Royal Gazette reports on Tamsin Webster’s appointment as Ariel Re Chief People Officer

Ariel Re’s appointment of Tamsin Webster as Chief People Officer was featured in The Royal Gazette newspaper in Bermuda.

It reported that Webster’s appointment will support the reinsurer’s continued growth, with a focus on strengthening its position around developing talent.

Chief Executive Officer Ryan Mather said: “As we continue to grow, her expertise in talent development will be instrumental in strengthening our position as an academy firm, where the best in the business want to work, learn and develop.”

SiriusPoint’s Global Head of P&C Programs Patrick Charles spoke with AM Best TV at the Target Markets annual summit in Arizona.

He discussed growth in the MGA and program market, the qualities carriers seek in underwriting partners, and how disciplined risk selection and profitability influence capacity commitments.

“The MGA market is growing. The number of carriers, reinsurers, and MGAs springing up is robust. What we’re seeing is people trying to figure out where does it go in a softening market, which comes with potential challenges,” Charles said.

He added that fact-based, rational partners who are candid about results and market trends – and who can generate profit – generally don’t have trouble finding capacity.

Mea Platform Chief Executive Officer Martin Henley was one of 10 Bermuda market leaders on a Bermuda Re+ILS who discussed how reinsurance can grow without sacrificing discipline as rates soften and new risks emerge.

The debate covered everything from the reinsurance cycle and casualty ILS to AI, crypto, and Bermuda’s competitive position.

On AI, Henley said: “There is an opportunity to use the technology now to remove a lot of the manual effort going on across the whole industry substantially, not to cut heads and do cost-cutting but get those who are pretty expert in insurance focused on some of these emerging risks and really understanding them.”