Aon

The broker will also sit with Marsh McLennan/Guy Carpenter, WTW and Lockton Re on ABIR’s broker advisory cabinet.

Ntsoaki Ramabulana and Hayley Clarke have been added to the executive committee, while Idelia Hoberg has been appointed to run the new life and health reinsurance programme.

The broker’s report highlighted that trade credit underwriting is considered “flexible”, with limits increasing and coverages broadening in this class.

The broker has reported successive slowdowns since price increases climbed to a peak in Q1 2020.

The broker said there was increased demand for coverage from international clients.

Shares in the broker are up by 4% after it comfortably beat analyst earning expectations.

The broker grew organically in all divisions and comfortably beat analyst earning expectations by 11%.

Dennerståhl will be based in Stockholm and lead a team of over 80 staff when she joins later this year.

The broker joins after a brief spell at Aon, where he was head of EMEA business development.

The executive said the pandemic had ratcheted up the level of volatility faced by clients.

Katy Whelan joins from Deutsche Bank, where she was COO of its corporate finance division, while Charles Stuart joins from WTW, where he was strategy head for WTW GB.

Stefan Weda will also take on the role of head of CRB for WTW Netherlands.