Talent
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Chang helps manage the fund’s ILS portfolio, reporting to ILS director Philippe Trahan.
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The promotion comes as the reinsurer’s new CEO Juan Andrade shapes his senior team.
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Cat losses almost halved last year compared with 2018, which the carrier said was evidence of its ongoing reduction of cat risk exposure.
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Michael Steel will be based in the RMS London office and report directly to CEO Karen White.
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But the merger will still create opportunities for rival brokers to claim market share. -
The senior underwriter had worked at the firm since 2015.
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The gap “poses a significant threat to livelihoods and global prosperity”, Axa’s non-executive chairman Denis Duverne said.
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Marsh president and CEO John Doyle described Hanuschak as “important” to Marsh’s growth strategy.
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Having a $20bn-revenue organisation would create the ability to invest more heavily in new solutions, including tech.
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Kaniewski spent over two years as FEMA’s second in command.
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Howard left JLT in 2019 following Marsh & McLennan’s takeover.
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But ILS market exposure to contingency covers is limited, CUO von Herberstein said.
