Latin America
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Earlier this year, Insurance Insider US revealed that the insurers were in takeover talks.
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Separately, Caribbean market head Janine Seifert is leaving the reinsurer for BMS Re.
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The broker noted a “significant variation” in renewal outcomes.
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The move follows a recent string of initiatives for Howden in Latin America.
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Howden has been expanding its South American presence through M&A.
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Holschneider co-founded the firm and is currently executive chairman.
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Howden recently expanded in South America with the takeover of Contacto and Innova Re.
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Muñoz was also Aon Re chairman for the Latin American region.
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The executive will also continue as MD overseeing Caribbean fac.
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The Miami-based underwriter will write lines of up to $5mn per risk for cyber and tech E&O.
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Spicer will transition to a global specialty executive chairman role.
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He will lead AIG’s business across Latin America and the Caribbean.
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