Axa XL
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It is understood that Salcedo will join Aon as P&C treaty head for Colombia and Ecuador.
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The carrier has also promoted Jamie Pedro to head of specialty re, Bermuda.
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It is understood the marine reinsurance programme renewed largely flat.
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The executive replaces Andrew Brooks, who served two consecutive terms.
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Insurers must avoid being a “blocker” in development and financing decisions.
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The power market is experiencing double-digit rate reductions.
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Beazley is one of the key leaders in the London marine marketplace.
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The carrier has been exploring launching into P&C organically or via acquisition.
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The carrier is planning a limited relaunch into the UK D&O market.
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Tom Potter was global casualty underwriting manager for UK & Lloyd’s at Axa XL.
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The pair hail from Dale Underwriting and Axa XL, respectively.
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He was appointed CUO of casualty, Americas, in July last year.