Aon
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Total economic losses came in well above average, driven by the earthquake in Turkey. -
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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Reserving has increased substantially, inflicting another major claim on the loss-hit class.
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M&G investments has committed the capital through its Catalyst private assets strategy.
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Tony Day and Julia Dickinson, who both joined Aon in 2013, have previously held a number of senior roles within the political violence and terror team.
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The market has quickly moved away from dramatic hardening in 2020 and 2021 following an influx of capacity.
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