Guy Carpenter
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The pair were offered contracts by Willis Re in July. -
Earnings covers do not need to equal aggregate reinsurance deals, the broker said.
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Rafael Diaz, Tiara Elward and Felipe Murcia will join BMS’s LatAm and Caribbean unit.
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Despite rate reductions accelerating, the sector-wide combined ratio is set to remain below 90% through 2027.
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The broker is in hiring mode in specialty after numerous brokers departed for Willis Re.
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The reinsurance veteran joined Aon nearly 20 years ago from Cooper Gay.
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The executive has worked for JLT Re, Lockton Re, Willis Re and US Re.
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Matthew Flynn joins from RenaissanceRe.
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The broker has recruited from its rival as it looks to launch Willis Re 2.0.
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Underscoring a more competitive market, the structure includes an escalating premium.
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The executive has spent 13 years in the broker’s marine division.
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In the US, the index fell 6.7% year on year.
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