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Double hire completes Ark casualty reinsurance team

Ark Syndicate Management said it has completed its casualty reinsurance platform with the addition of David May as head of Casualty Re, and Andrew Aldwinckle as a senior underwriter, both from Aspen Re.

Both recruits join senior underwriter Simon Humphries at Ark to position the company’s platform in the Casualty Re line for 2008. The team will seek to write a broad spectrum of general and employer’s

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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