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The change reflects the company’s growing profile within the MS&AD group.
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TSR previously predicted activity slightly below the 1995-2024 average.
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New capacity is fuelling competition for talent in the class of business.
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The executive will also continue as MD overseeing Caribbean fac.
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SCS can no longer be considered a "secondary" peril for the US insurance market, Steve Bowen said.
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Plus, the latest people moves and all the top news of the week.
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Trade credit rivals Coface and Awbury are also entering the market.
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The agency forecasts up to five major hurricanes and 19 named storms.
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Last week Neo Combarro, Lockton’s head of TL announced his exit on LinkedIn.
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Spicer will transition to a global specialty executive chairman role.
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The majority of the savings are expected to be realised in the retail division.
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She will continue to work with the executive team on key projects and initiatives.