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Cincinnati Global entered the cargo market this year. -
TMK formed its specialty reinsurance unit last year.
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The underwriter has held positions at The Hanover, Liberty Mutual and Zurich.
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The broker replaces Louise Nevill, who is joining Axa XL as CUO for specialty.
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Competition is high in specialty reinsurance as new capacity enters the market.
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Insurance Insider revealed earlier this week that the underwriter had resigned from Allianz.
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New capacity continues to enter the hull market, and rates are falling.
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The final month of the year saw an unusually high number of claims.
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The business is looking to grow its marine offering across its global platform.
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Jonathan Mesagaes will report to John Hyland, head of underwriting and marine.
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Simon Horton spent 10 years at Marsh before joining AIG last year.
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Fierce competition for cargo talent continues in the London market.
