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The broker said it experienced headwinds from prior-year book sales, inflation and investment costs. -
Rowley joins the broker after nearly five years at WTW, where he was most recently head of North American property.
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The Altamont-backed broking firm officially launched this month
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Pat Donnelly has succeeded Lucy Clarke at Marsh, and Adam Garrard at WTW has moved into a chairman role.
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This acquisition is part of Howden’s wider strategy to expand its product offering for Swiss and multinational clients.
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Eduardo Molinari served most recently as general manager of Iberia at Hannover Re.
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The firm said it had identified two specific transactions in which “collateral inconsistencies” were in question.
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Nine mariners from the former Ed Broking brand have resigned from Ardonagh, as the broker continues its brand consolidation.
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The acquisition is led by former Capsicum and Guy Carpenter fac broker Márcio Ribeiro.
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Skilton will be chair of the team with Wheeler and Murray heading up the global re specialty unit.
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Sources said the company has approached some US bankers and consultants as it is actively looking for potential targets in the country.
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The executive was retail placement leader for Marsh UK and Ireland.
