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The Corporation’s CEO will run Aon Reinsurance Solutions.
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Simon Delchar will become global head of placement.
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Many cedants secured aggregate and subsequent coverage at 1 January.
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The path to Howden’s new era is steep – but the opportunity is vast.
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The broker consolidator’s owners hired Evercore for a process in the autumn.
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The $2bn+ raise would likely rest on the base case of an IPO in the medium term.
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Each of the new participants is already invested in portfolio underwriting.
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The broker will report to EMEA property fac head Connor Halliday.
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Attachment points are unlikely to return to pre-correction levels any time soon.
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The reinsurance market is now in a healthy, stable condition, according to Gallagher Re.
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Supply generally exceeded demand and trading relationships were ‘strong’, CEO Tom Wakefield said.
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Axa XL leads the aviation all-risks reinsurance coverage for the destroyed Jeju Air Boeing 737-800 craft.