AJ Gallagher
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Sources said Guy Carpenter has promoted Jennifer Paretchan to succeed Mowery.
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Debby should be a “very manageable” storm for the (re)insurance market, it said.
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This is a new role for the broker.
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W&I premium rates have fallen as low as 0.4% in the UK.
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Annual InsurTech funding volume for H1 was $2.2bn, just below $2.3bn for H1 2023.
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The broker said rising reinsurance costs after the Baltimore Bridge collapse could put a brake on softening in 2025.
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Most recently, Richard Harries was CEO at Atrium Underwriters.
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David Ritchie had worked at the broker for 15 years and ran the D&O and FI teams.
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A roundup of all the news you need today, including Lloyd’s chairman candidates.
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Based in Peru, the executive will oversee marine and aviation lines.
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Chief science officer Steve Bowen said it was still too early to provide precise insured-loss estimates.
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