North America
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Marsh is also seeking expedited discovery in a related talent poaching case. -
The payment will cover what the filing called “foregone incentives at his former employer”.
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The industry veteran retired from AIG at the end of last year.
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The peril has been historically difficult to model compared to others.
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Paddy Jago was also chairman at Willis Re and North America CEO for P&C at Aon.
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Habayeb will start next May following Kociancic's retirement.
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Parties will now brief on a request for a preliminary injunction on an expedited timeline.
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The appointment follows Everest’s $2bn renewal rights sale of its commercial retail business to AIG.
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Stephenson will start his new role in early 2026.
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The agency cited moderating premium growth and selective underwriting capacity as factors behind the downgrade.
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Existing facilities and carrier partners will be transferring from K2.
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Panellists said the sector must communicate its value in language tailored to each client.
