Hiscox Re & ILS has appointed Liz Breeze as its new chief financial officer, based in Bermuda. This appointment is subject to Department of Immigration and Bermuda Regulatory approval.

Ms Breeze has been working with Hiscox Re & ILS as its interim CFO since June this year. Prior to this, she spent four years as head of finance for Hiscox’s UK Retail operations, and several years as Hiscox Group technical accountant – being part of the team that worked on the initial set-up and structure of the insurer’s ILS business.

This new role marks a return to Bermuda for Ms Breeze, who lived on the island between 2006 and 2012 while working for KPMG.

Mike Krefta, CEO of Hiscox Re & ILS, said: “Liz is a very welcome addition to the Hiscox Re & ILS team. We are already benefiting from Liz’s knowledge of our business and deep finance expertise, and are delighted that we will continue to do so.”

Ms Breeze added: “It’s great to be able to bring my knowledge from other parts of the Hiscox Group to our reinsurance and ILS operations.

“Returning to Bermuda is personally very exciting for me, and I’m proud to be leading such an experienced finance team.”