It was established as a transformer to underwrite traditional reinsurance business for the exclusive benefit of funds managed by Credit Suisse Insurance Linked Strategies Ltd. (Credit Suisse ILS) on a fully collateralized basis.
In 2019 Bernina Re achieved its development into a fully staffed reinsurer, sourcing and underwriting reinsurance business via its head office in Bermuda as well as its branch office in Switzerland.
You can find out more about us in our most recent Financial Condition Report
Bernina Re is headquartered in Bermuda, which has long been a well-known and highly respected global hub for insurance capacity. In particular, reinsurance has been one of the fastest growing sectors in recent years. As one of the top three reinsurance centers in the world, Bermuda is best known for its market-leading position in the property-catastrophe reinsurance sector. Bermuda has made a lot of effort over the last decade to achieve and maintain Solvency II equivalence. It is one of only two jurisdictions worldwide, along with Switzerland, to have this distinction.
Bernina Re Ltd. today announced an underwriting profit for the nine-months ended 30 September 2022.
Bernina Re Ltd. today announced the appointment of Will Haddrell as Chief Underwriting Officer and Head of US & Retro
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Bernina Re is a specialist reinsurance and retrocession provider. We offer our clients risk transfer products and solutions underpinned by disciplined and prudent underwriting, superior analytical capabilities, and a culture of professional excellence. Our capital is provided by funds managed by Credit Suisse Insurance Linked Strategies Ltd . (Credit Suisse ILS)Bernina Re is registered in Bermuda and is licensed as a Class 3A reinsurer.”