North America

Paul spent five years at Gallagher Re in addition to 10 years at Guy Carpenter.

The aviation market is currently experiencing high levels of competition.

The NHC is predicting storm surge, exacerbated by the tide, as high as 15ft for Tampa Bay.

A hurricane warning has been issued for the east coast of Florida.

Hurricane Milton strengthened from a tropical storm on Sunday to a Category 5 storm yesterday.

Most sources noted expectations of a $50bn+ event, but the range of outcomes is huge.

Milton is expected to move north of the Yucatan Peninsula today and cross the eastern Gulf of Mexico by Wednesday.

We may be in the midst of US hurricane season, but international catastrophe losses can emerge at any moment.

Guy Carp is advising the specialty insurer as it seeks to draw a line under adverse development from its historic program book.

As the carrier looks to provide liquidity to its PE backers, it is examining a range of paths to reshuffle the investor base.

The dispute has arisen due to a mismatch in the provision of infectious disease cover between Petroperu’s policy with local fronting carrier Mapfre, and the policy between Mapfre and its facultative reinsurers.

The executive will also remain his current role as head of Colombia, it is understood.