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The transaction will be one of the largest involving two strategics in broking history.
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The Insurance Insider US news team runs you through this week’s key M&A deals.
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Attendees concurred that they don’t expect the “Golden Age of E&S” to end anytime soon.
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The executive also worked at JLT Re as head of LatAm and Caribbean analytics.
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In Q2, median property price increases decelerated to 2.3%.
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Increased antitrust activity and the NFIP’s dissolution would present new challenges for the industry.
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Anthony Mirabal will work closely with Juan Carlos Gomez, who will become president for the region.
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The choice to build a reinsurance unit at arm’s length alleviates some financial strain.
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The two parties are targeting a launch by the end of the year, with scope for WTW to buy the start-up at maturity.
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The broker reported that global reinsurer capital reached a record of $695bn as of June 30.
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The executive succeeds Tim Ryan, who was recently appointed as the firm’s US president.
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