Aon
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Storms from 16-23 June added to a “very active” quarter for the peril.
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Pietro Toffanello will be based in Milan and report to reinsurance solutions' EMEA co-CEOs Tomas Novotny and Alfonso Valera.
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Sources have pointed to a deal multiple in excess of £360mn for the UK retailer.
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Aon claims PFI head Paul Tubb unlawfully recruited five colleagues for Howden’s construction unit.
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The industry veteran replaces Melissa Thomas, who took over the Cayman business a year ago.
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The move follows a restructure of the broker’s London reinsurance unit last year.
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Market dislocation and macroeconomic disruption were listed as the second and third most prominent risks, with the economic environment as a key concern.
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The intermediary’s reinsurance solutions business has appointed Joanna Parsons as it looks to expand its capital advisory unit.
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The broker leads a team specialising in the placement of various subsea technology risks.
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Global reinsurance capital grew by 3.8% last year, according to Aon’s analysis of 22 reinsurers.
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The broker promoted Eduardo Hussey to succeed Gregory as part of the leadership changes in Miami.
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It is understood that the Marsh and Aon Alpha facilities are those with the most exposure to the war in the Ukraine.
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