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Guy Van Hecke has spent the last 26 years working at Axa, starting at Axa Corporate Solutions. -
The expanded team aims to increase capability across global specialty lines and property specialty retrocession.
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The loss has increased by 1.4% since the company’s first assessment.
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The transaction complements its previous acquisition of RMS in 2021.
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The broker said it expects strong ILS capital inflows to continue.
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The deal will boost the investment consultancy’s ILS capabilities.
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Urban expansion, climate change and inflation are key drivers of losses.
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Yen Chu Choo has been appointed Asia Pacific capital advisory head.
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The firm’s deals so far have covered cat risk, with space ILS in scope for the future.
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The executive has held senior alternative capital roles at Aon and Guy Carpenter.
