Litmus lures former S&P Europe insurance head

Ratings analytics firm Litmus Analysis has appointed Karin Clemens to head its development in the German speaking markets.

In addition to leading Litmus’ development, she will lead initiatives with global groups and life insurers.

Clemens was formerly head of Standard & Poor’s (S&P) European insurance rating practice and led the European S&P analytical team through the roll-out of the new S&P criteria over the last two years, delivering a step-change in the transparency and detail of S&P’s insurance ratings criteria.

Clemens said: “I’m delighted to be joining several of my former S&P colleagues at Litmus. There is great potential in the German speaking markets for Litmus’ ratings advisory, training and analytical services.”

Peter Hughes, Litmus founder, said: “It’s fantastic news that Karin is joining us. We believe the Litmus team already offers our clients a truly unique degree of seniority and depth in our ratings advisory resources and analytical services and Karin helps us take that to a further level still.”