Bermuda-based reinsurer Ariel Re will see its chief executive officer (CEO), Tom Hulst, depart next week.
This follows the departure of Ariel Re’s co-CEO, Tom Milligan, who announced his departure last August, following the closing of the sale of Ariel Re to Banco BTG Pactual. In 2015, he joined Lancashire as a non-executive director.
30 October 2026 Reinsurance premiums declined as the group navigated a challenging market, while stronger investment income helped offset underwriting losses.