HDI Global Specialty
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The underwriter has spent 10 years in Singapore, mainly in broking. -
The largest single loss event in the quarter was the Turkey and Syria earthquake, which cost EUR15mn.
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GWP rose by 17.9% to EUR8.9bn, with premium income now almost double 2018 levels.
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The underwriter joined the company in 2020 amid hard market conditions.
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The executive joined the carrier last year as underwriting manager for US delegated authority.
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The carrier has divided its underwriting unit into six core pillars.
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The carrier has also appointed Alberto Bellomi as managing director of HDI Global SE in Italy.
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Colin Lavey takes over the role from Owen Digman, who left the business in July.
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The board hailed the success of the executive in developing the group’s business performance and culture.
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David Hullin will take on responsibility for all Talanx industrial lines outside Germany.
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Richard Taylor has been promoted to UK and Ireland CEO as part of the restructuring.
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The executive will replace Florence Louppe, with Etienne de Varax leading the French operation on an interim basis.
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