Ariel Re welcomes group of Bermudian students to summer intern program

Ariel Re welcomes group of Bermudian students to summer intern program | Insurance Business New Zealand

Reinsurance

Program now in its fourth year

Reinsurance

By
Kenneth Araullo

Ariel Re, a global reinsurance firm with offices in Bermuda, London, and Hong Kong, has introduced a new group of summer interns at its Bermuda location.

The four Bermudian students will gain insights into the operations of a reinsurance company and expand their industry knowledge.

The students include Gaby Furr from Queen’s University, studying political science and economics; Heston Kessell from the University of Guelph, studying economics; Moriah Wheddon, an accounting student at Bermuda College; and Matthew Brookes from the University of Kent, studying finance and investment.

In its fourth year, the internship program offers exposure to various roles within the reinsurance sector, including underwriting, claims, catastrophe modeling, and actuarial science.

The interns will work in different departments, engage in multiple projects, and attend daily meetings.

“We look forward to the fourth cohort of internship students joining us at Ariel Re this year, and to another year of developing reinsurance talent,” Ariel Re head of human resource Lindsay Hyland said.

Hyland added that the new group of interns underscores Ariel Re’s commitment to fostering career and knowledge growth in reinsurance, expressing hope that some may pursue permanent roles within the company.

Ariel Re provides a range of insurance and reinsurance solutions through its offices in Bermuda, London, and Hong Kong, serving a diverse client base. Operating through Syndicate 1910 at Lloyd’s of London, Ariel Re also offers access to Lloyd’s Europe.

Back in April, Ariel Re and Hiscox Re & ILS have announced the formation of CyberShock, a cyber catastrophe consortium.

CyberShock is also designed to ensure better certainty of coverage for significant cyber incidents, including service and hardware supply chain events, cyber propagation events, software supply chain disruptions, and catalytic cyber events.

“Against a backdrop of both a lack of clarity around cyber event definitions and meaningful capacity in the cyber reinsurance marketplace, we believe the CyberShock consortium can act as a positive catalyst for the market,” Hiscox Re & ILS chief underwriting officer Matthew Wilken said.

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