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Mathieu Loisel joins the reinsurance broker from New Re.
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Nick Hawke is coming out of retirement to take on the position.
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Plus, the latest people moves and all the top news of the week.
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The anticipated portion ceded to reinsurance may reach the mid-to-high single-digit billions, it added.
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This will be the most expensive fire in the state’s history, it said.
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McGill was recently included in Warburg Pincus’s multi-asset continuation vehicle.
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A $30bn industry loss would use one-third of Big Four’s 2025 cat budgets.
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A roundup of all the news you need, including the revival of the Willis trading name.
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The reinsurance attaches at $7bn, unchanged for the past two years.
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The Willis name, which dates back to 1828, will be used with clients and markets.
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Robin Hamilton has been appointed head of energy and marine liability.
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Market softening means exploiting hardening niches is the name of the game.