BMS
-
In the more extreme of two scenarios, Ian could mimic 1921’s Tarpon Springs hurricane at a cost in the double-digit billions, BMS said. -
The business has retained Evercore to advise on future funding options.
-
The storm is currently moving over the Dominican Republic and headed for Bermuda.
-
The expansive broker has also hired Mario Binetti from Everest Re as head of casualty treaty and actuarial.
-
Nick Gillet will take up the role in January 2023 and work closely with Peregrine Towneley and David Battman.
-
Germán Torres-Ortíz, who joins from Carpenter Marsh, will start work on 29 August.
-
The transaction is part of BMS’s strategy to branch out of its Miami, Florida base.
-
The team will be based in London and report to Chris Ritchie, managing director of international direct and facultative at BMS.
-
The former managing director is tasked with continuing specialty (re)insurance growth in London and Bermuda.
-
The acquisition is the seventh for BMS in the past two years.
-
The pair are to exit amid a stream of departures from the Odyssey-owned intermediary.
-
The new hire joins from Tysers, where she spent more than five years, most recently as director of North American executive and financial risks.
Most Recent
-
RMS pegs Hurricane Ian loss estimate at $53bn-$74bn
07 October 2022 -
Axa XL Reinsurance appoints seven global product leaders
07 October 2022 -
Oneglobal appoints advisers to explore ownership options
07 October 2022 -
Howden brings Long out of retirement to chair equine division
07 October 2022
