MS Amlin CFO resigns to join Hastings Group

Re/insurer MS Amlin's chief financial officer (CFO) John Worth is stepping down from his role to join Hastings Group, a UK-based insurance provider.

Worth will remain in the role of CFO at MS Amlin for the time being. The company said a search to find his successor has already begun.

Worth is expected to join the board of Hastings in the next few months. He is succeeding Richard Hoskins, who has decided to retire from his position as group CFO.

Worth joined MS Amlin in November 2017. Prior to that, he worked with Co-operative Bank and Hiscox.

"Since John joined the organisation, he has successfully led the actuarial, business management information and finance teams through a challenging period. We would like to thank John for his contribution to the business and wish him all the best for the future when he leaves later this year," said Simon Beale, CEO of MS Amlin.

Toby van der Meer, group CEO of Hastings, commented: "I am delighted to welcome John to Hastings and look forward to working with him as we continue our profitable growth trajectory. I would also like to thank Richard and wish him well for the future."

Get all the latest re/insurance industry news with our daily newsletter -  sign up here.

More of today's news

Lloyd’s should focus on US, not emerging markets, says new LMA chair

US P&C faces slower reserve releases, higher loss trends

P&C sector faces higher Q4 cat losses: KBW

HDI Global Specialty downgraded by AM Best

Munich Re backed on-demand insurtech Trov expands in US

Beazley bolsters European financial lines team with Hiscox, Aon hires

January 1 renewals rate movement limited: Guy Carpenter

Don't miss our insurtech email newsletter - sign up today