Rokstone, the global specialty re/insurance managing general agent (MGA) and part of Aventum Group, has appointed Eddie Hughes (pictured above) as its new head of specialty reinsurance.
Hughes brings nearly 20 years of industry experience to the role. He joins Rokstone from Antares Managing Agency Ltd, where he served as head of reinsurance.
During his tenure at Antares, Hughes worked as a marine and energy treaty underwriter and later became class underwriter for marine and energy before taking on leadership of the reinsurance division. Prior to Antares, he was a treaty underwriter at Canopius Syndicate.
At Rokstone, Hughes will oversee the company’s global specialty reinsurance portfolio, which includes marine, energy, terrorism, aviation, and space. His appointment is part of Rokstone’s strategy to expand its presence in the treaty market.
Global reinsurance was valued at approximately US$711.75 billion in 2024, with treaty reinsurance accounting for a significant portion of this figure. Specifically, treaty reinsurance was valued at over US$207 billion in 2023 and is anticipated to experience robust growth during the forecast period.
Ian Anson, global CEO at Rokstone, said expanding the treaty offering has been a long-standing goal for the company.
Anson said Hughes' experience, track record, and market reputation will be important in driving bespoke contracts and placement structures for partners worldwide.
Last month, Rokstone also announced a new mid-market aviation program, which will provide brokers across the United States with access to Lloyd’s capacity.
Supported by A-rated capacity from Lloyd’s insurer Tokio Marine Kiln, the program will offer coverage for general aviation, aviation general liability, airport liability, and product manufacturers’ liability across all US states.
Earlier this year, the MGA also launched Rokstone Commercial Risks, a new direct-to-retail excess and surplus lines (E&S) MGA in the US. It will focus on casualty-oriented E&S underwriting, addressing a market that exceeded US$95 billion in premiums in 2024, with an 11% year-on-year increase.
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