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Almost 300,000 people have been left without power from the storm. -
Competition for specialty reinsurance talent remains high.
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Plus, the latest people moves and all the top news of the week.
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The ratings agency noted “significant” underwriting improvement in 2023-24.
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The executive spent a brief period at Wakam in a capital and reinsurance role.
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Sources warned of the erosion of underwriting margins after a string of strong years.
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The London D&F market will shoulder most of the losses.
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The role will focus on international treaty, specialty lines and strategic advisory.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The reinsurer pegged the market loss at $40bn.
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He said that “everyone’s looking for growth”, as the firm has moderated its top line projections.
