Former Talbot underwriter gets new role

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Lancashire Holdings has appointed Darren Redhead as head of its Lancashire Capital Management division (LCM). 

Redhead was previously chief underwriting officer of DE Shaw Re (Bermuda), a hedge fund-backed property catastrophe reinsurer.

Prior to that he served as syndicate deputy underwriter of Lloyd’s syndicate Talbot Underwriting.

Lancashire chief executive Richard Brindle said: “I am really pleased that Darren is joining us. He is a well known industry figure and will be most helpful in developing our plans for LCM.”

Redhead added: “I am excited to be joining a company such as Lancashire which has a strong and proven track record. I look forward to heading up LCM and building upon the firmly established foundations that Lancashire has created in the management of third party capital.”