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The agency cited falling property rates and US casualty challenges. -
It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The reinsurance broker will be known as Marsh Re starting in 2027 as part of a broader company shift.
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Guy Carp has been rebuilding its marine and energy team after a major Willis Re team lift.
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The ICA has escalated its ‘significant event’ declaration to ‘insurance catastrophe’.
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The former Aon executive joins the reinsurance intermediary in London.
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Andrew Creed was named group president in addition to CFO last year.
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Sources said they expected FM to keep around $2bn of the maximum line net.
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The broker has analysed the differences in wildfire risk between Northern and Southern California.
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The capacity backs the reinsurance underwriter to cover international risks outside the US.
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The specialty reinsurance market is experiencing high competition and staff turnover.
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Barry Gale has spent almost five years at the broker.
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