Mt Logan Re lures Platinum Underwriters exec

Mt Logan Re, Everest Re’s special purpose reinsurer, has appointed Chris Caponigro as head of business development.

Caponigro joins the firm from Platinum Underwriters Bermuda, where he served as head of North American catastrophe lines.

Rick Pagnani, president and chief executive officer of Mt Logan Re, said: “We are excited to have Chris join our organisation to further the expansion of Mt Logan, and build on its success.

“As one of the fastest growing capital convergence vehicles in our market, Mt Logan continues to attract strong investor interest. Chris’ diverse background in both the underwriting and financial disciplines of our industry will be invaluable as we continue the organisation’s build out.”