AJ Gallagher
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In its Plane Talking report the broker said insurers are still focused on long-term rate adequacy.
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The broker opposes the city official’s proposal, arguing it already has sufficient measures in place.
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The broker has made six global aviation hires as the battle for staff in the market continues.
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Pen Underwriting CEO Jonathan Turner will replace John Thompson, who moves to a newly created business development role.
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The former Aon broker specialises in general aviation and small products liability business.
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The new proxy access provision covers nominations for up to two directors, or a fifth of the board.
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Mid-year M&A including the aviation deal increased the broker’s margin by about 50 bps. -
The broker reported the same year-on-year organic growth figure of 5.8 percent, as EPS surged to $0.58.
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Hancock’s shock departure, Pioneer for sale, AJG’s Matson on record and more loss updates.
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The executive becomes construction broking head for specialty operations including Alesco.
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With a powerful new parent, the reinsurance broker could fill the slot vacated by JLT Re, but it may prefer to remain a boutique.
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US expansion is in the reinsurance broker’s sights following the takeover.
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