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He will succeed incumbent president Kadidja Sinz.
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Arturo Pelaez will continue in his managing director role at Brookfield Asset Management.
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Sources said the downstream energy market is unlikely to turn a profit in 2025.
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Partner Neo Combarro announced his departure on LinkedIn in May.
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Marsh’s property book saw an average decline of 9% in Q1, a trend that appears to have continued through Q2.
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The Bermudian investor already owned a 1% interest in the NY-based MGA platform.
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Willis has been adding brokers to its aviation unit in Europe and the US.
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The availability of capacity remains the market’s key driver, the broker said.
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Bridges had been at QBE for 17 years.
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The claims specialist spent 30 years at Amlin before joining TFP.
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The former Hiscox Re & ILS specialty underwriter starts on 7 July.
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Rates continue to drop as capacity is ample, the broker said.