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The reinsurer is planning to accelerate growth in its insurance business. -
The Chicago-based executive has also worked for Credit Suisse.
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The deal will exclude Covid-19 from its current year coverage.
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The November gathering will aim to combine a virtual segment and a “scaled-down” live event held in line with health and safety protocols.
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The reinsurer upsized the transaction to $250mn, from a $150mn initial target.
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Trading Risk reported last year that the Aon executive had resigned to join Lockton.
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As new regulations on climate risk disclosures are developed, insurance industry argues for a measured approach.
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The reinsurer’s analysis of 20 research groups’ predictions points to a busier season than usual.
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The catastrophe bond’s price guidance was also tightened from the initial offer.
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The deal is the first typhoon cat bond for the insurer, which previously sourced earthquake cat bond coverage.
