AJ Gallagher
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In Q3, RPS recorded 7% organic growth, marking a deceleration from 10% in Q2 and 8% in Q1. -
The Insurance Insider US news team runs you through the earnings results for the day.
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A deal would mark Amwins’ second LatAm sale, after this publication revealed that Lockton acquired THB Brazil last May.
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2023 was the fourth consecutive year insured cat losses surpassed $100bn.
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Based in Brazil, the executive also has prior experience at Liberty Seguros, where he was regional manager, and Chubb, where he was LatAm surety underwriting manager.
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This follows a challenging period for business last year.
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The new team is one of several the broker has set up in the past 18 months.
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Some reinsurers could be heading into 2024 with spare capacity, the reinsurance leader said.
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The broker said over-placement on some deals was a positive sign for brokers, though reinsurance capacity is still very tight in some areas.
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Kevin Doyle joined RPS over five years ago as VP for the Western region, and in 2021 he was promoted to P&C Chicago area president.
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The Insurance Insider US news team runs you through some of the key M&A intelligence from the past week.
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Hansen’s role will be effective after a transition period with departing COO Chris Brook.
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