Aon
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The executive says retention and new business wins drive growth. -
The company narrowly beats the consensus EPS forecast as expansion in both broker segments accelerates.
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The broker’s estimate is more than a third higher than Munich Re's $52bn insured loss tally.
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Aon will manage the captive, while Marsh is placing excess insurance for the digital currency platform.
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Demand for cover will increase, with "modest tightening" likely as the year progresses, the broker says.
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Pablo Munoz will assume the role of CEO of reinsurance solutions for the region.
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The broking giant alleges the founders of Infinite Equity stole trade secrets and violated fiduciary responsibilities.
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Adam Lantrip, Sam Levine and Laura Burke have joined the new division.
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The flagship facility retains QBE and Axa XL for 2020 participation.
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The purchase reflects the broker’s stated acquisition strategy of buying complementary businesses and services and of expanding digitally.
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The broker disputed allegations that it failed to protect a former employee from sexual harassment and terminated her as retaliation.
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Aon's Robert Johnston takes the Bermuda chairman role, with incumbent John Fletcher moving to the regional CEO post.
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