Miller hires McGill, Aon veteran Peter Stubbings as Bermuda reinsurance chair
Miller has strengthened its Bermuda reinsurance and retrocession operations with the appointment of Peter Stubbings as chairman of its Bermuda business, supporting the broker’s continued expansion on island.
Stubbings joined Miller as chairman of Miller Bermuda on May 4. He brings more than 40 years of reinsurance experience spanning London, Bermuda, the Caribbean and the Nordic markets.
Stubbings joins from McGill and Partners, where he served as Bermuda chief executive officer from 2023. Prior to that, he was UK&I chief executive officer of Aon’s Global Re Specialty division. He also spent 14 years at Guy Carpenter, first as chief executive officer EMEA and later as chief executive officer Bermuda.
In his new role, Stubbings will support the growth of Miller’s reinsurance and retrocession proposition in Bermuda as the broker continues to expand its presence in the market. He will also work to support new business generation by facilitating cross-selling opportunities between AHJ Miller, the firm’s reinsurance division, and the wider Miller Bermuda business.
James Hands, group chief executive officer at Miller, said: “Peter’s appointment is another significant milestone in the expansion of our Bermuda team and in the buildout of our rapidly growing reinsurance proposition. His 40+ years of industry experience, impressive track record of international leadership, and long-standing client relationships across multiple jurisdictions will prove hugely valuable to our growth in this critical destination for global (re)insurance business. We’re delighted to have Peter onboard.”
Stubbings added: “It’s a pleasure to be joining Miller at this exciting time of expansion for both our Bermuda business and our global reinsurance capabilities. Miller’s well-earned reputation for deep market specialism, client service excellence, and product innovation made this a uniquely attractive opportunity, and we’re greatly energised by the growth potential for our insurance, reinsurance and retrocession offerings on the island and beyond.”
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