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Chris Beazley’s role has been expanded to include head of reinsurance for MS Amlin after his departure.
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The organisation’s latest data showed a further acceleration in rate rises as the line strengthened for the eighth consecutive quarter.
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The law creating the $21bn fund to be administered by the California Earthquake Authority was passed in July. -
CAC Specialty aims to bring structured finance solutions with insurance broking capabilities.
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Conan Ward was chairman of the broker’s US and Bermuda specialty business.
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CEO John Carolin described the introduction of the system as a “pivotal moment” for B3i.
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The London market association warns of “significant” costs in the event of no deal.
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Carrie Kelley has also worked at Bowring Marsh Bermuda, Guy Carpenter Bermuda and Marsh USA in Chicago.
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The platform, led by Chris Bonard, was initially announced by Ed Broking back in December.
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The reinsurance broker’s CEO James Kent also said the ILS market reaction to HIM loss creep has varied widely.
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The executive will move back to broking after nearly two years at Axis Capital.
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This comes as Lockton has also been on a recruitment drive to boost its reinsurance division.
