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The underwriter will relocate to the London market from Genoa. -
The role will focus on international treaty, specialty lines and strategic advisory.
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Eric Paire was head of capital advisory at Aon for nearly seven years.
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The reinsurer pegged the market loss at $40bn.
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Navigating its path to global specialty growth will require operational dexterity.
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The California broker’s pro forma revenue for full year 2024 was $268mn.
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The carrier pegged its LA wildfire losses at EUR140mn.
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The executive said the firm had to focus time and investment on the most meaningful projects.
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He said that “everyone’s looking for growth”, as the firm has moderated its top line projections.
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The steep reduction in quantum stands to benefit specialty excess of loss reinsurers.
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The capacity arrangement with LRA also remains in place.
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The transition will take place immediately, with Anthony Baldwin set to leave next month.
