BMS
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BMS’s Andrew Siffert said losses from US winter-related storms and thunderstorms are likely to arrive at a below-average figure for Q1.
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Eliot Powell, whose remit will include M&A opportunities, will be based in London and report into CEO Nick Cook.
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Chris Harding and James Ferris have been appointed as directors of capital and risk advisory, effective April 2022.
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The newly created role will see Neil Prior lead BMS’s global environmental and social responsibility initiatives.
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Juan Carlos Gomez will be based in London and report to Aidan Pope, executive chairman and CEO of BMS Re Latin America and Caribbean.
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The target firm deals in engineering, energy, P&C and specie.
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BMS Re has appointed Pedro Carvalho as head of BMS Re Brazil’s facultative department, effective immediately.
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BMS has entered the terrorism and political violence market with the hire of Harry Simpson and his team from Tysers.
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As part of the deal, Seoul-based VIB will become a newly licensed entity called BMS Korea.
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The operation will be led by José Leão, CEO of BMS Re in Brazil, and Judi Newsam, president.
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A reinsurance panel at Reconnect also called for reform of risk models
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Hurricane Henri is seen as a minimal event historically as the world braces for peak hurricane season, which begins on September 10.
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