Aon
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The most extensive damage was caused by rainfall in Texas, Louisiana, Mississippi and Florida.
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The executive will report to Aon North America CEO Jennifer Bell.
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Eric Paire has been at Aon since 2018, having joined from Guy Carpenter.
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The executive will report to Aon Northeast region leader Christine Williams.
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Erich Lowe most recently served as SVP with Aon’s property practice.
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The exit follows the broker moving its Climate Risk Advisory function into its Risk Capital segment this year.
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Insurance Insider US examines public brokers’ 2023 M&A.
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He was executive managing director in Aon’s wholesale treaty team.
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As of Friday morning, the Smokehouse Creek fire was 5% contained, up from 3% yesterday.
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The end of the waiting period effectively clears the path to close in the US.
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The exec was speaking alongside Doug Hammond after Aon agreed to buy NFP.
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The broker has been adding to its capabilities in the region.
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The pace of price decreases has eased since Q2 last year.
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The broker wants to “draw a line under the issue” and trade forward.
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Growth driven by 14% expansion in reinsurance solutions division.
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The committee claims Chaucer waited until it had ‘maximum leverage’ over other debtors.
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Jose Antonio Álvarez served as group CEO of Santander from 2015 to 2022
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The parties also signed a release of claims arising from the Vesttoo fraud.
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The transaction would have been one of the largest the market has seen for years.
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The broker’s latest climate report tallied global insured cat losses at $118bn.
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“We're certainly much more optimistic than we've been at any point probably over the last five years,” he told this publication in an exclusive interview.
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The broker’s report also hailed the best risk-adjusted margins for ILS investors in a decade.
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Separately, sources said Swiss Re Miami-based head of auto overseeing the motor portfolio for the LatAm region Carlos Ricci has also left the reinsurer.