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The InsurTech is disposing of some non-core business units. -
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Alex Nelson will work as head of power and renewable energy at the carrier.
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Robert Salzmann has been with the Swiss Re insurer for a decade.
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Castel founder Mark Birrell will take the role of executive chairman.
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The brokers will focus on cross-border, high hazard risks.
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The transaction has received all required regulatory approvals and closed.
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The Lloyd’s market chief stressed the need to grow into new classes and took aim at DA management.
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Analysts suggested Aviva could sweeten its offer for the UK personal-lines carrier.
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Guy Pierpoint will report to head of marine Phil Wheeler.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
