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Their view that “investors have never had it so good” speaks of a market in an upbeat mood as of January. -
The outgoing McGill and Partners head of structured solutions will become CEO of Augment after fulfilling his contact at McGill.
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The broker said clients can move fast in a harder market but need time to review quotes.
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The broker is looking to solve the severe capacity crunch for its clients as rising demand meets falling supply.
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Paul Shedden joins from Sompo International, where he was head of portfolio design, pricing and analytics – global insurance.
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Jason Bolding adds to the growing team recently joined by Alexandre Delacroix and Keshav Gupta.
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The CEO said the (re)insurance industry is not doing enough to meet the climate challenge ahead.
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The broker said it would help clients to think creatively and act quickly in accessing capital.
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The broker said some reinsurers were planning for significant growth in property catastrophe as demand is expected to pick up pace.
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The former Gallagher Re broker is the second departure from the firm in Bermuda since the Willis Re sale.
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The appointment to the ILS unit follows news of Howden’s move to buy TigerRisk.
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The property reinsurance underwriter had joined Axis Re’s London team three years ago.
