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The departures follow a review of the Credit Suisse-backed firm’s underwriting strategy which will see it focus on bigger lines across a smaller client set. -
Among other roles, the industry veteran will advise agriculture insurance start-up Agritask.
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Reinsurance chairman will take on the CEO role until a successor is announced
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Former Axa XL property treaty head Catherine Turner will co-lead the unit with Richard Evans.
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The departure comes after a 21% contraction in GWP at the unit in H1.
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Lara Mowery and John Crichton will also join the committee as global head of distribution and chief information officer, respectively
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People moves in the ILS marketplace.
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Possible Covid-19 losses may be slowing capital inflows to the ILS sector, CFO John Dacey has said.
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The CEO also casts doubt on the future of event cancellation cover.
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The former Chubb Tempest Re chief takes over following the collapse of the sale of the business to Covea.
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Ex-Novae deputy CUO to become active underwriter at Syndicate 2358.
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The executive’s interim role as head of the ART unit becomes permanent.
