Pool Re’s treaty reinsurance plans present SME cover opportunity

Tom Clementi

Proposals to make Pool Re a treaty reinsurer could lead to a greater proportion of UK SMEs taking out terrorism cover, senior industry figures have said.

Under plans first pitched last year, Pool Re would adopt a model more similar to how insurers purchase reinsurance for natural catastrophes.

Speaking at a Pool Re event last week, the government-backed

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Arch promotes Bottle to UK MD

Arch Insurance International has promoted senior vice president of distribution and strategy Mike Bottle to UK managing director with immediate effect.

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