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Siobhan O’Brien will exit her current role as head of cyber centre of excellence for international. -
Roman Romeo was named CEO of Reinsurance Solutions in Bermuda in April this year.
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An estimated $6bn to $9bn will be ceded to the FHCF, and $6bn to $10bn to traditional reinsurance markets.
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PPL plans for iterative releases and a production environment by end of Q1 2025.
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Benign claims activity and increased capacity are contributing to “competitive pressures”.
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The broker confirmed Darren Jones and Ian Curtin were also joining the firm.
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Richard Pennay will become CEO of Aon Securities.
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Brokers will only get more vocal on aggregate or secondary peril if Helene remains a retained loss event.
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The broker will take a charge of $1.6bn-$2.1bn relating to the sale.
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The smart-follow unit was launched as part of Howden’s HX in 2020.
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The broker has also worked in underwriting roles at XL Re and TransRe.
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The transaction will be one of the largest involving two strategics in broking history.
