Lancashire Holdings Ltd (LRE.L) People | Reuters.com
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Lancashire Holdings Ltd (LRE.L)

LRE.L on London Stock Exchange

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30 Jun 2016
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Summary

Name Age Since Current Position

Peter Clarke

55 2016 Non-Executive Independent Chairman of the Board

Alex Terrence Maloney

41 2014 Chief Executive Officer, Executive Director

Elaine Whelan

41 2013 Group Chief Financial Officer, Executive Director

Paul Gregory

2014 Chief Underwriting Officer

Christopher Head

48 2012 Company Secretary

Emma Duncan

56 2010 Non-Executive Independent Director

Simon Fraser

51 2014 Senior Independent Non-Executive Director

Samantha Hoe-Richardson

44 2013 Non-Executive Independent Director

Thomas Milligan

45 2015 Non-Executive Independent Director

Jonny Creagh-Coen

Head - Investor Relations

Biographies

Name Description

Peter Clarke

Mr. Peter L. Clarke has been appointed as Non-Executive Independent Chairman of the Board of Lancashire Holdings Ltd., effective 4 May 2016. Peter was Group Chief Executive of Man Group plc between April 2007 and February 2013. In 1993 Mr. Clarke joined Man Group plc, a leading global provider of alternative investment products and solutions as well as one of the world’s largest futures brokers. He was appointed to the board in 1997 and served in a variety of roles before becoming the Group Finance Director in 2000. During this period he was responsible for investing in and developing one of the leading providers of third-party capital insurance and reinsurance products. In November 2005, he was given the additional title of Group Deputy CEO. Mr. Clarke is currently the Chairman of the National Teaching Awards Trust and a Non-Executive Director of both AXA Investment Management S.A. and Lombard Odier Investment Management. Mr. Clarke took a first in Law at Queens’ College, Cambridge and is a qualified solicitor, having practised at Slaughter and May, and has experience in the investment banking industry, working at Morgan Grenfell and Citibank. Peter Clarke was appointed to the Board and as a member of the Audit and Investment Committees on 9 June 2014, and was appointed as a member of the Remuneration Committee on 4 November 2014.

Alex Terrence Maloney

Mr. Alex Maloney has been appointed as Chief Executive Officer, Executive Director of Lancashire Holdings Ltd. Alex Maloney joined Lancashire in December 2005 and was appointed Group Chief Executive Officer in April 2014. On joining, Mr Maloney was responsible for establishing and building the energy underwriting team and account and, in May 2009, was appointed Group Chief Underwriting Officer. Since November 2010 Mr. Maloney has served as a member of the Board and was appointed Chief Executive Officer of Lancashire Insurance Company (UK) Limited in 2012. Mr. Maloney also serves as a Director of Cathedral Underwriting Limited and has been closely involved in the development of the Group’s Lloyd’s strategy. Mr. Maloney has over 20 years of underwriting experience and has also worked in the New York and Bermuda markets.

Elaine Whelan

Ms. Elaine Whelan is Group Chief Financial Officer, Executive Director of Lancashire Holdings Ltd. Elaine Whelan joined Lancashire in March 2006 and leads both the Group finance function and the Bermuda insurance subsidiary, reporting to the Group Chief Executive Officer. Ms Whelan was previously Chief Accounting Officer of Zurich Insurance Company, Bermuda Branch. Prior to joining Zurich, Ms Whelan was an Audit Manager at PricewaterhouseCoopers, Bermuda, where she managed a portfolio of predominately (re)insurance and captive insurance clients.``

Paul Gregory

Mr. Paul Gregory is Chief Underwriting Officer of Lancashire Holdings Ltd., effective April 30, 2014. He joined Lancashire in May 2007 as a member of the underwriting team and was responsible for underwriting the Energy account and assisting in the development of Lancashire Middle East. In January 2009, Paul was appointed Chief Underwriting Officer for Lancashire Insurance Company (UK) Limited and is responsible for all lines of business written from the Lancashire London office. Paul graduated in Finance from the University of Birmingham and participated in the Marsh Graduate Scheme in 2001 as an Account Executive in the Energy Team which was followed by experience as an Underwriter in the Energy team at AIG in 2005. Paul has also worked closely with the Cathedral management team in the development of Syndicate 3010 and the Group's Lloyd's strategy.

Christopher Head

Mr. Christopher Head is Company Secretary of Lancashire Holdings Ltd. Christopher Head joined Lancashire in September 2010. Mr. Head is Company Secretary of Lancashire Holdings Limited and advises on issues of corporate governance and generally on legal affairs for the Group. Prior to joining Lancashire, Mr. Head was in-house counsel with the Imagine Insurance Group, advising specifically on policy wording and the structuring of reinsurance transactions. He transferred to Max at Lloyd’s in 2008 as Lloyd’s and London Counsel. Between 1998 and 2006 Mr. Head was Legal Counsel at KWELM Management Services Limited, where he managed an intensive programme of reinsurance arbitration and litigation for insolvent members of the HS Weavers underwriting pool. Mr. Head is a qualified solicitor having trained at Barlow Lyde and Gilbert where he worked in the Reinsurance and International Risk Team. Mr. Head has a History degree and legal qualification from Cambridge University, where he was a choral scholar in the choirs of King’s College and Trinity College.

Emma Duncan

Ms. Emma Duncan is Non-Executive Independent Director of Lancashire Holdings Ltd. Emma Duncan is the Deputy Editor of The Economist. She has also held several other posts on the magazine, including Britain Editor and Asia Editor. She has covered the media business, the Middle East, home affairs, agriculture, commodities and the transport industry and has served as Delhi correspondent, covering India, Pakistan, Bangladesh and Sri Lanka. She has written special reports for the magazine on Saudia Arabia and the Gulf states, India, Pakistan and the food industry. Ms Duncan appears regularly on television and radio programmes. She has written widely on a freelance basis, for publications such as The Times, The Sunday Times, The Daily Telegraph, Vogue and Cosmopolitan. She has an honours degree in politics, philosophy and economics from Oxford University and started her career as a researcher and reporter at Independent Television News. Emma Duncan was appointed as a member of the Nomination and Corporate Governance Committee on 5 June 2014 and as a member of the Investment Committee on 4 November 2014.

Simon Fraser

Mr. Simon Fraser is the Senior Independent Non-Executive Director of Lancashire Holdings Limited. Simon Fraser became the Senior Independent Director on 30 April 2014. Simon Fraser was Head of Corporate Broking at Merrill Lynch and subsequently Bank of America Merrill Lynch until his retirement in 2011. He began his career in the City in 1986 with BZW and joined Merrill Lynch in 1997. He led initial public offerings, rights issues, placings, demergers and mergers and acquisitions transactions during his career and advised many UK companies on stock market and London Stock Exchange issues. Mr. Fraser has an MA degree in modern history from St Andrews University. He is also a Non-Executive Director of Derwent London plc where he chairs the Remuneration Committee and sits on the Audit and Nominations Committees. Simon Fraser was appointed Chair of the Remuneration Committee on 30 April 2014.

Samantha Hoe-Richardson

Ms. Samantha Hoe-Richardson is Non-Executive Independent Director of Lancashire Holdings Limited., since February 20, 2013. Samantha Hoe-Richardson is Head of Environment for Anglo American plc, one of the world’s leading mining and natural resources companies. Ms Hoe-Richardson is responsible for improving sustainable development performance across the breadth of Anglo American’s business units in areas such as water and climate change. She is also a director of Anglo American Zimele Green Fund (Pty) Ltd, which supports entrepreneurs in South Africa. Prior to her role with Anglo American, Ms. Hoe-Richardson worked in investment banking and audit and she holds a masters degree in nuclear and electrical engineering from the University of Cambridge. She also has a chartered accountancy qualification. Samantha Hoe-Richardson was appointed Chair of the Audit Committee on 30 April 2014 and as a member of the Nomination and Corporate Governance Committee on 5 June 2014.

Thomas Milligan

Mr. Tom Milligan is Non-Executive Independent Director of Lancashire Holdings Limited., with effect from 3 February 2015. Tom Milligan was Co-Chief Executive Officer of Ariel Re Holdings Ltd., until his retirement in 2015. He began his career in the City in 1991 with Guy Carpenter & Co. and worked in both London and Bermuda as an insurance intermediary and underwriter. In 2005, Mr. Milligan joined Goldman Sachs Group Inc. to start and manage the GS Reinsurance Group’s non-life activities. As a Managing Director of Goldman Sachs, Mr. Milligan served as Chief Underwriting Officer of Arrow Capital Re in Bermuda, before starting GS-owned Lloyd’s Syndicate 1910 in 2008 and serving as Active Underwriter until 2012. In 2012, Mr. Milligan led GS’ purchase of Ariel Re and served as Co-CEO from April 2012 until July 2014. During 2013, Mr. Milligan played a leading role in the spin-off of GS Reinsurance Group into Global Atlantic Financial Group (GAFG), before managing the sale of the Ariel businesses from GAFG to BTG Pactual in 2014. Mr. Milligan graduated from Durham University in 1991.

Jonny Creagh-Coen

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