Lockton

The broker used a consensus-based hypothetical cat event type to analyse its global impact.

Rate increases are expected to continue, but at a slower pace.

Preet Gill spent nearly 20 years with Marsh McLennan’s technology practice.

He was most recently cyber product leader at Zurich NA.

He had most recently served as a managing director at Aon.

The changes are effective immediately.

The executive will lead strategic initiatives and hire talent.

Ross' appointment marks the first of four hires to the new business lines.

The executive joined family-owned Lockton in 2020, as director of energy within the South Florida-based Latin America and Caribbean team.

It is understood that Padin will take on a treaty role overseeing client relationships across LatAm and the Caribbean while Martinez will lead fac re for Central America.

Kenneth Gould and Frank Scardino resigned “effective immediately” in early October to join WTW, allegedly forgoing a required 30-day notice period.

Insurers across most sectors have shown a healthy risk appetite, which has driven competition for premium and market share, the broker said.