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BMS Group reshuffles US reinsurance team

BMS Group Ltd. made a number of management changes in its U.S. reinsurance team following a "significant" investment by British Columbia Investment Management Corp.

The insurance broker named Pete Chandler CEO of BMS Re US, effective Dec. 9. He joined the team in May as president and is based in San Francisco.

The current CEO of BMS Re US, Steve Korducki, will become CFO, based in Minneapolis.

Andrew Bustillo, currently executive managing director of origination for BMS Re US, will become vice chairman, based in New York.