Aon
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The broker has spent around 15 years working for Aon’s reinsurance unit.
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The appointment comes after a slew of cyber reinsurance brokers left Aon to join Howden.
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Aon expects depleted shareholder equity to be restored over time via higher retained earnings and the ‘pull-to-par’ effect of bonds approaching maturity.
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Total economic losses came in well above average, driven by the earthquake in Turkey.
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The latest round of hires marks a continuation of the broker’s expansive and rapid talent acquisition.
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Based in London, Artunduaga has served as Aon’s LatAm network leader. In addition, Chile-based Jose Necochea, Victor Padilla and Andres Claro will move to WTW.
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Pachlatko joins from Kessler where he was the practice leader for cyber and crime risks as well as team leader.
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Aon said it was “optimistic” that the market is now on a more stable footing following a turbulent 1.1.
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Reinsurers achieved an average ROE for 2022 of 5.2% – far below the cost of capital – in what Aon described as a “poor year for reinsurance sector earnings”.
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Finlay joined Aon last year from Guy Carpenter.
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The executive joins Lockton Re after almost 11 years at Aon Benfield, where he was treaty broker based in Chile.
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