Aon
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Aon estimated losses for the Czech Republic at EUR775mn, Austria EUR555mn, Poland EUR285mn and Slovakia EUR33mn.
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Padilla has also held senior regional roles at Cooper Gay and Swiss Re.
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Better performance data and clarity around entry are key, report says.
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The move follows the recent appointment of Aon’s Brad Melvin as US president and CEO.
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The brokers called on the industry to “catalyse” the country’ growth by removing blanket exclusions.
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Italy is seeking to address an insurance protection gap that is much higher than in other European countries.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The change comes as negotiations start to kick off for 2025 renewals.
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The US carrier abandoned the project due to high price expectations.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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Rob Kemp leads the EMEA central broking team as strategic broking director.
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Portfolios of clients of varying size in the same region aggregate more risk.
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