Aon
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Farah Nelson will report to recently appointed group CFO Charlie Rozes.
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A round-up of all the news you need today, including an updated forecast for Atlantic hurricane season.
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Hurricane Beryl is expected to strengthen again after hitting the Yucatan Peninsula.
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The executive was head of wholesale and specialty at Aon’s Global Broking Centre.
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Paul Davies has been with the broker for more than 36 years.
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Reinsurers were more willing to support lower layers ahead of 1 July, the broker said.
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The facility will provide coverage globally for blue and green hydrogen projects.
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The Mexican state oil company delivered the upstream market its largest claim in 2023.
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The broker said US insurers purchased around $5bn of additional cat limit.
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Evercore is leading the capital raise process and Aon is assisting with the Lloyd’s application process.
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Mark Parker has been leading the GBC on an interim basis and will retire in the coming weeks.
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SCS caused global insured losses worth at least $8bn in the first quarter of 2024.
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