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Hurricane Milton resulted in the largest insured loss of the year at $25bn. -
He succeeds Wayne Peacock, who retires this year after four years of service.
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Andrade is taking up a CEO role at another “prominent financial services firm”, Everest said.
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Alex Haines also previously held roles at WTW and Mapfre.
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The fast-moving blazes have prompted evacuations across the city.
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In 2019, Shali Vasudeva left her COO role at Hiscox to join Axa UK & Ireland as COO.
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The Corporation’s CEO will run Aon Reinsurance Solutions.
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The upstream market is now in softening territory, with capacity still abundant.
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Simon Delchar will become global head of placement.
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The move means Lloyd’s will have a new chairman and a new CEO in the same year.
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A roundup of all the news you need, including the Los Angeles wildfires.
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More than 4,000 acres are burning as thousands evacuate.
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