Capsicum looks to Guy Carpenter for partner hire

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Guy Carpenter Facultative UK property and energy head Malcolm Payton is to join Capsicum Re as a partner and head of its facultative reinsurance division.

Prior to his role at Guy Carpenter, Payton was head of global facultative operations for JLT Re. He has also previously worked at Swett & Crawford, Aon and HSBC.

Grahame Chilton, Capsicum Re CEO, said

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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