Aon
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SCS insured losses accounted for 48% of all global losses last year. -
It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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Plus, the latest people moves and all the top news of the week.
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The former Aon executive joins the reinsurance intermediary in London.
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Sources said they expected FM to keep around $2bn of the maximum line net.
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The multi-line program seeks to support investors, developers and operators involved in the AI boom.
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Barry Gale has spent almost five years at the broker.
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Zaffino will become executive chair of AIG and retire as CEO by mid-year.
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Reinsurers’ average RoE was 16% as of September 2025.
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The president and CEO will also be eligible for up to $50mn in shares.
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The influx of capital, combined with a quiet wind season, led to favorable conditions for cedants during 1.1 renewals.
