Lockton

Lockton is hiring in financial institutions following the departure of several staff to join Bishopsgate.

It is understood that Padin will take on a treaty role overseeing client relationships across LatAm and the Caribbean while Martinez will lead fac re for Central America.

Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.

Rowley brings over two decades of experience, including nearly five years at WTW most recently and a 16-year-stint at Brit.

The segment will be co-led by Sean Hannah and Joe Koebele.

The carrier describes reinsurers’ current strategy of dealing with cyber policies as "a game of whack-a-mole"

The executive will work within the retrocession and property specialty division, as well as supporting the London market and global production activity.

The executive is to replace retiree David Lee.

Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.

The executive will lead operations and support the company’s growth strategy.

The broker reported double-digit growth across US, international and global reinsurance operations.

The executive was retail placement leader for Marsh UK and Ireland.