Graham Pewter has been appointed as president and chief executive of Catlin Insurance Company Ltd (CICL) in Bermuda.

The former president and chief executive officer of Commercial Risk Partners Limited, will have responsibility for the development of CICL.

CICL claims it has capital in excess of $450m (£286.1m).

CICL chairman Stephen Catlin said: "I am delighted to welcome Graham to CICL and am eager to begin working with him.

"With his years of experience in the Bermuda market and his extensive knowledge of both traditional insurance and alternative risk management products, he is the ideal person to lead CICL and oversee its growth."