RKH & Descartes in parametric wind trade for European asset owner

RKH Reinsurance Brokers, a division of the Hyperion Insurance Group and parametric risk transfer and technology focused managing general agency (MGA) Descartes Underwriting have completed a wind risk trade for a European asset owner, using the AkinovA platform. The trade saw a European owner of outdoor advertising assets looking for a year’s supplemental insurance coverage…

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Dominic Addesso appointed non-exec Chairman of BMS

Dominic Addesso, the former CEO of Everest Re, has been appointed by independent insurance and reinsurance brokerage BMS Group as its new Non-Executive Chairman of its U.S. reinsurance broking arm. Addesso departed from insurance and reinsurance carrier Everest Re at the end of 2019, following six years at the company. BMS has strengthened its board…

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