Aon
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The firm said it had identified two specific transactions in which “collateral inconsistencies” were in question. -
Skilton will be chair of the team with Wheeler and Murray heading up the global re specialty unit.
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The coverage is designed to reduce the island’s obligation to the US Federal Emergency Management Agency.
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At this week's Bermuda Climate Summit, speakers heralded the Island's future as a centre of excellence for climate-related innovation and risk transfer.
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The broker’s latest report finds stability but continued price discipline in most lines and regions.
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The broker has published research identifying transformative trends in the insurance industry.
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The broker said the risk from wildfire is also set to increase substantially.
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Mayer will manage a global centre of excellence for parametric products and report to Paul Schultz, CEO of Aon Securities.
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After more than a decade at ILS platforms, Brooks has returned to a broking role.
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The broker has spent around 15 years working for Aon’s reinsurance unit.
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Aon expects depleted shareholder equity to be restored over time via higher retained earnings and the ‘pull-to-par’ effect of bonds approaching maturity.
