Aon

In a second hire within the broker’s offshore wind team, Sarah Burston returns.

Simon Moore has joined Lockton Re as a senior broker in the company’s non-marine retro and property specialty team, based in London.

EU antitrust regulators will warn Aon that its $30bn bid to acquire Willis Towers Watson may hurt competition in the broking marketplace, according to a Reuters report. 

Marcus Foley joins the Bermuda office, while Tim Radford will work in London.

The recruitment marks a return to Aon for the energy broker.

Some pointed to low average costs to fix burst pipe claims, while others warned that BI could drive up losses.

Sharing confidential client information was endemic in the market until the 2017 investigation prompted it to be stamped out.

ARPC said the move improves the pool’s capital strength.

Market sources report an uptick in competition to secure accounts as clients sought optimum deals in a challenging market.

The A$14bn pool will switch brokers on 1 April.

Fiona Robertson

The merger may cause price increases or reduced service levels for major insurance buyers.