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The Goldman Sachs-backed broker will buy out BP Marsh’s stake. -
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Barbara Bufkin has held executive roles across the industry, and Patricia Roufca was UK CEO at Fidelis Underwriting.
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Over the period, the Spanish carrier’s reinsurance segment expanded profit by almost 10% year on year.
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The loss tally is considerably lower than estimates issued by model vendors.
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The global broker has beaten off competition from AJ Gallagher, and a number of other strategics.
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Insured losses for 9M 2024 have hit $102bn, according to a report.
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Liberty Mutual expects $550mn in Helene losses versus Milton’s $250mn-$350mn.
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The pair will report to Imea CEO Julian Samengo-Turner.
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The launch will add to a marine portfolio which already includes cargo and reinsurance accounts.
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