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The raise includes minority investments from Nationwide, Enstar and others.
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The executive joins Munich Re from Amwins Global Risks.
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Sources expect at least $80mn-$90mn of insured losses stemming from the case.
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Richard Pennay will become CEO of Aon Securities.
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The Plane Talking report said the longevity of the ‘buyers’ market’ is in question.
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The settlement was announced by DAE’s lawyer Alistair Schaff on day one of the aviation ‘mega trial’.
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A roundup of all the news you need today, including the launch of Pine Walk’s reinsurance MGA.
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The WTW president of risk and broking is the first woman to hold the role in the institute’s history.
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The announcement comes a week after the launch of international property MGA Seraphina.
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Rising sea levels and ocean warming were likely factors in Helene’s strength.