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Verdant Rock Limited Appoints Carolyn Thomas as Chief Underwriting Officer and Kevin Downs as Chief Actuary

PRIVATENov 03, 2026
New to company · from Aon Reinsurance Solutions“She joins from Aon Reinsurance Solutions, where she advised clients on credit reinsurance and placed Verdant Rock's first 30% quota share reinsurance treaty.”

Position

Chief Underwriting Officer

Company

Verdant Rock Limited

Carolyn Thomas
BermudaFinancial ServicesFinanceLending

Description

Verdant Rock Limited announced the appointments of Carolyn Thomas as Chief Underwriting Officer and Kevin Downs as Chief Actuary, effective November 2, 2026. These appointments aim to strengthen the company's execution capacity as it moves forward in the insurance market.

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Company Information

Company

Verdant Rock Limited

Location

Bermuda

About

Verdant Rock Limited is a Bermuda-based insurance company regulated by the Bermuda Monetary Authority as a Class 3B insurer. It holds a BBB+ Long-Term Insurer Financial Strength Rating with a Stable Outlook from Fitch Ratings and an A (low) Financial Strength Rating from Morningstar DBRS. Verdant Rock issues irrevocable, unconditional, on-demand financial guarantees for Emerging Markets credit across five exposures: Infrastructure, Corporate Loans, Bank Portfolio, ABS, and RMBS.

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