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Rates have fallen an average of 10%, though changes can be highly specific to each property.
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The exec will lead key initiatives including Aon United, and work closely with NFP.
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The CEO said Ascot would deploy capital where it sees opportunities.
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New CEO Eckert said Conduit had taken “decisive action” after the LA wildfires.
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Hussey will take over the role left vacant when Luis Sonville moved to AJ Gallagher late last year.
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Growth and returns on equity fall, but most of the industry is still profitable.
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Former Aviva and AIA CEO Mark Wilson will lead the new initiative.
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The firm expects to replace the volume with Innovations-channel business.
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Hamilton also expects rising demand and stable supply for June 1 renewals.
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The IPO was announced at the end of April, targeting ~$2.6bn-$2.9bn.
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Jack Kuhn, President of Westfield Specialty, discusses the shifting market cycles and changing landscape at RISKWORLD 2025.