AJ Gallagher
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More broadly, the firm is looking at over 100 potential mergers in its pipeline, with ~$1.5bn acquired revenue.
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The above-average tally was driven by a high frequency of mid-sized events.
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The cost to the NFIP is likely to be a “mid to high single-digit-billion impact”.
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Paul spent five years at Gallagher Re in addition to 10 years at Guy Carpenter.
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The broker confirmed Darren Jones and Ian Curtin were also joining the firm.
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The Plane Talking report said the longevity of the ‘buyers’ market’ is in question.
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Simon Collings will join Gallagher’s UK executive team, reporting to UK CEO Michael Rae.
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An unexpected shift east towards Tampa could push losses beyond $10bn.
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Construction rates remain stable with some talk of potential softening.
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Former Artex managing director Jasmine DeSilva will run the segment.
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Francine is expected to make landfall in Louisiana tomorrow.
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Current head of specialty Paul Upton will move to become chairman of the division.
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