KPMG has appointed a new head of its restructuring insurance solutions practice.

The company said Mike Walker will take over from Tony McMahon who retires from KPMG in April 2007.

Mike has been in the restructuring insurance solutions team for nearly 15 years.

He said, “As seen from the latest KPMG/ARC Run-off Survey 2006, the UK market is huge with an increasing amount of trapped capital. The industry, both in the UK and overseas, is looking for new ways to drive both operational and capital efficiencies. Our team has a wealth of practical experience that can help our clients to achieve these objectives”

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