North America
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Growing economic and population exposures are driving potentially larger insured losses.
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The hires form part of WTW’s build-out of its US aviation practice.
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The retailer’s partners are looking to join forces to secure better deals.
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Ann Field, Matt Moore and David Griffiths have also had promotions.
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The broker's share price dipped 11% in morning trading after its Q1 earnings missed expectations.
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His leadership roles included overseeing the firm’s capital solutions group.
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The commercial risk and reinsurance units delivered mid-single-digit growth.
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Lucy Clarke said the broking business was resilient in the face of macro challenges.
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Organic growth was flat on the prior year and in line with Q4 2024 figures.
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Insolvencies caused by the tariffs could also cause increased losses
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The sale price represents Elephant’s approximate net asset value.
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The executive will define strategic priorities and guide global growth.
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