Aon
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The storm created wind damage in Portugal and flooding in France.
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Estimated liabilities could reach $1.9bn, though other forecasts peg losses at around $1.3bn. -
New Ventures Group created to plot Aon's future, with Tony Goland taking the new innovation leadership role.
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Atrium is understood to be the lead insurer on the main contractual-protection insurance placement.
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Elizabeth Jenkin was chief broking officer at Aon.
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Sandeep Malik will become CEO of the combined operation, while Geoff Blampied takes the role of chairman.
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The team will be led by current EMEA head of analytics from Aon’s reinsurance solutions unit Kelly Supercynski.
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The storm is expected to strengthen to a Category 3 after hitting Okinawa tomorrow.
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The London-headquartered broker thinks a big EC3 deal is out of step with current strategy.
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The broker has created the new role as it builds its M&A team.
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This publication's annual survey includes over 200 named executives across 36 publicly listed P&C (re)insurers.
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The marine reinsurance underwriter will begin his new role on 1 October.
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