WTW
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WTW has appointed Pieter Van Ede as global head of trade credit, in a move the broker said demonstrated its commitment to growth in the class of business. -
According to WTW’s report, countries are “de-aligning” from the West due to the declining influence of the US and its allies.
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It is understood that Axis and Canopius lead the facility, which considers clients from any industry sector in providing excess capacity.
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Despite improving returns, inflation and the availability of economically priced nat cat capacity remain the biggest challenges facing the sector.
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Simon Weaver will be responsible for driving business growth throughout the newly integrated region.
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Tom Haddrill joins from Lloyd’s, where he spent 11 years, most recently as CEO for Lloyd’s Asia and country manager for Singapore.
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WTW has been on a hiring spree in the wake of the failed Aon merger, and said France was one of its “most important” markets.
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The broker has been re-stocking its talent base following staff departures linked to the failed Aon merger.
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Only D&O and workers’ compensation clients experienced price decreases during Q3, according to WTW.
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Evan Freely will head up a team of 130 staff specializing in credit and political risk.
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Mahoney joins from Aon, where he was team leader for US general casualty and energy in London.
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The Corporate Risk and Broking head of global lines of business said staff and client attrition has been reversed – and cast doubt on predictions of further specialty market hardening.
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