Securis has parted ways with its head of origination Neil Strong after a significant management restructure that has elevated Paul Larrett to the new role of chief underwriting officer and head of non-life analytics.
ILS manager Hudson Structured is set to buy some of the subsidiaries of Scottish Re, as the life reinsurer commences chapter 11 bankruptcy proceedings covering its Cayman Island entity and associated subsidiaries.
ILS managers are "running toward" the potential to grow their market share rather than running away from last year's losses, Willis Towers Watson Securities said in its latest market report.
Artex Risk Solutions has established an office in Singapore which will be headed by chief executive Vic Pannuzzo, the insurance services manager announced today.