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Donna Swillman is currently a senior underwriter at Axa XL. -
The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
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Farnworth will also chair the carrier’s audit committee.
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The data modeling firm said losses previously averaged $132bn annually.
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Signs of discipline indicate a “break” from past boom/bust market cycles.
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Some 32% of survey respondents expect property cat rates to fall by more than 7.5%.
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The deal is part of Gallagher’s ongoing Asia-Pacific investment strategy.
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Sébastien Bardy joins from Allianz to lead the firm’s financial scale-up.
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The Japanese carrier faces integration challenges to make a success of the deal.
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The deal ends Livingbridge’s two-year attempt to sell the UK broking/MGA platform.
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The carrier is looking to take a lead position in energy-transition risks.
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Henrietta Butcher leaves Tysers after decades with the broker.
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