Founder David V. Cabral leaves Artemis
MAJURO, Republic of the Marshall Islands - 8 October 2018 - Artemis Specialty Ltd, a Marshall Islands-registered property and casualty insurance and reinsurance consulting company, today announced that founder, David V. Cabral, has joined Peak Reinsurance Company Limited (“Peak Re”), a global reinsurer based in Hong Kong, as Chief Operating Officer with effect from 8 October 2018.
Mr. Cabral noted "My journey with Artemis has been an exceptional experience working with clients and partners across multiple disciplines and geographical areas. I now have the honour of joining Peak Re, a company I have long admired and which has demonstrated an outstanding achievement as a solid reinsurer in the past five years. I am looking forward to working with Peak Re’s dynamic, young and agile team and to make a contribution so that the company is seen as the most valued reinsurance brand to our clients and stakeholders.”
About Peak Re
Peak Re is headquartered in Hong Kong with shareholder equity of USD1.02 billion as of 30 June 2018. It is authorised by the Insurance Authority of Hong Kong and is rated “A-” by A.M. Best, a leading international insurance industry credit rating agency. Fosun International Limited (00656.HK) (“Fosun”) and Prudential Financial, Inc. hold 86.9% and 13.1% of Peak Re via Peak Re Holdings, respectively. Peak Re offers reinsurance services covering a range of lines across Asia Pacific, EMEA and the Americas, tailor-making risk transfer and capital management solutions to best fit clients’ needs.
About Artemis Specialty Ltd
Through our international network of independent consultants and service providers, Artemis Specialty Ltd identifies and pursues new opportunities for our clients in the global (re)insurance markets and provides a variety of mentorship services for insurtech start ups. In a world of rapid digital transformation, we create innovative environments and help facilitate change to maximise customer connections, reduce risk, improve operational efficiencies and increase profits. For more information about Artemis, please visit www.artemis-specialty.com.
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