Aon
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The broker said 1 April Japanese renewals reinforced positive trends in the US at 1 January. -
Sources cited numerous issues with how collateral protection insurance was designed.
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Natural-cat-exposed business saw significant price increases.
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The pair hail from Miller and Aon respectively.
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The exit follows the broker moving its Climate Risk Advisory function into its Risk Capital segment this year.
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He was executive managing director in Aon’s wholesale treaty team.
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Mike Smith will step down from his role on 31 March.
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The end of the waiting period effectively clears the path to close in the US.
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The executive will lead strategic initiatives and hire talent.
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The broker has been adding to its capabilities in the region.
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The pace of price decreases has eased since Q2 last year.
