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Lynch served as CAC natural resources president for nearly four years. -
He succeeds Hugo Wegbrans, who becomes head of CRB for Europe.
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The Corporation’s CEO will run Aon Reinsurance Solutions.
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But forecasts of slowing growth in recent years have been too pessimistic – and uncertainty remains.
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The appointment comes a month after AP’s $13.5bn sale to Gallagher.
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The deal comes around three years after Markel sold a controlling interest in Velocity for $181.3mn.
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Risk Strategies looks like the deal that makes most sense, but other targets could include Galway or Hilb.
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Many cedants secured aggregate and subsequent coverage at 1 January.
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Terms of the deal, which is expected to close in Q1, were not disclosed.
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Sources said the platform has retained Barclays and Goldman Sachs to run a process.
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The Insurance Insider US news team runs you through this week’s key agency M&A.
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The $2bn+ raise would likely rest on the base case of an IPO in the medium term.
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