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The only major product line to see rate increases was casualty. -
The board of directors was unanimous in its decision.
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In a post on LinkedIn, Steve Arora said investor appetite “just wasn’t there”.
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Marsh alleges Aon also went after its clients as well as its employees.
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The executive will define strategic priorities and guide global growth.
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The Kelso and Arch-backed run-off player has retained Evercore to advise.
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The business will divide into US wholesale and specialty, and programmes and solutions.
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California wildfires had ‘little or no impact’ on property cat pricing at April 1, Dean Klisura said.
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Newly appointed CEO Chris Jones also joins the board.
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The firm now reports on insurance exposures to natural perils for 21 countries.
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Meco's 2024 gross written premiums totaled $63mn.
