Aon
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The “exceptionally large and powerful” Category 4 storm made landfall in Florida last month.
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Richard Pennay will become CEO of Aon Securities.
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Aon estimated losses for the Czech Republic at EUR775mn, Austria EUR555mn, Poland EUR285mn and Slovakia EUR33mn.
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Better performance data and clarity around entry are key, report says.
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The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The US carrier abandoned the project due to high price expectations.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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Growth was driven by strong returns and new investors entering the market.
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Portfolios of clients of varying size in the same region aggregate more risk.
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White Rock claims CCB was responsible for the “lion’s share” of fraudulent letters of credit.
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The peril can no longer be considered secondary, according to Gallagher Re.
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