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It estimated insured losses from nat cats on track to exceed $135bn in 2024. -
A roundup of all the news you need today, including WTW GB construction head Jon Thacker's departure to Aon.
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Jack Palmer and Toby Hanington are also joining the firm, as previously reported by Insurance Insider.
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Jon Thacker has been at WTW for 20 years, specialising in construction.
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The firm is seen as an outstanding competitor to larger rivals in credit and political risk.
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The movers include former line underwriter for major property D&F, James Robertson.
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Adam Garrard will cover his responsibilities on an interim basis.
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The carrier attributed the intensification of storms this season to climate change.
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A roundup of all the news you need today, including Inigo’s retaining of Evercore to assess a range of capital options.
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The carrier is seen as a likely target of Lloyd’s ‘Big Game Hunting’ strategy.
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The Lloyd’s (re)insurer is looking to execute a five-year plan to double GWP to $3bn.
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