Arch Capital
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Ondine Bourrut Lacouture succeeds Simon Williams, who had been in the role since 2019. -
The unit will include both ocean and inland marine coverage.
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There has been significant talent displacement in the specialty reinsurance market.
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William Soares moves from casualty and specialty CUO to president.
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Sources said MarshBerry was retained earlier this year to run the sale.
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Specialty reinsurance has experienced high competition for talent.
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The days of 30%+ growth are probably behind the firm, he said.
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Overall, the company’s underwriting income fell 43% to $417mn in the first quarter.
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James Barrett has been interim head of cyber since October 2024.
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Chapman exited from Scor following a 13-year tenure with the carrier.
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Fast Track is led by QBE and backed by Canopius, Arch and Beazley.
