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He joins from Swiss Re, where he has spent the last 27 years of his career. -
The executive is currently Asia Pacific CEO.
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The sale of the business was confirmed in June.
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The AIG and Stone Point-owned MGU will also look to move up-market, increase its weighting to E&S and add third-party paper.
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The 2025 target would be ~25% larger than the $3.56bn it placed for 2024.
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The group posted a 15.1% gain for October and 27.4% for September.
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Elevated casualty and high property claims are concerns, however.
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Major reserve releases help drive strong Q3 and year-to-date results, but the industry looks over-optimistic.
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Castel founder Mark Birrell will take the role of executive chairman.
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The 2024 hurricane season stayed within predictions for high activity but lacked market-moving events.
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Guy Pierpoint will report to head of marine Phil Wheeler.
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The executive will oversee all financial operations for the Howden-owned MGA.
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