Guy Carpenter
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EMEA CEO Laurent Rousseau said reinsurance must retain its relevance to investors. -
The Bermuda-based executive joined the Ardonagh Group’s reinsurance broking arm in March 2023.
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The hire comes as Guy Carpenter fills the void created by the Willis Re raid earlier this year.
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The move comes as the broker rebuilds its Bermuda team.
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Chris Eaton and Bill Moret gave their notice last week without specifying their destination.
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The assistant treasurer is also due to review the Australian cyclone pool.
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Nick Fallon is the latest in a string of retro-broker moves in the market.
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The pair were offered contracts by Willis Re in July.
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Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
