Munich Re US marine underwriting exec Sean Dalton succeeds Frédéric Denèfle and will serve a four-year term at the marine insurance industry group
Leadership appointments come as Pine Walk grows to 18 MGAs and $1.6bn of written premium
Milan-based operation will initially offer construction and engineering, property and surety products, with first risks expected to be written in early 2027
New leadership structure at the reinsurance broker will see Volker Wahl become executive chairman as Jan-Oliver Thofern prepares to retire at the start of 2027
Ollie Waterman will take responsibility for the claims management firm’s Middle East business from 1 October as Malcolm Addy prepares to retire
Financial lines head takes on responsibility for underwriting strategy, portfolio performance and risk appetite as HDI progresses towards launch of its new Lloyd’s syndicate
IUMI president Frédéric Denèfle said marine insurers face growing uncertainty from war risks, competition, inflation and changing trade routes despite continued premium growth