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AI’s ability to analyse vast datasets will help in matching risk to capital.
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Growth was driven by strong returns and new investors entering the market.
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The July downtime will increase relevance, demand and innovation for the market.
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The broker said the mid-year reinsurance renewals benefitted from “more than ample” capacity.
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Sébastien Bamsey joins from JP Morgan, where he has worked for 18 years.
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Torrential rain caused flash floods in the Gulf States in the middle of April.
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He will report to Kelly Superczynski, Aon’s global head of capital advisory.
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The practice aligns existing capabilities from Marsh Specialty and others.
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The former Ledger director was joined by fellow ex-Ledger employees to “hit the ground running”.
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Juniper Re Bermuda received preliminary approval from the BMA last month.
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The RfP covers the CEA and/or the California Wildfire Fund.
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Driscoll and Lubert have been promoted to presidents.