To head the existing team of actuaries

Max Capital Group has appointed Joseph Monk as global chief actuary. Mr Monk comes to Max from Lane Clark & Peacock (LCP), where he was head of insurance consulting. He has experience in reserving, capital modelling and pricing.

Marston Becker, chairman and chief executive officer of Max Capital, said: We are pleased to be adding Joe as leader of Max’s existing team of specialist actuaries. Max’s strength has been our superior underwriting and risk management skills partnered with in-depth actuarial analysis.

“Joe is a highly regarded professional with the skills and experience that will enable him to effectively coordinate, control and develop our group-wide actuarial resources.

Operating from offices in Bermuda, Ireland, the US, Latin America and at Lloyd’s, Max Capital Group provides specialty insurance and reinsurance products to corporations, public entities, property and casualty insurers, and life and health insurers.