Long serving hull underwriter Des Keane has resigned from Tokio Marine Kiln, re-Insurance.com understands.
Tokio Marine Kiln confirmed to this publication that Konstantinos Tampakakis, who worked alongside Keane prior to his departure will assume responsibility for the company’s hull book in London.
Keane’s eventual destination remains unclear at this stage.
Tampakakis has been with the carrier since 2009, according to his LinkedIn profile.
Tokio Marine Kiln’s hull business underwrites loss or damage to vessels, machinery and both proportional and non-proportional reinsurance with a line size up to $10mn.
In its 2017 Lloyd’s annual account Tokio Marine Kiln’s only marine writing syndicate of the three it manages – Syndicate 510 – booked £1.42bn ($1.93bn) in gross written premium.
Of that, the marine, aviation and transport segment of the syndicate booked £115mn last year.
This is the latest move in the marine market merry-go-round. In March re-Insurance.com revealed MS Amlin had let go its long standing senior hull underwriter Richard Lurcott.
Earlier this year Mike MacColl took over from Mike Talbot as XL Catlin’s global hull boss following the latter’s retirement.