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The carrier has been in hiring mode in recent months after staff exits earlier this year. -
Celestial Aviation Services received $501.5mn relating to 14 aircraft that were stranded in Russia as a result of the ongoing conflict with Ukraine.
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Pierro will be responsible for establishing operations in France and growing the company’s European cyber insurance portfolio.
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Reinsurers are also determined to secure structural changes and payback from Italian, Slovenian and Turkish cedants at 1 January 2024.
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Current cyber brokerage leader for the US and Canada, Meredith Schnur, will succeed Reagan as cyber practice leader, US and Canada.
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The underwriter will retain his responsibilities as lead underwriter for credit and political risk.
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With new leadership at some of the largest continentals, there will be close attention to how their tactics in changing lines of business will evolve.
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Podmore joins from Swiss Re, where he held the role of lead cyber underwriter.
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The onshore energy broker has more than 15 years’ experience in the sector.
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Plus, all the latest company results, executive moves and top news from the week.
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Executives said geopolitical uncertainty, economic stagnation, cyber, cat events and inflation will drive demand on the Continent.
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Sources are paying close attention to several pipelines in the region, as the conflict between Israel and Hamas continues.
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